She will be assuming leadership of the association as it isnavigating issues integral to commercial real estate and, ofcourse, REITs. For example, in August, NAREIT submitted a letter tothe IRS and Treasury Department requesting guidance on distresseddebt regulations. It has also been active in FASB's and the IASB'sproposal of multiple lease accounting methods, submitting commentson this in September.

NAREIT also announced that its first vice chair for 2010 isBryce Blair, chairman and CEO of AvalonBay; its second vice chairis Donald C. Wood, president and CEO of Federal Realty InvestmentTrust; and treasurer is W. Edward Walter, president and CEO, HostHotels & Resorts.

Also serving on the executive committee in 2010 will be RichardB. Clark, president and CEO, Brookfield Properties; Michael D.Fascitelli, president and CEO of Vornado Realty Trust; William P.Hankowsky, chairman, president and CEO, Liberty Property Trust;Ronald L. Havner, Jr., vice chairman, president and CEO, PublicStorage; Edward H. Linde, CEO, Boston Properties; Peter S. Lowy,joint-CEO, the Westfield Group; Constance B. Moore, president andCEO of BRE Properties; David J. Neithercut, president and CEO,Equity Residential; Walter C. Rakowich, CEO of ProLogis; Martin E.Stein, Jr., chairman and CEO, Regency Centers; and Jay Sugarman,chairman and CEO, iStar Financial.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.