11/08/2016

NAREIT NAMES 2017 OFFICERS AND BOARD MEMBERS
AVALONBAY CEO TIMOTHY NAUGHTON TO SERVE AS CHAIR

WASHINGTON, D.C., Nov. 8—The National Association of Real Estate Investment Trusts (NAREIT) today announced the election of its 2017 officers, as well as the members of its Executive Board, the organization’s governing board, and its Advisory Board of Governors.

NAREIT’s new Chair is Timothy J. Naughton, Chairman and CEO of AvalonBay Communities, Inc. Naughton takes over from NAREIT’s 2016 Chair, Edward J. Fritsch, President and CEO of Highwoods Properties, Inc.

“I am pleased and honored to have the opportunity to serve our industry as NAREIT’s 2017 Chair,” Naughton said.  “Coming into this office, I have a solid foundation on which to build.  My predecessors who served as Chair have achieved a great deal on behalf of our industry.

“In the year ahead, I look forward to building on that platform,” he said.  “We will continue to build awareness among all of our audiences for the importance of REITs – as a core investment; as an economic contributor; and as an engine of job creation and growth for our communities.”

Other NAREIT officers for 2017 are First Vice Chair Thomas J. Baltimore Jr., Hilton Worldwide, Inc.; Second Vice Chair Sandeep Mathrani, CEO, General Growth Properties, Inc.; and Treasurer Owen D. Thomas, CEO, Boston Properties, Inc.  All of NAREIT’s officers also are members of its Executive Board.

Also serving on NAREIT’s 2017 Executive Board are: Michael D. Barnello, President and CEO, LaSalle Hotel Properties; John P. Case, CEO, Realty Income Corporation; Edward J. Fritsch, President and CEO of Highwoods Properties, Inc.; William P Hankowsky, Chairman, President and CEO, Liberty Property Trust; Joel S. Marcus, Chairman, CEO and Founder, Alexandria Real Estate Equities, Inc.; David J. Neithercut, President and CEO, Equity Residential; Michael J. Schall, President and CEO, Essex Property Trust; Doyle R. Simons, President and CEO, Weyerhaeuser; A. William Stein, CEO, Digital Realty; James D. Taiclet, Jr., Chairman, President and CEO, American Tower Corporation; and Robert S. Taubman, Chairman, President and CEO, Taubman Centers, Inc.

NAREIT also announced the members of its 2017 Advisory Board of Governors, who are selected by the Executive Board: Andrew M. Alexander, President and CEO, Weingarten Realty Investors; Thomas F. August, President and CEO, DDR Corp.; Albert P. Behler, Chairman, CEO and President, Paramount Group, Inc.; H. Eric Bolton, Jr., Chairman and CEO, MAA; Byron L. Boston, CEO, President and Co-CIO, Dynex Capital, Inc.; Jon E. Bortz, Chairman and CEO, Pebblebrook Hotel Trust; Jay A. Brown, President and CEO, Crown Castle International Corp.; Richard J. Campo, Chairman and CEO, Camden Property Trust; Randall L. Churchey, Chairman and CEO, EdR; James B. Connor, President and CEO, Duke Realty Corporation; Michael J. Covey, Chairman and CEO, Potlatch Corporation; Mark J. DeCesaris, CEO, W.P. Carey; Thomas J. DeRosa, CEO, Welltower, Inc.; Gordon F. DuGan, CEO, Gramercy Property Trust; Conor C. Flynn, President and CEO, Kimco Realty Corporation; William S. Gorin, CEO, MFA Financial, Inc.; Steven P. Grimes, President and CEO, RPAI; Philip L. Hawkins, President and CEO, DCT Industrial Trust, Inc.; Maria R. Hawthorne, President and CEO, PS Business Parks, Inc.; Kevin G. Keyes, President and CEO, Annaly Capital Management, Inc.; John B. Kilroy, Jr., Chairman, President and CEO; Kilroy Realty Corporation; Eugene W. Landy, Chairman, Monmouth Real Estate Investment Corporation; David J. LaRue, President and CEO, Forest City Enterprises, Inc.; Stephen D. Lebovitz, President and CEO, CBL and Associates Properties, Inc.; Raymond J. Lewis, CEO, Care Capital Properties, Inc.; Christopher P. Marr, President and CEO, CubeSmart L.P.; Richard K. Matros, Chairman and CEO, Sabra Health Care REIT, Inc.; William L. Meaney, President and CEO, Iron Mountain; E. Nelson Mills, Chairman and CEO, Columbia Property Trust; Marguerite Nader, President and CEO, Equity Lifestyle Properties, Inc.; Jeffrey S. Olson, Chairman and CEO, Urban Edge Properties; Scott D. Peters, Chairman, CEO and President, Healthcare Trust of America, Inc.; Sean E. Reilly, CEO, Lamar Advertising Company; David L. Rogers, CEO, Life Storage, Inc.; Glenn J. Rufrano, President and CEO, VEREIT, Inc.; Bruce J. Schanzer, President and CEO, Cedar Realty Trust, Inc.; Wendy L. Simpson, Chairman, President and CEO, LTC Properties, Inc.; David P. Singelyn, CEO and Trustee, American Homes 4 Rent; Stephen M. Smith, CEO and President, Equinix, Inc.; Gerard H. Sweeney, President and CEO, Brandywine Realty Trust; Amy L. Tait, Chairman, President and CEO, Broadstone Net Lease, Inc.; Steven B. Tanger, President and CEO, Tanger Factory Outlet Centers, Inc.; James M. Taylor, CEO and President, Brixmor Property Group, Inc.; John T. Thomas, President and CEO, Physicians Realty Trust; Thomas W. Toomey, President and CEO, UDR, Inc.; and Chad L. Williams, Chairman and CEO, QTS Realty Trust, Inc.

Serving on NAREIT’s 2017 Audit and Investment Committee are: Committee Chair Christopher P. Marr, President and CEO, CubeSmart L.P; Sean E. Reilly, CEO, Lamar Advertising Company; and Owen D. Thomas, CEO, Boston Properties, Inc., serving in an ex-officio capacity as NAREIT’s 2017 Treasurer.

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