NAREIM DIALOGUES SPRING 2017
1
2
A NIM A L SPIR ITS
& PUNCTUATED
EQUILIBR IUM
By Matthew H. Lynch
4
SIX TRENDS DR IV ING
SUSTA INA BILIT Y
By Billy Grayson
8
LEA DING BY EX A MPLE
By Jon Powers, Kevin Johnson
12
SUSTA INA BILIT Y
By Billy Grayson
16
THE DATA PROBLEM
IN REA L ESTATE
By John D'Angelo
Contents
SPRING 2017
26
12
30
> To register for these meetings,
go to www.nareim.org
2017 MEETING SCHEDULE
4
MAY 03
CHICAGO
A&I:
ACCOUNTING &
INFORMATION
MEETING
MAY 10
CHICAGO
20/20 INVESTOR
SUMMIT
AUGUST 01
CHICAGO
HR: HUMAN
RESOURCES
OCTOBER 11
CHICAGO
EO: EXECUTIVE
OFFICERS
FALL MEETING
OCTOBER 24
DENVER
A&E:
ARCHITECTURE
& ENGINEERING
SEPTEMBER TBD
NEW YORK
UNIVERSITY
JOB FAIR
NOVEMBER 07
DENVER
L&C: LEGAL &
COMPLIANCE
DECEMBER 06
CHICAGO
C&I: CAPITAL
RAISING &
INVESTOR
RELATIONS
NAREIM Board of Directors
Peter DiCorpo,
Waypoint Residential
Amy Price,
Bentall Kennedy
Paul Michaels,
Invesco Real Estate
Patricia Gibson,
Hunt Realty Investments, Inc.
Stanley Alterman,
USAA Real Estate Company
Kevin R. Smith,
Prudential Real Estate Investors
Christopher Merrill,
Harrison Street Real Estate Capital
Jason Kern,
LaSalle Investment Management
Ryan Krauch,
Mesa West Capital
Kathryn Campbell,
MetLife Real Estate Investors
Scott Brown,
Barings Real Estate Advisers
President
Gunnar Branson
Meeting Manager
Sally Van Der Bosch
Dialogues Editor
Andrew Pandaleon
Design & Production
Campbell Symons Design
Photography
Tony Reynes, Northshore Digital Photography
Contact NAREIM at:
410 North Michigan Avenue
Chicago, Illinois 60611
312.884.5180
www.nareim.org
20
INFOR M ATION TR A NSPA RENCY
By Joe Vellanikaran
22
PORTFOLIO DATA
THE WAY YOU WA NT IT
By Alan James
26
SUCCESSION FOR
THE REST OF US
By Matt Slepin, Mary McCarthy
28
PR ICING DISCOUNTS
By Tony Liou
30
HAS RETA IL BECOME MORE
R ISKY FOR IN VESTORS?
By Jennifer McConkey, Kim L . DiPietro