CHICAGO--(BUSINESS WIRE)--Jul. 2, 2018--
Debra A. Cafaro, Chairman and Chief Executive Officer of Ventas, Inc.
(NYSE: VTR), has been elected Chair of The Real Estate Roundtable
(“RER”) for their fiscal year beginning July 1, 2018. The Real Estate
Roundtable, led by President and CEO Jeffrey D. DeBoer, brings together
leaders of the nation’s top real estate ownership, development, lending
and management firms to address key national policy issues relating to
real estate and the overall economy.
This press release features multimedia. View the full release here:
(L-R) Jeff DeBoer, President & CEO, The Real Estate Roundtable; Debra A Cafaro, Chairman & CEO, Ventas Inc., and newly-elected Chair of the The Real Estate Roundtable; and William C. Rudin, Co-Chairman and CEO, Rudin Management Company Inc., and outgoing Chair of The Real Estate Roundtable. (Photo: Business Wire)
Cafaro is the eighth Chair and first female to serve in the role since
the formation of the RER in 1997. Cafaro joins a list of outstanding
leaders who have represented the real estate industry as RER Chair,
including outgoing Chair William C. Rudin, Co-Chairman & CEO, Rudin
Management Company; Robert S. Taubman, Chairman, President & CEO,
Taubman Centers Inc.; Daniel M. Neidich, CEO, Dune Real Estate Partners
LP; Christopher J. Nassetta, President & CEO Hilton Worldwide; Robert J.
Lowe, Chairman, Lowe; Nelson C. Rising, Chairman & CEO, Rising Realty
Partners, LP; and Randall K. Rowe, Chairman & Founder, Green Courte
“The rich mosaic of real estate provides many positive contributions as
a job creator and cornerstone for retirement savings, and it is an honor
to represent an organization that stands as a respected voice of our
industry on Capitol Hill,” said Debra A. Cafaro. “I look forward to
proactively advancing policies that promote a healthy balance of capital
and people flows to create sustainable economic growth that is good for
our members, our industry and for our national economy.”
A recognized industry leader, Cafaro has driven Ventas’s market
capitalization to a high of $26 billion at its peak from $200 million
since her leadership began in 1999 with a compound annual total
shareholder return of 22 percent since January 1, 2000. Widely-acclaimed
for her strategic vision, Cafaro has received multiple professional
recognitions including being named as one of the World’s 100 Most
Powerful Women (Forbes Magazine), and a top 50 Best-Performing
CEOs in the World for four consecutive years (Harvard Business Review).
She is broadly engaged across business, public policy, academic, sports
and non-profit sectors. In addition to her participation in the RER, she
is a member of the Business Council and serves on the board of PNC
Financial Services Group Inc. (NYSE: PNC). She is an owner and member of
the Management Committee of the NHL Pittsburgh Penguins.
“We appreciate Bill Rudin’s outstanding service to our industry and
welcome Debra Cafaro as Chair of The Real Estate Roundtable,” said Jeff
DeBoer. “We look forward to working together as a bipartisan voice in
Washington advancing pro-growth, fact-based policies for the real estate
industry and the economy.”
Ventas, Inc., an S&P 500 company, is a leading real estate investment
trust. Its diverse portfolio of more than 1,200 assets in the United
States, Canada and the United Kingdom consists of seniors housing
communities, medical office buildings, life science and innovation
centers, inpatient rehabilitation and long-term acute care facilities,
health systems and skilled nursing facilities. Through its Lillibridge
subsidiary, Ventas provides management, leasing, marketing, facility
development and advisory services to highly rated hospitals and health
systems throughout the United States. References to “Ventas” or the
“Company” mean Ventas, Inc. and its consolidated subsidiaries unless
otherwise expressly noted. More information about Ventas and Lillibridge
can be found at www.ventasreit.com and www.lillibridge.com.
The Real Estate Roundtable is a public policy organization that
represents the interests of the real estate industry in Washington DC.
Further information can be found on the organizations website at www.rer.org.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180702005152/en/
Source: Ventas, Inc.
Vice President Marketing &