NAREIT welcomes 12 new Corporate Members that have joined so far in 2017.
Blackstone Real Estate Income Trust, Inc. is a newly organized public non-listed equity REIT that primarily invests in stabilized commercial real estate properties diversified by sector, with a focus on providing current income to investors. Based in New York, Frank Cohen is chairman and CEO.
Clipper Realty Inc. (NYSE: CLPR) is an equity REIT that acquires, owns, manages, operates and repositions multifamily residential and commercial properties in the New York metropolitan area. David Bistricer is the founder, co-chairman and CEO of the Brooklyn, New York-based company.
Colony NorthStar, Inc. (NYSE: CLNS) is a global equity REIT with property holdings in the health care, industrial and hospitality sectors, as well as other equity and debt investments. Based in Los Angeles, Thomas Barrack, Jr., is executive chairman, David Hamamoto is executive vice chairman, and Richard Saltzman is president and CEO.
ESH Hospitality, Inc. (NYSE: STAY), is an equity REIT whose class B common stock trades on the NYSE as paired shares with the common stock of Extended Stay America (ESA). Together, ESH and ESA own more than 620 hotels and 68,000 rooms in the U.S. and Canada. Based in Charlotte, North Carolina, Gerry Lopez serves as president and CEO of ESH.
Fondo De Inversion Independencia Rentas Inmobiliarias, based in Santiago, Chile, is an equity REOC listed on the Chilean stock exchange that invests in office buildings, street retail, warehouses and land, primarily in Chile. Francisco Herrera is the CEO.
Gazit-Globe (NYSE; TSX; TASE: GZT), which has its U.S. headquartered in Miami, is an equity REOC that owns, develops and operates supermarket-anchored shopping centers and retail-based, mixed-use properties located in urban growth markets. It is also active in the health care sector in the U.S. Chaim Katzman is chairman. Dori Segal is vice chairman and CEO.
Griffin-American Healthcare REIT IV, Inc., is based in Irvine, California. The public non-listed equity REIT seeks to invest in health care assets, including medical office buildings, hospitals, skilled nursing facilities, senior housing facilities and other health care properties. Jeff Hanson is chairman and CEO.
Hines Global REIT II, Inc., based in Houston, is a public non-listed equity REIT that invests in a diversified real estate portfolio in markets around the world. Sherri Schugart is president and CEO.
Invitation Homes Inc. (NYSE: INVH), based in Dallas, is an equity REIT that owns and operates single-family rental homes in the U.S. Bryce Blair is chairman, and John Bartling is president and CEO.
Reven Housing REIT, Inc., (NASDAQ: RVEN), based in La Jolla, California, is an equity REIT that focuses on the acquisition of occupied single-family rental properties in the U.S. Chad Carpenter is chairman, president and CEO.
SBA Communications Corp. (NASDAQ: SBAC) is an equity REIT based in Boca Raton, Florida. It owns and operates wireless communications infrastructure across North, Central and South America. Steven Bernstein is chairman. Jeffrey Stoops is president and CEO.
Steadfast Apartment REIT, Inc., based in Irvine, California, is a public non-listed equity REIT formed to acquire and operate apartment communities in markets throughout the U.S. Rodney Emery is chairman and CEO, and Ella Neyland is president.
(Contact: Bonnie Gottlieb at bgottlieb@nareit.com)