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.
Rep. George Holding of the House Ways and Means Committee meets with REIT executives from Kilroy Realty,Macerich and Public Storage in Los Angeles and received a briefing on the critical issues now facing the industry.
Rep. Jim McDermott (D-WA), a senior member of the House Ways and Means Committee, visited Alexandria Real Estate Equities' property at 1616 Eastlake Avenue in Seattle. John Cox, senior vice president, regional market director, Seattle (left), gave the Congressman an overview of the investments Alexandria is making in Seattle.