The Nareit Developments section on reit.com provides updates of Nareit's activities and key events impacting the REIT and commercial real estate industry. Nareit is the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets.
Camden Property Trust (NYSE: CPT) has emerged as the top-ranked company on a list of the 50 best workplaces for diversity in the United States.
Rep. Sean Patrick Maloney (D-NY) visited Simon Property Group's Woodbury Common Premium Outlets in Woodbury, New York. The property, which is the largest outlet center in the world, is in the midst of a major redevelopment..jpg)
Representative Tom Reed (R-NY) (center), a member of the House Ways & Means Committee, visited Southern Tiers Crossing, a DDR Corporation property in Horseheads, New York.
Rep. Mimi Walters (R-CA) toured The Shops at Mission Viejo in Mission Viejo, California, which is owned and operated by mall REIT Simon Property Group.
Essex Property Trust, Inc. (NYSE: ESS) President and CEO Michael Schall has been named the 2015 Multifamily Executive of the Year by MULTIFAMILY EXECUTIVE Magazine. The magazine said it chose Schall not only for his role in the $4.3 billion purchase of former West Coast competitor BRE Properties, but also for the speed with which the firms were integrated.
Sen. Jeff Flake (R-AZ) met with Maria Halstead, senior manager, Arrowhead Towne Center, in Phoenix. Arrowhead is owned and operated by The Macerich Company which has several major assets in the greater Phoenix metropolitan area.