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. Mark Walker (R-NC), a member of the House Homeland Security Committee, visited CBL & Associates' Friendly Center in Greensboro, NC. During the visit, the Congressman was briefed by General Manager Brad Rogers on the properties' recent developments and economic impact on the local community.
Rep. Suzan DelBene (D-WA), a member of the House Judiciary Committee, visited AvalonBay Communities' Avalon Esterra Park property in Redmond, WA. During the visit, the Congresswoman was briefed on the status of AVB's investment in the Seattle region.
Rep. Tom Price (R-GA) visited with executives from Piedmont Office Realty Trust in Atlanta and was updated on the company's current development projects in Georgia and throughout the country. Rep. Price is Chairman of the House Budget Committee and a senior member of the House Ways & Means Committee.
Rep. Cedric Richmond (D-LA) visited the corporate headquarters of Lamar Advertising in Baton Rouge, LA where he met with CEO Sean Reilly. Mr. Reilly gave the Congressman a tour of Lamar's headquarters and described for him the economic impact the company provides to Baton Rouge and the state of Louisiana.
NAREIT’s newly formed Real Estate Sustainability Council (RESC) held a kick-off meeting in Los Angeles Oct. 4.