A panel at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT pointed to the decline in U.S. homeownership rates as a major factor supporting growth in the single-family rental business and the multifamily housing sector.
Debra Cafaro, Keith Pauley Receive REIT Industry Awards
NAREIT presented its Industry Leadership and Industry Achievement Awards in Atlanta on Nov. 5 during REITWorld 2014: NAREIT’s Annual Convention for All Things REIT to Debra Cafaro and Keith Pauley, respectively.
The Edward H. Linde Leadership Award, named in recognition of Ed Linde, the late CEO of Boston Properties (NYSE: BXP), was awarded to Debra Carafo, chairman and CEO of health care REIT Ventas, Inc. (NYSE: VTR). The award is presented annually to a REIT executive who has made significant and lasting contributions to the growth and betterment of the industry.