- The Real Estate Roundtable
The Real Estate Roundtable is a
non-profit public policy organization in Washington, D.C. that works on public policy issues affecting the real estate industry. The Roundtable's policy issue focus includes specific issues such astaxation ofcarried interests andterrorism insurance , along with issues in the areas ofcapital and credit, environment andenergy ,homeland security andtax policy .The Roundtable is involved in working on
public policy issues on behalf of the commercial real estate industry. Additionally, the organization should not be confused with [http://www.realestateroundtable.org The Real Estate Roundtable of San Francisco] or the [http://www.cba.uc.edu/getreal/roundtable/whatis.html UC Real Estate Roundtable Program] .Membership
According to The Roundtable's Annual Report,
The Real Estate Roundtable brings together leaders of the nation's privately owned and publicly held real estate owenship, development, lending and management firms with the leaders of national real estate
trade associations to ensure a cohesive industry voice is heard by government officials and the public about real estate and its important role in the global economy. Collectively, Roundtable members hold portfolios containing over 5 billion square feet of developed property valued at nearly $700 billion. Participating trade associations represent more than 1 million people involved in virtually every aspect of the real estate business.They are also partnered with several national real estate trade organizations, including:
Association of Foreign Investors in Real Estate The Association of Foreign Investors in Real Estate (AFIRE) is the only not-for-profit association for the foreign real estate investment community. AFIRE members have a common interest in advocating and promoting international real estate investments. Since 1988, AFIRE has provided an opportunity for the foreign investor in the United States to become as knowledgeable as US domestic investors. Through an exclusive membership of international investors from 17 countries AFIRE members become a distinctive part of a global investing network. The Association is governed solely by non-US investor institutions through their designated delegates and managed by a full-time staff in Washington, DC.
American Hotel and Lodging Association The Real Estate RoundtableAH&LA is a 94-year-old dual membership association of state and city partner lodging associations throughout the United States with some 10,000 property members nationwide, representing more than 1.4 million guest rooms. Headquartered in Washington, D.C., it provides members with advocacy on Capitol Hill, public relations and image management, education, research and information, and other services to ensure a positive business climate for the U.S. lodging industry. Individual state associations provide representation at the state level and offer many additional cost-saving benefits.
American Resort Development Association
The American Resort Development Association (ARDA) is the Washington, D.C.-based trade association representing the vacation ownership and resort development industries.
Owners & Managers Association International BOMA International was founded in 1907 as the National Association of Building Owners and Managers. The association assumed its present name in 1968 as it broadened its reach to include Canada and other affiliates around the globe. BOMA International is a primary source of information on office building development, leasing, building operating costs, energy consumption patterns, local and national building codes, legislation, occupancy statistics and technological developments. Throughout BOMA International's long history, its goal has always focused on actively and responsibly representing and promoting the interests of the commercial real estate industry through effective leadership and advocacy, through the collection, analysis and dissemination of information, and through professional development.
Commercial Mortgage Securities Association Headquartered in New York’s financial district, the Commercial Mortgage Securities Association (CMSA) is an international trade organization dedicated to fostering the continued growth, liquidity and efficiency of the commercial real estate mortgage capital markets. Founded in 1994, CMSA’s membership has expanded to more than 280 member firms, representing most of the nation’s leading CMBS originators, issuers, investors and service providers, including the largest money-center banks, investment banks, insurance companies, money managers, specialty finance companies, loan servicers and rating agencies. CMSA also publishes CMBS World, the only magazine solely-dedicated to CMBS.
International Council of Shopping Centers Founded in 1957, the International Council of Shopping Centers (ICSC) is the global trade association of the retail real estate industry. Its 60,000 members in the U.S., Canada and more than 100 other countries include shopping center owners, developers, managers, marketing specialists, investors, lenders, retailers and other professionals as well as academics and public officials. As the global industry trade association, ICSC links with more than 20 national and regional shopping center councils throughout the world. The principle aims of ICSC are to advance the development of the retail real estate industry and to establish the individual shopping center as a major institution in the community.
Mortgage Bankers Association The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 500,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 3,000 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field.
National Apartment Association (NAA) The National Apartment Association (NAA) is America's advocate for quality rental housing. NAA's mission is to serve the interests of multifamily housing owners, managers, developers and suppliers and maintain a high level of professionalism in the multifamily housing industry to better serve the rental housing needs of the public. NAA is a federation of 192 state and local affiliates, composed of more than 51,000 multifamily housing companies representing more than 6.1 million apartment homes throughout the United States and Canada. NAA, through a joint legislative alliance with the National Multi Housing Council, monitors legislation and regulations in all 50 states and shares that information with local and state affiliate staff.
National Association of Home Builders NAHB is a Washington, D.C.-based trade association whose mission is to enhance the climate for housing and the building industry. About one-third of NAHB’s 220,000 members are home builders and/or remodelers. The remaining members are associates working in closely related fields within the housing industry, such as mortgage finance and building products and services. NAHB analyzes policy issues, takes the industry's story to the public, monitors and works toward improving the housing finance system, and analyzes and forecasts economic trends.
National Association of Industrial and Office Properties The nation’s leading trade association for developers, owners, investors and other professionals, NAIOP serves the real estate community involved in industrial, office and mixed-use commercial. NAIOP was founded four decades ago and consists of 17,000+ members in 53 North American chapters. The organization provides networking opportunities, educational programs, research on
real estate trends and innovations and strong legislative representation.National Association of Real Estate Investment Managers The National Association of Real Estate Managers was founded in 1990 to provide the means for its members to meet in a non-competitive environment and have a candid dialogue on the challenges and opportunities in our industry on a timely basis. This is primarily accomplished through NAREIM's Discussion Forums, which focus on operational and strategic issues and provide exposure to a variety of viewpoints from Senior Level Officers who have responsibility for particular disciplines. NAREIM's programs are highly interactive and highlight key issues on which strategic thinking is currently being examined.
National Association of Real Estate Investment Trusts The National Association of Real Estate Investment Trusts (NAREIT) is the representative voice for U.S. REITs and publicly traded real estate companies worldwide. Members are real estate investment trusts (REITs) and other businesses that own, operate and finance income-producing real estate, as well as those firms and individuals who advise, study and service those businesses. Visit our Web site at REIT.com. [http://www.reit.com/]
National Association of Realtors The National Association of Realtors is America's largest trade association, representing over 1.3 million members involved in all aspects of the residential and commercial real estate industries.
National Multi Housing Council The NMHC represents one of the nation’s leading apartment firms. NMHC members are the principal officers of the largest apartment owners, managers, developers, and lenders.
Pension Real Estate Association PREA's mission is to serve its members engaged in institutional real estate investment through the sponsorship of objective forums for education, research initiatives, membership interaction and the exchange of information. We serve and educate our members in the global institutional real estate investment community regarding real estate investments.
The Urban Land Institute the Urban Land Institute is a community of practice for those engaged in the entrepreneurial and collaborative process of real estate development and land use policy-making. Founded in 1936, ULI now has 17,000 members working in the public and private sectors, a staff of 100 in Washington, D.C., and a $27 million operating budget. ULI members are the people that plan, develop and redevelop neighborhoods, business districts and communities across the U.S. and around the world—experts from 13 different product sectors and 26 disciplines, working in private enterprise and public service.
Board of Directors and Staff
Leadership
In addition to a
board of directors , The Roundtable has several policy committees. Their leadership and committee members are drawn from their membership. For 2007-2008, their leadership and committees are:Officers
Chairman:
Christopher J. Nassetta ,President and CEO, Host Hotels & Resorts, Inc. (Bethesda, MD)President and CEO:
Jeffrey D. DeBoer ,The Real Estate Roundtable (Washington, DC)Secretary:
Daniel M. Neidich , Chairman and Co-CEO, Dune Capital Management, L.P. (New York)Treasurer:
Penny Pritzker ,President, Pritzker Realty Group, L.P. (Chicago)Immediate Past ChairmanEx-Officio Member:
Robert J. Lowe ,Chairman and CEO, Lowe Enterprises, Inc. (Los Angeles)Board of Directors
*
Lee Cotton ,President-Elect, Commercial Mortgage Securities Association (CMSA) --Vice Chairman, Centerline Capital Group (New York)
*John C. Cushman III ,Chairman, Cushman & Wakefield, Inc. (New York)*
Jon Fredricks ,Chairman, American Resort Development Association (ARDA) --President, The Welk Resort Group (San Diego, CA)*
Quintin E. Primo III ,CEO, Capri Capital (Chicago)*
Scott Rechler ,Chairman & CEO, RexCorp Realty LLC (Uniondale, NY)*
William C. Rudin ,President, Rudin Management Company, Inc. (New York)*
Peter S. Rummell ,Chairman and CEO, The St. Joe Company (Jacksonville, FL)*
Richard Saltzman ,President, Colony Capital (Los Angeles)*
Jeffrey Schwartz ,Chairman and CEO, ProLogis (Denver)*
Douglas W. Shorenstein ,Chairman and CEO, Shorenstein Company LLC (San Francisco)*
Thomas M. Stevens ,Immediate Past-President, National Association of Realtors (NAR) --Senior Vice President, Business Development, NRT, Inc (Parsippany, NJ)*
Robert S. Taubman ,Chairman, President and CEO, Taubman Centers, Inc. (Bloomfield Hills, MI)*
Rene Trembly ,Chairman, International Council of Shopping Centers (ICSC)--President & CEO, Ivanhoe Cambridge, Inc. (Montreal, Canada)*
Brenna S. Walraven Chairman, Building Owners' Management Association, International (BOMA) --Executive Director, USAA Real Estate Company (San Antonio, TX)Committees
The Real Estate Roundtable also appointed the following members to leadership positions:
Environment and Energy Policy Advisory Committee (EPAC)
Co-Chairmen: Dan A. Emmett, CEO, Douglas Emmett and Company (Santa Monica, CA) and T. Patrick Duncan, President and CEO, USAA Real Estate Company (San Antonio, TX)
Vice Chairman: George Caraghiaur, Vice President of Energy Services, Simon Property Group (Indianapolis)
Real Estate Capital Policy Advisory Committee (RECPAC)
Co-Chairman: Stuart M. Rothenberg, Managing Director, Goldman, Sachs & Co. (New York) and Bruce R. Cohen, CEO, Wrightwood Capital (Chicago)
Vice Chairman: Michael Katz, Senior Executive Vice President, Sterling Equities (New York)
Research Committee
Chairman: Thomas Garbutt, Managing Director, TIAA (New York)Vice Chairman: William S. Buchanan, Sr., Founder, E2M Partners (Dallas)
Tax Policy Advisory Committee (TPAC)
Chairman: Frank G. Creamer, Jr., Executive Vice President, MMA Realty Capital, Inc. (New York)Vice Chairman: Blake D. Rubin, Partner, Arnold & Porter (Washington, DC)
=Homeland Security Task Force= (HSTF)Co-Chairman: William J. Shaw, President and COO, Marriott International, Inc. (Washington, DC) and William C. Rudin, President, Rudin Management Company (New York)
Vice Chairman: Robert Speyer, Senior Managing Director,
Tishman Speyer (New York)taff
The current staff include:
* Jeff DeBoer, President and CEO
* Stephen M. Renna, Sr. Vice President and Counsel
* Roger Platt, Sr. Vice President and Counsel
* Clifton E. (Chip) Rodgers, Jr., Sr. Vice President
* Xenia Jowyk, Director of Public Affairs
* Scott Sherwood, Director of Public Affairs
* Nancy Pitcher, Director of Administration
* Elizabeth H. Karch, Systems Administrator
* Michelle M. Reid, Executive Assistant and Meeting Director
* Rebecca Doll, Staff Assistant
Agenda
The Real Estate Roundtable's policy agenda for 2007-2008 includes:
* Advancing reliable policy on
capital gains ,carried interests ,leasehold improvements ,brownfields cleanup cost expensing, and other tax policy issues;* Developing a long-term, public-private solution on
terrorism insurance ;* Ensuring that any federal action regarding local governments'
eminent domain powers is equitable and balanced;* Ensuring that bank lending to
commercial real estate is not inadvertently discouraged by overzealous regulatory oversight;Publications
Roundtable Weekly
[ [http://www.rer.org/roundtable Home - Real Estate Roundtable ] ] Roundtable Weekly is a weekly policy news digest posted online every Friday evening. Its primary focus is policy news affecting the real estate industry. It informs members of relevant actions taken by policy-makers and the Roundtable. Roundtable Weekly also serves to inform members of upcoming events, take surveys and perform other two-way communications.
Policy Agenda
The Real Estate Roundtable publishes an [ [http://www.rer.org/politicalaction/index.cfm Home - Real Estate Roundtable ] ] annual policy agenda to inform the industry, policymakers and the public about public policy issues affecting real estate and the economy.
Annual Reports
The Roundtable presents a summary of the years issues, events and actions undertaken to accomplish its policy agena.
Real Estate Forum Magazine
CEO and President Jeff DeBoer wrote a [ [http://www.reforum.com/rer/ Washington Insider ] ] bimonthly column on issues pertaining to the commercial real estate industry. The final column was published in March 2007.
Real Estate Industry Research
While the Roundtable must undertake quite a bit of original research to fulfill their mission of influencing
public policy they also partner with their members and several other interested parties to collect and present information on the real estate industry.According to their website, their research committee is currently working with the following organizations: [ [http://www.rer.org Home - Real Estate Roundtable ] ]
Universities
Columbia Business School Real Estate Publications & Research MIT’s Center for Real Estate The Center for Real Estate (CRE) is a focal point for real estate education and research at the Massachusetts Institute of Technology. Since it was established in 1983, MIT has awarded the Master's degree in Real Estate Development to almost 600 graduates of the program, ten percent of whom also received joint degrees from associated departments at MIT. The one-year program was the first of its kind and has served as a model for graduate degree programs at other universities both in the U.S. and abroad The Center has also supported the work of more than a dozen doctoral students concentrating in real estate. It sponsors non-partisan research by its distinguished faculty on critical issues in real estate. This research is essential to promoting new knowledge, advancing teaching techniques, and bridging the gap between theory and practice. [ [http://web.mit.edu/cre/research/index.html MIT CRE : Research and Publications ] ]
The Wisconsin Center for Urban Land Economics Research The Center for Urban Land Economics Research (CULER) has long been an important component of the Program in Real Estate and Urban Land Economics at the University of Wisconsin - Madison. The Center encourages research, education, and service activity relating to the real estate and urban land economics discipline. [ [http://www.bus.wisc.edu/wcre/ Get an MBA in Real Estate from the University of Wisconsin-Madison ] ] [ [http://groups.haas.berkeley.edu/realestate/ Haas School: Real Estate ] ]
Fisher Center for Real Estate and Urban Economics (Berkely) The Haas School of Business at the University of California, Berkley offers research on areas including: Housing Markets, Nonresidential Real Estate, The Internet, E-Commerce and Real Estate, Financial Instruments and Financial Institutions. Information is offered in college/professor paper format.
USC Lusk Center for Real Estate The University of Southern California’s Lusk Center publishes real estate research briefs on an approximate monthly schedule over the course of the academic year. The Briefs provide condensed presentation of USC scholarly research in real estate and are oriented to the professional, academic, and policy communities. Individual copies of recent Real Estate Briefs are available in printed form on this website.
[ [http://www.usc.edu/schools/sppd/research/centers/lusk.html SPPD - Research: Research Centers: Lusk Center for Real Estate ] ]
Other Institutions
Cushman & Wakefield Cushman & Wakefield is a global real estate services firm that publishes worldwide market research studies and reports.
[ [http://www.ncreif.org Welcome to NCREIF ] ]
National Council of Real Estate Investment Fiduciaries [ [http://www.ppr.info/about/research.html PPR - Research Papers ] ]
Property & Portfolio Research Property & Portfolio Research (PPR) provides independent real estate research and portfolio strategy services to participants in the institutional real estate community.
There is a cost for research information services that include: Fundamentals, PPR/Dodge Pipeline, CMBS Service, REIT Service and National Real Estate Index.
[ [http://www.reri.org/research/ RERI Research ] ]
Real Estate Research Institute The Real Estate Research Institute (RERI) is a non-profit organization created to stimulate high quality research on real estate investment performance and market fundamentals that will elevate the quality of real estate decision making. RERI has a long tradition of providing support for quality research within the field of real estate. RERI has funded over $1 million of real estate research under the direction of some of the world's leading real estate academics and practitioners.
[ [http://www.reis.com/tour/index.cfm Reis.com: Commercial Real Estate Performance Information And Analysis ] ]
REIS Reis publishes reliable, objective data on individual properties and multiple submarkets and metros across the four principal property types in 80 U.S. metropolitan areas. The Reis Reports, Inc. was founded in 1980 to promote the use of real estate market research services among institutional owners.
[ [http://www.sitenet.com/ SiteNet Online ] ]
SITENET.com Sitenet.com contains corporate real estate and economic development information. Search by state and county for key area demographics. Links to other area economic development sites, incentives, area profiles and Site Selection Online Magazine.
[ [http://www.twr.com/default.aspx?_title=PublicHome Torto Wheaton Research ] ]
Torto Wheaton Research Torto Wheaton Research (TWR) provides commercial real estate data, analysis and consulting. TWR tracks and forecasts commercial real estate supply and demand indicators on a quarterly basis.
External links
* [http://www.rer.org/ The Real Estate Roundtable]
References
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