2012 NMHC Annual Report

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LEADERSHIP p.3 • ADVOCACY p.5 • FINANCE p.6 • RESEARCH p.9 • CALIBER p.10 • PAC p.13 CONNECTIONS p.14 • AWARENESS p.17 • LEARNING p.18 • BUSINESS p.21 • LEGACY p.23 • GIVING p.24 STATEMENTS OF FINANCIAL POSITION p.26 • NMHC LEADERSHIP p.28 EXECUTIVE COMMITTEE p.31 • BOARD OF DIRECTORS p.34 • 2012 NEW NMHC MEMBERS p.42 2012 NMHC SPONSORS p.45 • NMHC STAFF p.46 • UPCOMING NMHC MEETINGS p.48



Quality industry leadership provides vision and a strategic path for NMHC in 2012.

NMHC’s key strength has historically been the quality of its leadership. Selected from a virtual who’s who of the apartment industry, our organization’s officers and committee leaders represent experience and success in the industry. Just as their personal management philosophies and drive have shepherded their individual companies to achievement, their collective vision and passion have put NMHC on a strategic path for the future. The end goal is simple: to be even more effective in servicing the needs of its diverse and demanding membership while nurturing a culture of listening, learning, inspiring and ultimately empowering stakeholders to find proactive and creative solutions to the industry’s biggest hurdles. Under the direction of Chairman Tom Bozzuto, CEO and Chairman of The Bozzuto Group, NMHC’s leadership team helped the organization take significant strides forward toward LEADER TO LEADER.

delivering on that promise in 2012. NMHC invested in a number of new initiatives related

NMHC Chairman Tom Bozzuto

to advocacy, education, public relations and research—all to raise awareness of the

interviews former President

strength of the apartment industry and the benefits of the housing choice our members

George W. Bush about strategic leadership during

provide for 35 million Americans. And it’s working. NMHC’s profile among key policymakers, regulators, business leaders,

challenging and uncertain

industry peers and other influencers is on the rise thanks to the combined dedication of

times as part of NMHC’s 2012

our leadership team, staff, members and supporters. How are we doing it? Read on to

Annual Meeting.

learn about the key things NMHC did in 2012 that made a difference.

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NMHC works to keep the apartment industry’s issues at the top of policymakers’ agendas.

As 2012 came to a close, the nation’s toes were hanging off the so-called “fiscal cliff.” Across-the-board budget cuts were on a year-end collision course with the expiration of a number of key tax provisions. The ugly consequence was looking like not only spikes in taxes for nearly everyone—from families to many apartment business owners—but also a possible economic backslide. Like the rest of the nation, the apartment industry was at the edge of its seat to see how Congress would address the looming fiscal cliff—or if it would even be able to come to any solution before the critical December deadline. In the end, Congress avoided the fiscal cliff with an 11th-hour tax deal, although gridlock triggered the across-the-board budget CONGRESSIONAL OUTREACH. NMHC Vice Chairman Daryl

cuts known as the sequester just three months later. The year-end scramble and the reality of the sequester are testament to a polarized Congress often at odds with the Obama Administration and the difficulty of moving any

Carter greets Sen. John Thune

legislation forward in that environment. Despite these challenges, NMHC’s government

(R-S.D.), a member of the

affairs team, headed by Senior Vice President Cindy Chetti, achieved more than a dozen

Senate Finance Committee,

legislative, regulatory and judicial accomplishments related to taxes, insurance, operations

at a government affairs

and energy efficiency, among other areas of business.

luncheon during NMHC’s fall business meeting. Attendees

Topping the list of accomplishments was work to streamline FHA’s mortgage application process, which helped reduce the application backlog by 80 percent in 2012, and secure a

met with more than a dozen

five-year extension of the National Flood Insurance Program. In addition, NMHC protected

House and Senate members

the interests of the apartment industry on a variety of compliance issues related to the

during the three-day event.

Section 8 voucher program; pool safety and accessibility; and green building.

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NMHC takes a thought leadership role in the debate over housing finance reform.

While many factors influence the apartment industry’s health and ability to meet the nation’s growing demand for rental housing, the availability of consistently reliable and competitively priced capital is perhaps the most essential. For that reason, NMHC remains aggressively involved in legislative and regulatory issues affecting liquidity in the market. The bursting of the housing bubble exposed serious flaws in our nation’s housing finance system. As the private capital markets retreated, government-backed financing programs, such as those in place at the Federal Housing Administration (FHA), Fannie Mae and Freddie Mac, provided a critical backstop that prevented the apartment sector from collapsing. However, much of the discipline inherent in these organizations’ multifamily programs was missing from their single-family housing finance programs and, FUTURE OF FINANCING. In June, NMHC testified

in the case of Fannie and Freddie, ultimately brought these government-sponsored enterprises (GSEs) to the brink of failure. Consequently, there has been much discussion about reforming, and possibly eliminating, them.

before a House Financial Services subcommittee on

NMHC continues to educate policymakers about the need to ensure sufficient capital is

the role of FHA financing

available for rental housing in all markets and at all times.

in the marketplace. NMHC also published a white paper in late 2012 outlining the key principles that should guide

In June, Rick Mostyn, COO of The Bozzuto Group, testified on behalf of NMHC in support of FHA’s multifamily programs as part of a House Committee on Financial Services housing subcommittee hearing. Then, in December, NMHC published a white paper outlining the key principles for preserving liquidity and stability for the multifamily industry in a

housing finance reform and

reformed housing finance system. The paper has proved to be an effective educational

ensure continued liquidity

tool, providing much-needed direction for lawmakers involved in deciding the future of

for the multifamily sector.

the GSEs.

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Definitive data and analysis provide members with critical industry information and insight.

The apartment industry was firing on all cylinders in 2012. The number of renter households increased for the eighth straight year, and new apartment construction began to rebound in earnest. But the need for apartments is greater still. An increasing population, a large number of young people entering the housing market and the continuing growth in singleparent and single-person households all underscore the need for apartments. Up to half of all new households created this decade—upward of seven million households—could be renters. Given the need and opportunity in the apartment market, NMHC’s research team has focused on providing proprietary analysis of industry conditions and filling critical inforAPARTMENTS BY THE NUMBERS.

mation voids. In 2012, the NMHC research team provided members with quarterly analysis of industry

NMHC Vice President

performance trends and apartment market conditions as well as deeper investigation

of Research and Chief

into topics of special interest to industry executives with the production of three online

Economist Mark Obrinsky

publications—Market Trends, Research Notes and the NMHC Quarterly Survey of Market

(left) participates in a panel

Apartment Conditions.

discussion of apartment market conditions with Ron

Special topics explored included how much new apartment construction is needed, the strength of the sector’s recovery, the geography of new multifamily construction and an

Witten of Witten Advisors

analysis of the for-sale housing bust. However, NMHC’s most popular research project

during NMHC’s Spring Board

remains the annual NMHC 50, which provides a ranking of the industry’s top 50 apartment

of Directors Meeting.

owners and managers.

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NMHC members are key decision-makers at the nation’s largest apartment firms.

NMHC continues to represent the interests of the largest and most prominent apartment firms in the nation. These firms are engaged in all aspects of the apartment industry, including ownership, development, management, financing and related services, and account for a sizable share of the overall apartment market. In fact, according to the 2012 NMHC 50, our annual ranking of top industry firms, our 50 biggest apartment owners and apartment management firms controlled 3.0 million units and 2.8 million units, respectively. Similarly, our core individual members typically are the principal officers at these large, well-known firms. These people embody not only experience and success in the industry but also sophistication and vision—characteristics that have helped shape the NMHC THE TOP BLOCK.

brand and reputation in the industry over the years.

The high quality of

In 2012, led by Senior Vice President of Membership, Meetings and Marketing Julie

executive membership

Stalknecht, NMHC conducted an extensive, 700-member survey to gain insight into

from the industry’s premier

what our members most valued about NMHC and also identify new opportunity areas

firms continues to drive

for creating additional membership benefits.

NMHC’s reputation as the leading industry association.

The key takeaway was that the high quality of executive membership drives NMHC’s reputation as the premier apartment organization. By being a part of the NMHC

Pictured: Equity Residential

community, executives said they could access the industry’s true thought leaders; share

Chief Investment Officer

critical knowledge and information; and stay on top of industry, legislative and regulatory

Alan George.

trends—all things that made them smarter, more strategic, and ultimately more successful.

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Capitol Hill takes notice of NMHC’s fast-growing political action committee (PAC).

With leadership from NMHC PAC Chairman David Neithercut, CEO of Equity Residential, and the 2012 PAC Committee, NMHC PAC was the third largest real estate PAC this past election cycle, according to the Center for Responsive Politics. In 2012, 1,816 employees from 149 NMHC member firms and NMHC staff contributed $1,142,724 to NMHC PAC and the Smarter Living Fund. In 2011, the year-end total for NMHC PAC fundraising was $863,056 from 1,437 employees of NMHC member firms and NMHC staff. NMHC PAC contributed $1,367,860 to 167 congressional campaigns and 117 leadership PACs and party committees this past year. Many of these funds were spent at real estateMILLION DOLLAR BABY.

specific events co-hosted by NMHC PAC, allowing NMHC’s government affairs team to solidify relationships with the key lawmakers receiving our PAC dollars.

NMHC President Doug Bibby introduces Sen. Mark Warner

As part of our efforts to develop a robust communications program, NMHC PAC also

(D-Va.) to members during a

offered a monthly email series and quarterly conference calls. Members of Congress,

Fall Board of Directors Meeting

including Congressman David Schweikert (R-Az.) and Senator Jack Reed (D-R.I.), joined

event. Nearly 150 member

the July conference call and spoke at NMHC’s PAC Breakfast during the Fall Board of

firms contributed to NMHC PAC in 2012, raising more

Directors meeting, respectively. Our increased political presence has been noticed not just on Capitol Hill, but in the

than $1 million to support

media as well. CEO Update, the source for trade association news and executive careers,

congressional leaders during

recognized NMHC PAC in a November article highlighting our rapid growth over the last

the November elections.

two-year election cycle.

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Members take advantage of expanded opportunities to network with industry peers.

The most highly touted benefit of NMHC membership is the exclusive networking opportunity we provide. In fact, according to a recent needs assessment survey of our members, networking and networking-related activities are three out of the four top reasons executives elect to join NMHC. Moreover, 70 percent of respondents said that NMHC-sponsored networking has directly benefitted their companies. That’s why NMHC continues to look for new ways to bring our members together during meetings and events. We know our educational programming allows members to learn in a more formalized setting, but we also recognize that some of the best information exchange happens more organically, oftentimes over a simple cup of coffee or casual lunch. In 2012, we continued the tradition of incorporating organized networking events into our meeting and conference agendas. Special owner-developer-manager, or “ODM-only,” roundtables were held at the NMHC OpTech conference as well as discipline-focused meetings with the industry’s leading marketing, information technology, research and MEET AND GREET. Prudential Multifamily

human resources executives. We also created additional private meeting space for PAC donors and sponsors to help facilitate business meetings and transactions during the course of our events.

Mortgage’s Brian Salyards trades business cards

However, one of the most exciting networking developments in 2012 was the creation

with Fannie Mae’s Michele

of a formal committee structure, which fosters greater member involvement and direction.

Evans during a program break at NMHC’s September

NMHC now has 13 committees dedicated to tackling major topic areas, such as finance, property operations, student housing and research, as well as a number of highly focused subcommittees to address more specific business issues within those broader areas. In

business meetings. Quality

addition, NMHC also created the Supplier Partner Alliance to foster more involvement

networking is a prime NMHC

with the industry’s trade partners. These groups will help better focus our initiatives,

member benefit.

facilitate more valuable connections and provide additional industry resources.

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NMHC lays the groundwork for a large-scale, multimedia public relations campaign in 2013.

The key to successful advocacy and public relations efforts is ensuring policymakers understand how important apartments are to the economy, local communities and the 35 million Americans who call them home. Under the direction of Senior Vice President of Public Affairs and Industry Initiatives Kim Duty, NMHC built positive industry awareness through the publication of a new brochure that shows apartments as the building blocks of local economies, smart communities and today’s modern lifestyles. But that was just a down payment on a much more comprehensive, multimedia campaign that will go live in 2013. A main component of the campaign is a landmark economic impact report by Dr. TODAY’S NEW

Stephen S. Fuller, a professor at George Mason University, which quantifies the economic contribution of the apartment industry and its residents.

HOUSING CONSUMER. As part of ongoing public

The real centerpiece of the campaign, however, will be a new industry website—

relations efforts, NMHC

www.WeAreApartments.org. This highly interactive website will educate users about

developed a new brochure in

all facets of the industry in a fun and engaging format. In addition, the site will boast

2012 that features real stories from residents like this young

several new tools sure to enhance any advocacy effort. The first is an interactive map that will let users access detailed information on the economic

professional from Houston,

impact apartments have by state or select metro area. The second tool is an online calculator

who values the flexibility

that will tally the economic impact of an existing community or new community under

apartment living offers.

construction based on the number of units in the community and location.

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Record numbers of industry executives attend NMHC meetings and events in 2012.

NMHC meetings and events have long had the reputation as the place to be to meet the industry’s movers and shakers. However, they also have become the go-to place to stay on top of industry trends, access critical economic and sector research and hear from leading experts. A record number of industry executives registered for NMHC’s eight major meetings and conferences in 2012. NMHC’s Annual Meeting and Apartment Strategies Outlook Conference, held in January in Boca Raton, Fla., continued to be our largest co-located event, attracting the who’s who in the business. Attendees heard from more than 50 business leaders and innovative thinkers, including former Hilton Hotels Corp. CEO Stephen Bollenbach and former President George W. Bush. While NMHC’s Annual Meeting continues to be a best-in-class event, our special-focus LISTEN AND LEARN.

events are growing ever faster. The 2012 NMHC Research Forum and Human Resources Forum, held in March in Chicago, were again successes this year. NMHC’s Student

MAA CEO Eric Bolton (left)

Housing Conference & Exposition also celebrated its 10th anniversary in 2012 with

listens to Vince Toye, a

record attendance.

managing director with Wells Fargo Multifamily, during a roundtable discussion at NMHC’s

This year’s Apartment Operations and Technology (OpTech) Conference & Exposition in Dallas brought together more than 1,000 apartment technology, operations and management executives. In addition to checking out new technology-related products and services, including the four finalists from the inaugural Launch Pad technology

spring business meeting,

innovation competition, attendees took advantage of diverse programming and exclusive

one of NMHC’s eight major

roundtables to get insight and answers to some of the biggest operational questions facing

annual events.

apartment firms today.

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NMHC steps up focus on operational issues like technology, sustainability and resource management.

NMHC has arguably been best known for its advocacy efforts, but lately we’ve been ramping up our business- and management-related offerings. In 2012, we invested in some critical infrastructure to help sharpen our focus on key operational areas, such as marketing, technology, sustainability, risk management and talent management. The end goal is to provide even more value to members through the free exchange of ideas and establishment of industry best practices. This additional capacity will allow NMHC to grow the strategic business and industry information provided by the council and provide leadership to the apartment industry in areas such as technology applications, process automation and best practices—increasingly important objectives for the industry. With automation clearly a high priority as apartment firms plot the future of the industry, NMHC also continued its support of our data standards initiative, the Multifamily InformaMARKET EXCHANGE.

tion Technology Standards (MITS), which allows firms to adopt best-in-class technology

Village Green CEO Jonathan

solutions with a focus on easy integration. In 2012, MITS released a next-generation lead

Holtzman (left) and Holland

management standard to help firms better track incoming leasing leads.

Partners CEO Clyde Holland exchange thoughts on a new community concept during a

Providing benchmarking research remained a priority as well, with NMHC producing tools to help member firms compare their compensation programs and insurance costs.

networking event at NMHC’s

Finally, NMHC launched a new OpTech webinar series to engage members on a variety of

spring business meetings in

issues outside a conference format, with the kickoff webinar focusing on cybersecurity and

Scottsdale, Az.

the threat of data breaches.

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Emerging Leaders program increases offerings for the industry’s next generation.

Because smart succession planning is integral to long-term business success, NMHC was focused on further developing its Emerging Leaders Group in 2012, increasing this under-40 group’s profile and supporting a number of new initiatives. More than 150 young industry professionals took advantage of a special Emerging Leaders registration option to attend NMHC’s Annual Meeting. Moreover, the group made an impressive debut on the program with an educational session that featured four young dealmakers presenting to a mock investment panel. The group followed up with strong content programs at both the spring and fall business meetings. The Emerging Leaders Group also expanded its Speaker Series program, which features industry leaders engaging with young professionals in a fireside chat format, with the addition of regional networking events. In 2012, more than 300 up-and-comers attended NEXT GEN NETWORK.

regional networking events in Chicago, Dallas, Los Angeles and Washington, D.C. Each

Under-40-somethings gather

event featured candid conversation with a highly respected industry CEO. Participating

at an Emerging Leaders

executives included Sue Ansel (Gables Residential), Jerry Fink (The Bascom Group), Robert

Group regional networking

Kettler (Kettler), and David Schwartz (Waterton Associates).

event in Dallas in November. The group held four new regional events in 2012 in

To further grow the network and encourage peer interaction, the group also created a LinkedIn group, promoted its online database and developed a special Emerging Leaders online newsletter.

Chicago, Dallas, Los Angeles and Washington, D.C.

And the group’s goals are only more ambitious for the year ahead.

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NMHC’s inaugural charity fundraiser and walk/run benefits injured veterans.

NMHC added a new component to our Annual Meeting event lineup in January 2012. With SARES•REGIS Group CEO Jeff Stack, a former Marine, as program chair, NMHC held its inaugural Walk for Our Troops to benefit the Wounded Warrior Project. Our members and firms donated nearly $65,000 in fewer than six weeks, with more than 50 companies sponsoring the event. Even more impressive, they set a goal to more than double it in 2013. Roughly 200 apartment professionals laced up their sneakers to READY, SET, RUN.

participate in the early morning charity 3K walk/5K run around the beautiful Boca Raton Resort & Club golf course.

Roughly 200 industry executives participated in

The Wounded Warrior Project offers an array of programs and services designed to heal

NMHC’s first annual charity

the wounded and provide veterans with tools for economic empowerment. Notably, these

walk/run at the 2012 Annual

programs and services are free to veterans with service-connected wounds, injuries or

Meeting. With SARES•REGIS Group CEO Jeff Stack as

illnesses sustained on or after September 11, 2001. Given the amazing success of the inaugural event, NMHC plans to keep walk/run as a staple

program chair, the event

at the Annual Meeting. In fact, NMHC reached out to the newly formed Supplier Partner

raised almost $65,000 for the

Alliance, chaired by Larry Bellack, vice president of multifamily sales with Rainmaker LRO,

Wounded Warrior Project.

to take the charity event to new heights in the year ahead.

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July 1, 2011 - June 30, 2012 (Audited)

July 1, 2010 - June 30, 2011 (Audited)

$ 1,822,641 6,859,044

$ 1,147,810 6,676,816

8,681,685

7,824,626

709,009 (619,435)

652,068 (605,121)

89,574

46,947

ASSETS Cash and Investments Cash Investments, at cost Total Cash and Investments Fixed Assets Furniture and Equipment, at cost Less: Accumulated Depreciation Total Fixed Assets, Net Other Assets Security Deposit

14,676

14,676

14,676

14,676

$ 8,785,935

$ 7,886,249

$

$

Total Other Assets Total Assets

LIABILITIES AND UNRESTRICTED NET ASSETS Liabilities Lease Payable – Copiers Refundable Advances – CITF Total Liabilities

31,116 47,686

59,655

78,802

Unrestricted Net Assets Unrestricted Net Assets - Beginning Current Year Increase/(Decrease)

7,807,447 918,833

6,895,433 912,014

Total Unrestricted Net Assets

8,726,280

7,807,447

$ 8,785,935

$ 7,886,249

Total Liabilities and Unrestricted Net Assets NMHC members and employees are encouraged to report suspected violations of the law, violations of NMHC policies and procedures, dishonest or unethical behavior, crimes or improper business activities to NMHC’s Senior Vice President of Finance and Administration or through Report Line at 877/888-0002 or www.tnwinc.com/webreport. From time to time, the Board may change the process by which members or employees may communicate such reports. Employees will be notified of changes by internal communications. Members should check the NMHC website for any changes to the reporting process.

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18,585 41,070

The Audit Committee shall ensure that employees may report suspected violations anonymously in accordance with local, state and federal Whistleblower Statutes and Employee Protection Ordinances. Employees will not be subject to any penalties or retribution for reporting suspected violations in good faith. NMHC Audit Committee

Robert E. DeWitt (Chair) GID Boston, MA

Grace Huebscher Beech Street Capital Bethesda, MD

Richard L. Kadish CAPREIT, Inc. Rockville, MD


GUIDING PRINCIPALS. 2012-2013 NMHC officers include (from left to right) Tom Bozzuto, The Bozzuto Group; Daryl Carter, Avanath Capital Management; Bob DeWitt, GID; and Sue Ansel,


OFFICERS

Chairman Thomas S. Bozzuto

Vice Chairman Daryl J. Carter

Treasurer Robert E. DeWitt

Secretary Sue Ansel

President Douglas M. Bibby

The Bozzuto Group Greenbelt, MD

Avanath Capital Management, LLC Irvine, CA

GID Boston, MA

Gables Residential Dallas, TX

National Multi Housing Council Washington, DC

Audit Robert E. DeWitt (Chair)

Diversity Daryl J. Carter (Co-Chair)

Diversity Mary Ann King (Co-Chair)

Emerging Leaders Kris Mikkelsen (Chair)

Emerging Leaders Michael Darling (Vice Chair)

Emerging Leaders Maxwell Peek (Vice Chair)

GID Boston, MA

Avanath Capital Management, LLC Irvine, CA

Moran & Company Irvine, CA

Engler Financial Group, LLC Alpharetta, GA

CWCapital, LLC Needham, MA

Waterton Residential Chicago, IL

Immediate Past Chairman Peter F. Donovan CBRE Boston, MA

COMMITTEES

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Finance David Schwartz (Chair)

Finance Keith Harris (Vice Chair)

Investment Dawn Severt (Chair)

Joint Legislative Daryl J. Carter (Co-Chair)

Joint Legislative Rick Graf (Co-Chair)

Waterton Associates, LLC Chicago, IL

The Laramar Group Chicago, IL

Gables Residential Trust Atlanta, GA

Avanath Capital Management, LLC Irvine, CA

Pinnacle Dallas, TX

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COMMITTEES (cont.)

Membership Laura Beuerlein (Chair)

Membership Constance B. Moore (Vice Chair)

Operating Thomas S. Bozzuto (Chair)

Political Action David J. Neithercut (Chair)

Political Action Peter F. Donovan (Vice Chair)

Heritage Title Company of Austin, Inc. Austin, TX

BRE Properties, Inc. San Francisco, CA

The Bozzuto Group Greenbelt, MD

Equity Residential Chicago, IL

CBRE Boston, MA

Property Operations Julie A. Smith (Chair)

Property Operations Scott Wilder (Vice Chair)

Research Committee Jay Lybik (Chair)

Research Committee Jeanette Rice (Vice Chair)

Strategic Planning Daryl J. Carter (Chair)

Bozzuto Management Company Greenbelt, MD

Lincoln Property Company Dallas, TX

Equity Residential Chicago, IL

Rice Consulting, LLC Fort Worth, TX

Avanath Capital Management, LLC Irvine, CA

Student Housing David J. Adelman (Chair)

Student Housing William Talbot (Vice Chair)

Tax Committee Mike McDougal (Chair)

Tax Committee Maxwell Peek (Vice Chair)

Campus Apartments Philadelphia, PA

American Campus Communities Austin, TX

Supplier Partner Alliance Larry Bellack (Chair)

McDougal Properties, LC Lubbock, TX

Rice Consulting, LLC Fort Worth, TX

Alpharetta, GA

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SUBCOMMITTEES FINANCE Debt Financing Subcommittee Mona Carlton (Chair) HFF Dallas, TX Equity Investment Subcommittee Allison Hawkins (Chair) Artemis Real Estate Partners Los Angeles, CA Government Credit, Investment and Subsidy Finance Subcommittee Dwight Dunton (Chair) Bonaventure Realty Group Arlington, VA

Jennifer Staciokas (Vice Chair) Lincoln Property Company Dallas, TX

Richard Brennan (Vice Chair) AIMCO Denver, CO

STUDENT HOUSING Student Housing Conference Subcommittee

OpTech Conference Planning Subcommittee

Telecommunications & Building Technology Subcommittee

Andrew Hogshead (Chair) The Collier Companies Gainesville, FL

Lyn Lansdale (Chair) AvalonBay Communities, Inc. Arlington, VA

Lori Reeves (Chair) Forest City Cleveland, OH

Research Subcommittee

Gregory O’Berry (Vice Chair) JVM Realty Corporation Oak Brook, IL

Cheryl Barraco (Vice Chair) AvalonBay Communities, Inc. San Diego, CA

Risk Management Subcommittee

Stephen Upshaw (Vice Chair) Equity Residential Chicago, IL

Linda J. Ricklef (Chair) Post Properties Atlanta, GA

Sustainability Subcommittee

Marketing & Brand Management Subcommittee Kristy P. Simonette (Chair) Camden Property Trust Houston, TX

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Peter Stelian (Co-Chair) Blue Vista Capital Partners Chicago, IL

Heidi Much (Chair) Village Green Companies Farmington Hills, MI

PROPERTY OPERATIONS Labor and Employment Subcommittee

Philip Altschuler (Vice Chair) Gables Residential McLean, VA

Dan Bernstein (Co-Chair) Campus Apartments Philadelphia, PA

Lou Schotsky (Chair) Equity Residential Chicago, IL Martin Sprang (Vice Chair) AIMCO Denver, CO Systems Technology & Information Management Subcommittee Erik Rogers (Chair) Carmel Partners, Inc. Denver, CO

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Patti Fielding Aimco Denver, CO

Daryl J. Carter Avanath Capital Management Irvine, CA

Ric Campo Camden Property Trust Houston, TX

Paul G. Kerr Davlyn Investments San Diego, CA

Patti Shwayder Aimco Denver, CO

John R. Williams Avanath Capital Management Irvine, CA

Christopher Beda Carmel Partners, Inc. San Francisco, CA

Jon D. Williams Davlyn Investments San Diego, CA

James M. Krohn Alliance Residential Company Phoenix, AZ

Richard P. Giles The Bainbridge Companies West Palm Beach, FL

Ron Zeff Carmel Partners, Inc. San Francisco, CA

Alan W. George Equity Residential Chicago, IL

Bruce C. Ward Alliance Residential Company Phoenix, AZ

Richard Schechter The Bainbridge Companies West Palm Beach, FL

Peter F. Donovan CBRE Boston, MA

David J. Neithercut Equity Residential Chicago, IL

Marc E. deBaptiste ARA Boca Raton, FL

Jonathan D. Bell Bell Partners Greensboro, NC

Brian F. Stoffers CBRE Capital Markets Houston, TX

Susanne Hiegel Fannie Mae Washington, DC

Gary T. Kachadurian ARA Hinsdale, IL

Lili F. Dunn Bell Partners Alexandria, VA

William T. Hyman Centerline Capital Group New York, NY

Manuel Menendez Fannie Mae Washington, DC

R. Scot Sellers Archstone Englewood, CO

Alan King Berkshire Property Advisors Roswell, GA

John Larson Centerline Capital Group Dallas, TX

Deborah Ratner-Salzberg Forest City Enterprises, Inc. Washington, DC

Sean J. Breslin AvalonBay Communities, Inc. Arlington, VA

David J. Olney Berkshire Property Advisors Boston, MA

C. Stephen Cordes Clarion Partners New York, NY

Timothy J. Naughton AvalonBay Communities, Inc. Arlington, VA

Thomas S. Bozzuto The Bozzuto Group Greenbelt, MD

Robert D. Greer, Jr. Clarion Partners Washington, DC

Ronald A. Ratner Forest City Residential Group, Inc. Cleveland, OH

Julie A. Smith Bozzuto Management Company Greenbelt, MD

Nathan S. Collier The Collier Companies Gainesville, FL

Stephen Dominiak BRE Properties, Inc. Irvine, CA

J. Andrew Hogshead The Collier Companies Gainesville, FL

Constance B. Moore BRE Properties, Inc. San Francisco, CA

Paul F. Earle Colonial Properties Trust Birmingham, AL

Laurie A. Baker Camden Property Trust Houston, TX

Edward T. Wright Colonial Properties Trust Birmingham, AL

MAKING STRIDES. Gables Residential's Sue Ansel greets Rep. Jim Himes (D-Conn.) at NMHC's fall business meeting.

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David Brickman Freddie Mac McLean, VA John M. Cannon Freddie Mac New York, NY Susan Ansel Gables Residential Dallas, TX Dawn Severt Gables Residential Atlanta, GA

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2012 EXECUTIVE COMMITTEE (cont.) Robert E. DeWitt GID Boston, MA

Jubeen F. Vaghefi Jones Lang LaSalle Americas, Inc. Miami, FL

Thomas F. Moran Moran & Company Chicago, IL

Geoffrey L. Stack SARES•REGIS Group Irvine, CA

Stacy G. Hunt Greystar Real Estate Partners, LLC Houston, TX

James H. Callard Klingbeil Capital Management/ American Apartment Communities Annapolis, MD

Kerry R. French NorthMarq Capital, Inc. Houston, TX

Timothy J. Hogan Trammell Crow Residential Dallas, TX

William C. Maddux Greystar Real Estate Partners, LLC Charleston, SC

Kristen Klingbeil-Weis Klingbeil Capital Management/ American Apartment Communities Santa Barbara, CA

Edward Padilla NorthMarq Capital, Inc. Minneapolis, MN

Kenneth J. Valach Trammell Crow Residential Houston, TX

Laura A. Beuerlein Heritage Title Company of Austin, Inc. Austin, TX

Guy K. Hays Legacy Partners Residential, Inc. Foster City, CA

Rick Graf Pinnacle Addison, TX

Michael E. Tompkins TriBridge Residential LLC Atlanta, GA

Stan J. Harrelson Pinnacle Seattle, WA

Thomas W. Toomey UDR, Inc. Highlands Ranch, CO

David P. Stockert Post Properties, Inc. Atlanta, GA

Warren L. Troupe UDR, Inc. Highlands Ranch, CO

Jamie Teabo Post Properties, Inc. Atlanta, GA

David R. Schwartz Waterton Associates, L.L.C. Chicago, IL

David Durning Prudential Mortgage Capital Company Chicago, IL

Gregory J. Lozinak Waterton Residential Chicago, IL

Gary S. Farmer Heritage Title Company of Austin, Inc. Austin, TX Mona Keeter Carlton HFF Dallas, TX Matthew Lawton HFF Chicago, IL Clyde P. Holland Holland Partner Group Vancouver, WA

W. Dean Henry Legacy Partners Residential, Inc. Foster City, CA Brian C. Byrne Lincoln Property Company Oak Brook, IL Jeff B. Franzen Lincoln Property Company Herndon, VA H. Eric Bolton, Jr. MAA Memphis, TN Albert M. Campbell MAA Memphis, TN

James P. Hensley Prudential Mortgage Capital Company Atlanta, GA

John J. Kerin Marcus & Millichap Calabasas, CA

Jerome Ehlinger RREEF Chicago, IL

Guy K. Johnson Johnson Capital Las Vegas, NV

Charles R. Brindell, Jr. Mill Creek Residential Trust LLC Dallas, TX

Timothy Ellsworth RREEF Chicago, IL

Jeffrey T. Morris Jones Lang LaSalle Americas, Inc. Orlando, FL

Mary Ann King Moran & Company Irvine, CA

Michael Bissell SARES•REGIS Group Irvine, CA

Hessam Nadji Institutional Property Advisors, a Marcus & Millichap Company Walnut Creek, CA

32

Vincent R. Toye Wells Fargo Multifamily Capital New York, NY Alan Wiener Wells Fargo Multifamily Capital New York, NY Frank Middleton Wood Partners, LLC Mill Valley, CA Curtis W. Walker Wood Partners, LLC Atlanta, GA

T WELVE FOR 2012 NATIONAL MULTI HOUSING COUNCIL ANNUAL REPORT


INDUSTRY LEADER. Equity Residential CEO David Neithercut rolls up his sleeves during an NMHC PAC business meeting in January. Neithercut was PAC chairman in 2012.


Simon Ziff Ackman Ziff Real Estate Group, LLC New York, NY

Rodrigo Lopez AmeriSphere Multifamily Finance, LLC Omaha, NE

Jeffery Daniels AIG Global Real Estate Investment Corp. New York, NY

Scott G. Suttle AmeriSphere Multifamily Finance, LLC Bethesda, MD

Donald Huffner AIG Global Real Estate Investment Corp. New York, NY

Steve F. Hallsey AMLI Management Company Chicago, IL

Jay Blasberg Alliant Capital LLC Tucson, AZ Toshi Matsushita Alliant Capital LLC Tucson, AZ Tim L. Myers Allied Realty Services, Ltd. Houston, TX Joel L. Altman Altman Development Corporation Boca Raton, FL

Gregory T. Mutz AMLI Residential Properties, LP Chicago, IL Kimberly J. Sperry Amstar Group, LLC Denver, CO Lauren A. Brockman Anbrock, LLC Denver, CO Judy Bellack Apartment Guide Boca Raton, FL

Bonnie Habyan Arbor Commercial Mortgage, LLC Uniondale, NY

Phillip E. Bogucki AZUMA Leasing Austin, TX

Erica Mileo Arbor Commercial Mortgage, LLC Uniondale, NY

BJ Rosow AZUMA Leasing Austin, TX

Brian Earle Area Property Partners New York, NY

Holly Costello Balfour Beatty Communities Jacksonville, FL

Steven Wolf Area Property Partners New York, NY

Morton P. Fisher, Jr. Ballard Spahr Baltimore, MD

Morgan Anderson Arthur J. Gallagher & Co. Irvine, CA

Allan R. Winn Ballard Spahr Washington, DC

Alexandra Glickman Arthur J. Gallagher & Co. Glendale, CA

Bob Lane Beecher Carlson Atlanta, GA

Jason A. Friedman Associated Estates Realty Corporation Richmond Heights, OH

Michael Stern Beecher Carlson Atlanta, GA

Arlene Mayfield Apartment Guide Norcross, GA

Jeffrey I. Friedman Associated Estates Realty Corporation Richmond Heights, OH

Dick Burke Apartments.com Chicago, IL

Lin Atkinson AT&T Connected Communities Atlanta, GA

Brad Long Apartments.com Chicago, IL

Thuy Woodall AT&T Connected Communities Milton, GA

William C. Bayless, Jr. American Campus Communities Austin, TX

Blake Okland ARA Boca Raton, FL

David Carpenter AUM Elmhurst, IL

Jason Wills American Campus Communities Austin, TX

Thomas P. MacManus ARA Finance, LLC Boca Raton, FL

Michael G. Miller AUM Lombard, IL

Michael H. Godwin Ambling Management Company LLC Valdosta, GA R. Ryan Holmes Ambling Management Company LLC Valdosta, GA

34

Grace Huebscher Beech Street Capital Bethesda, MD Jeff Lee Beech Street Capital Bethesda, MD Robert S. Aisner Behringer Harvard Addison, TX Mark Alfieri Behringer Harvard Addison, TX Frank Lutz Berkadia Horsham, PA Karl H. Reinlein Berkadia Horsham, PA

T WELVE FOR 2012 NATIONAL MULTI HOUSING COUNCIL ANNUAL REPORT


2012 BOARD OF DIRECTORS (cont.) Jeffrey C. Day Berkeley Point Capital LLC Bethesda, MD

B. Diane Butler Butler Burgher Group Dallas, TX

DeAnna Thomas CBRE Global Investors, LLC Boston, MA

James W. Harris CoreLogic SafeRent Rockville, MD

Jim McDevitt Berkeley Point Capital LLC Bethesda, MD

Kyle Lewallen Butler Burgher Group Austin, TX

Stephen J. Zaleski CBRE Global Investors, LLC Boston, MA

Dwight D. Dunton, III Bonaventure Realty Group, LLC Arlington, VA

David J. Adelman Campus Apartments Philadelphia, PA

Hal G. Kuykendall Citi Community Capital Denver, CO

Terri Herubin Cornerstone Real Estate Advisers LLC Hartford, CT

Mark W. Dunne Boston Capital Corporation Boston, MA

Miles H. Orth Campus Apartments Philadelphia, PA

Wesley Hudson CohnReznick LLP Atlanta, GA

John P. Manning Boston Capital Corporation Boston, MA

Michael May Cantor Commercial Real Estate (CCRE) Bethesda, MD

Edward Lusk CohnReznick LLP Atlanta, GA

Barden Brown Brown Realty Advisors Atlanta, GA Walter W. Miller Brown Realty Advisors Atlanta, GA Rainer Andrews BSR Trust Montgomery, AL Josh Mandell BSR Trust Montgomery, AL Bradley B. Chambers Buckingham Companies Indianapolis, IN James B. Knight Bury+Partners, Inc. Dallas, TX Nick Moulinet Bury+Partners, Inc. Dallas, TX

Anthony Orso Cantor Commercial Real Estate (CCRE) New York, NY Richard Lyon Capital One Bank New York, NY Ernest L. Heymann CAPREIT, Inc. Rockville, MD Richard L. Kadish CAPREIT, Inc. Rockville, MD L. Marc Carter Carter Haston Holdings, LLC Nashville, TN Harris Haston Carter Haston Holdings, LLC Nashville, TN Tyler Anderson CBRE Phoenix, AZ

T WELVE FOR 2012 NATIONAL MULTI HOUSING COUNCIL ANNUAL REPORT

David B. Woodward CompassRock Real Estate LLC Denver, CO Daniel J. Epstein The ConAm Group of Companies San Diego, CA J. Bradley Forrester The ConAm Group of Companies San Diego, CA Jerry Davis Conservice Utility Management & Billing Prosper, TX Jason Rosa Continental Realty Advisors, Ltd. Littleton, CO David W. Snyder Continental Realty Advisors, Ltd. Littleton, CO Nevel DeHart CoreLogic SafeRent Rockville, MD

Mark Higgins Cornerstone Real Estate Advisers LLC Hartford, CT Mark Klionsky CoStar Washington, DC Marc D. Goldstein Covington Development, LLC St. Louis, MO Benjamin Collins Crescent Resources, LLC Charlotte, NC Brian Natwick Crescent Resources, LLC Charlotte, NC William B. Blash Crossbeam Capital LLC Bethesda, MD Richard K. Devaney Crossbeam Capital LLC Bethesda, MD Dodge Carter Crow Holdings Capital Partners, LLC Dallas, TX Steven Weilbach Cushman & Wakefield San Francisco, CA

35


2012 BOARD OF DIRECTORS (cont.) Byron L. Moger Cushman & Wakefield Tampa, FL

Wendy Drucker Drucker & Falk, LLC Newport News, VA

Gregory R. Pinkalla Fairfield Residential Company LLC San Diego, CA

Dan Hobin G5 Bend, OR

Roy E. Demmon, III Demmon Partners Redwood City, CA

Kellie Falk-Tillett Drucker & Falk, LLC Raleigh, NC

George Fisher Ferguson Enterprises Augusta, GA

Daniel J. Roehl G5 Bend, OR

Thomas Walsh Demmon Partners Redwood City, CA

John H. Pringle E & S Ring Management Corporation Los Angeles, CA

Tom Kopfler Ferguson Enterprises Irvine, CA

Edward Coco GE Real Estate Alpharetta, GA

Richard N. Shinberg First Capital Realty, Inc. Bethesda, MD

Robert Dean GE Real Estate Washington, DC

Les Zimmerman First Capital Realty, Inc. Bethesda, MD

Stephen LoPresti Gerson Bakar & Associates San Francisco, CA

Robert L. Johnston First Communities Atlanta, GA

Linda Zeller Gerson Bakar & Associates San Francisco, CA

Mark A. Fogelman Fogelman Management Group Memphis, TN

Philip S. Payne Ginkgo Residential Charlotte, NC

Richard L. Fogelman Fogelman Properties Memphis, TN

D. Scott Wilkerson Ginkgo Residential Charlotte, NC

Wayne E. McDonald Forestar Group, Inc. Austin, TX

Katie Bloom Goldman Sachs Irving, TX

Phillip Weber Forestar Group, Inc. Austin, TX

John J. Gray, III Grayco Partners LLC Houston, TX

Gregory A. Fowler FPA Multifamily San Francisco, CA

Billy Posey Greystone Servicing Corporation, Inc. Memphis, TN

John Caltagirone The Dinerstein Companies Houston, TX Brian L. Dinerstein The Dinerstein Companies Houston, TX Anthony Schaffer DIRECTV El Segundo, CA Robert Grosz Dish Network Englewood, CO Brian Spencer Dish Network Englewood, CO Andrew K. Dolben The Dolben Company, Inc. Woburn, MA Deane H. Dolben The Dolben Company, Inc. Woburn, MA Adam C. Breen DRA Advisors, LLC New York, NY David Luski DRA Advisors, LLC New York, NY

36

Miles Spencer Eastdil Secured, LLC Washington, DC Randy Churchey Education Realty Trust, Inc. Memphis, TN Thomas Trubiana Education Realty Trust, Inc. Memphis, TN John M. O’Hara, Jr. Edward Rose & Sons Farmington Hills, MI Warren Rose Edward Rose & Sons Bloomfield Hills, MI Trey Embrey Embrey Partners, Ltd. San Antonio, TX Gregory L. Engler Engler Financial Group, LLC Alpharetta, GA Patrick Jones Engler Financial Group, LLC Alpharetta, GA Christopher E. Hashioka Fairfield Residential Company LLC San Diego, CA

Holland Smith FPA Multifamily Dallas, TX

Robert Russell Guggenheim Commercial Real Estate Finance, LLC New York, NY

T WELVE FOR 2012 NATIONAL MULTI HOUSING COUNCIL ANNUAL REPORT


2012 BOARD OF DIRECTORS (cont.) Alicia Cotton Guggenheim Real Estate Finance, LLC Vienna, VA Philander P. Claxton Happy Habitat, LLC Laurel, MD Judy Viitanen Happy Habitat, LLC Laurel, MD Curt Hensel HD Supply San Diego, CA Paula Presenkowski HD Supply San Diego, CA James M. Bachner Heitman LLC Chicago, IL Howard Edelman Heitman LLC Chicago, IL Mark Forrester Hendricks-Berkadia Phoenix, AZ Don Hendricks Hendricks-Berkadia Phoenix, AZ Jennifer Doran Highland Commercial Mortgage, LLC Birmingham, AL John O. Moore, Jr. Highland Commercial Mortgage, LLC Birmingham, AL

Alan Patton Hines Houston, TX

Tiffany Butcher The JBG Companies Chevy Chase, MD

Peggy Robinson Kingsley Associates Atlanta, GA

Edward J. Pettinella Home Properties, Inc. Rochester, NY

Kai Reynolds The JBG Companies Chevy Chase, MD

Rohit Anand KTGY Group Inc. Vienna, VA

Greg Faulkner Humphreys & Partners Architects, L.P. Dallas, TX

James A. Butz Jefferson Apartment Group McLean, VA

Mike Kingsley KTGY Group Inc. Vienna, VA

Gregory G. Lamb Jefferson Apartment Group McLean, VA

Jay Olander Landmark Apartment Trust of America, Inc. Richmond, VA

Mark Humphreys Humphreys & Partners Architects, L.P. Dallas, TX David Kapiloff Insgroup, Inc. Houston, TX Will Balthrope Institutional Property Advisors, a Marcus & Millichap Company Dallas, TX Peter Katz Institutional Property Advisors, a Marcus & Millichap Company Phoenix, AZ Kevin A. Baldridge The Irvine Company Apartment Communities ‘IAC’ Irvine, CA Sylvain Fortier Ivanhoé Cambridge Residential Montreal, QC Martine Philibert Ivanhoé Cambridge Residential Montreal, QC Jean M. Anderson J.P. Morgan Asset Management New York, NY

T WELVE FOR 2012 NATIONAL MULTI HOUSING COUNCIL ANNUAL REPORT

Richard J. High John M. Corcoran & Company Braintree, MA John W. Bray Jones Lang LaSalle Americas, Inc. Atlanta, GA Faron G. Thompson Jones Lang LaSalle Americas, Inc. Atlanta, GA Cindy Clare Kettler McLean, VA

Gus Remppies Landmark Apartment Trust of America, Inc. Richmond, VA Keith A. Harris The Laramar Group, LLC Chicago, IL Tom Klaess The Laramar Group, LLC Greenwood Village, CO

Laurel Howell Kettler McLean, VA

Christine Akins LaSalle Investment Management, Inc. Chicago, IL

Angela Mago KeyBank Real Estate Capital Cleveland, OH

Peter P. DiLullo, Jr. LCOR Incorporated Berwyn, PA

Katie Thompson KeyBank Real Estate Capital Dallas, TX

Thomas J. O’Brien LCOR Incorporated Berwyn, PA

John Falco Kingsley Associates Atlanta, GA

Michael E. Mueller LeaseHawk Scottsdale, AZ

37


CAPITOL ACCESS. NMHC Chairman Tom Bozzuto escorts Rep Steny Hoyer (D-Md.) at NMHC’s fall business meetings in Washington, D.C.


2012 BOARD OF DIRECTORS (cont.) Lori Xeller LeaseHawk Scottsdale, AZ

Tristan Thoma McDougal Properties, L.C. Lubbock, TX

Steve T. Lamberti Milestone Management Dallas, TX

Joshua Goldfarb Multi Housing Advisors Atlanta, GA

Thomas F. McCoy, Jr. Lockton Companies, LLC Denver, CO

Kenneth Lee McDowell Properties San Francisco, CA

Paul Harris Moran & Company Dallas, TX

Marc G. Robinson Multi Housing Advisors Charlotte, NC

Charles M. McDaniel Lockton Companies, LLC Denver, CO

W. Patrick McDowell McDowell Properties San Francisco, CA

Jeffrey Williams Moran & Company Seattle, WA

Gina M. Dingman NAI Everest Minneapolis, MN

Sam J. Kasparek The Lynd Company Denver, CO

Albert Berriz McKinley Ann Arbor, MI

Carter Bechtol The Morgan Group, Inc. Houston, TX

Henry Nevins NALS Apartment Homes Santa Barbara, CA

Adam David Lynd The Lynd Company San Antonio, TX

Ken Polsinelli McKinley Ann Arbor, MI

Michael S. Morgan The Morgan Group, Inc. Houston, TX

Michael R. Schell NALS Apartment Homes Scottsdale, AZ

Dean Holmes Madison Apartment Group Philadelphia, PA

Jacob Katz Meridian Capital Group, LLC New York, NY

Jonathan Morgan Morgan Properties King of Prussia, PA

Richard Burns The NHP Foundation New York, NY

Joseph F. Mullen Madison Apartment Group Philadelphia, PA

Israel Schubert Meridian Capital Group, LLC Iselin, NJ

Mitchell L. Morgan Morgan Properties King of Prussia, PA

Robert A. Esposito NWP Services Corporation Pembroke Pines, FL

Nicholas Michael Ryan The Marquette Companies Naperville, IL

Alasdair Cripps Mesirow Financial Chicago, IL

Michael D. Radice NWP Services Corporation Costa Mesa, CA

Darren R. Sloniger The Marquette Companies Naperville, IL

Charles Kendrick Mesirow Financial Chicago, IL

Melanie Morrison Morrison, Ekre & Bart Management Services, Inc. Phoenix, AZ

Gerald J. Haak MAXX Properties Harrison, NY

Robert D. Lazaroff The Michelson Organization St. Louis, MO

Andrew R. Wiener MAXX Properties Harrison, NY

Bruce V. Michelson, Jr. The Michelson Organization St. Louis, MO

Michael C. McDougal McDougal Properties, L.C. Lubbock, TX

Jeffrey Goldberg Milestone Group New York, NY

T WELVE FOR 2012 NATIONAL MULTI HOUSING COUNCIL ANNUAL REPORT

Jodi Sheahan Morrison, Ekre & Bart Management Services, Inc. Phoenix, AZ Eric Gramberg Move Westlake Village, CA Elissa M. Courtright MRI Software Solon, OH Sharon Fay MRI Software Solon, OH

Neil Cullen Oak Grove Capital Bethesda, MD Kevin Filter Oak Grove Capital Saint Paul, MN Gene R. Blevins Orion Real Estate Services Houston, TX Pam McGlashen Orion Real Estate Services Houston, TX

39


2012 BOARD OF DIRECTORS (cont.) Arthur J. Cole Pacific Urban Residential Palo Alto, CA

Kieran P. Quinn Pillar Multifamily, LLC Vienna, VA

Alfred V. Pace Pacific Urban Residential Palo Alto, CA

D. Scott Bassin PNC Real Estate Pittsburgh, PA

W. Clark Ewart Paradigm Development Company Arlington, VA

William Thomas Booher PNC Real Estate San Francisco, CA

Stanley W. Sloter Paradigm Development Company Arlington, VA

Marc S. Pollack Pollack Shores Real Estate Group Atlanta, GA

P. David Onanian PAS Purchasing Solutions Houston, TX

Steven Shores Pollack Shores Real Estate Group Atlanta, GA

Randall M. Paulson PAS Purchasing Solutions Plano, TX

Donna Preiss The Preiss Company Raleigh, NC

Alan Pollack Providence Management Company, L.L.C. Glenview, IL

Gary Goodman Passco Companies, LLC Irvine, CA

John Preiss The Preiss Company Raleigh, NC

Thomas G. Smith Prudential Real Estate Investors Atlanta, GA

Adam R. Rose Rose Associates, Inc. New York, NY

Larry Sullivan Passco Companies, LLC Irvine, CA

Seth Martin Pritzker Realty Group, LLC Chicago, IL

Bruce Barfield Rainmaker LRO Alpharetta, GA

W. Michael Doramus Sarofim Realty Advisors Dallas, TX

David R. Picerne Picerne Real Estate Group Phoenix, AZ

Michael A. Sullivan Pritzker Realty Group, LLC Chicago, IL

Tammy Farley Rainmaker LRO Alpharetta, GA

David Evemy Sarofim Realty Advisors Dallas, TX

Ronald G. Brock, Jr. Pierce-Eislen, Inc. Scottsdale, AZ

John D. Millham Prometheus Walnut Creek, CA

Ashley Chaffin Glover RealPage, Inc. Carrollton, TX

James D. Scully Jr. Scully Company Jenkintown, PA

Ronald G. Brock, Sr. Pierce-Eislen, Inc. Scottsdale, AZ

Clayton A. Parker Prometheus San Mateo, CA

Stephen T. Winn RealPage, Inc. Carrollton, TX

Michael A. Scully Scully Company Jenkintown, PA

Sherwin Nelvis Pillar Multifamily, LLC Vienna, VA

David Bateman Property Solutions International, Inc. Provo, UT

Mark C. Beisler Red Mortgage Capital, LLC Reston, VA

W. Steve Gilmore Shea Properties Aliso Viejo, CA

40

Benjamin Zimmer Property Solutions International, Inc. Provo, UT Joe Colon Protection 1 Security Jacksonville, FL Melisa Colon Protection 1 Security Tampa, FL Bruce LaMotte Providence Management Company, L.L.C. Glenview, IL

David L. Goodman Red Mortgage Capital, LLC Reston, VA Howard S. Primer RenaissancePG, LLC Knoxville, TN Terry S. Danner Riverstone Residential Group Dallas, TX Walt Smith Riverstone Residential Group Dallas, TX Daniel McNulty Rockwood Real Estate Advisors New York, NY J. Brian Peters Rose Associates, Inc. White Plains, NY

T WELVE FOR 2012 NATIONAL MULTI HOUSING COUNCIL ANNUAL REPORT


2012 BOARD OF DIRECTORS (cont.) Colm Macken Shea Properties Aliso Viejo, CA

David J. Ingram UBS Realty Investors LLC Hartford, CT

Rick Craig Simmons Vedder Partners, Inc. Houston, TX

Jeffrey G. Maguire UBS Realty Investors LLC Hartford, CT

Wolf Vedder Simmons Vedder Partners, Inc. Austin, TX

Geoffrey C. Brown USA Properties Fund, Inc. Roseville, CA

J. Robert Love Simpson Housing LLLP Atlanta, GA

Karen McCurdy USA Properties Fund, Inc. Roseville, CA

Michael K. Hayde Western National Property Management Irvine, CA

Michael Katz Sterling American Property Inc. Great Neck, NY

Michael Keyes Ferris Valet Waste, LLC Tampa, FL

Stephan T. Beck Whiteco Residential LLC Merrillville, IN

Tarak Patolia Sterling American Property Inc. Great Neck, NY

Syd McDonald Valet Waste, LLC Tampa, FL

Timothy J. Connelly Whiteco Residential LLC Merrillville, IN

Scott Anderson TIAA-CREF Global Real Estate Newport Beach, CA

Diane Batayeh Village Green Companies Farmington Hills, MI

Charles W. Brammer, Jr. The Wilkinson Group, Inc. Atlanta, GA

Joanne Luger Time Warner Cable Herndon, VA

Jonathan Holtzman Village Green Companies Farmington Hills, MI

Phillip R. Deguire The Wilkinson Group, Inc. Atlanta, GA

Dave Schwehm Time Warner Cable Herndon, VA

Brendan Coleman Walker & Dunlop Bethesda, MD

Samuel Ross WinnCompanies Boston, MA

Steve Roe TransUnion Rental Screening Solutions Greenwood Village, CO

Howard W. Smith, III Walker & Dunlop Bethesda, MD

Lawrence H. Curtis WinnDevelopment Boston, MA

Raymond D. Barrows Waypoint Residential Atlanta, GA

Greg M. Galli Woodmont Companies Belmont, CA

Scott J. Lawlor Waypoint Residential Greenwich, CT

Ronald V. Granville Woodmont Real Estate Services Belmont, CA

Wayne A. Vandenburg TVO Groupe LLC Chicago, IL Russell A. Vandenburg TVO North America El Paso, TX

T WELVE FOR 2012 NATIONAL MULTI HOUSING COUNCIL ANNUAL REPORT

Jack O’Connor Weidner Property Management LLC Kirkland, WA W. Dean Weidner Weidner Property Management LLC Kirkland, WA

Brigitta Eggleston Yardi Systems, Inc. Santa Barbara, CA Amy Gerritsen Yardi Systems, Inc. Santa Barbara, CA Samuel C. Stephens, III ZOM Companies Orlando, FL Greg West ZOM Companies Fort Lauderdale, FL

41


365 Connect, LLC

CohnReznick

Gill Group, Inc.

Mesa Capital Partners, LLC

Adara Communities

Greer Group, Inc.

MetLife

Allen Harrison Company, LLC

Commercial Wireless Systems International, LLC

The Greysteel Company

MN Capital Strategies

The Allen Morris Company

CommunityVibe, Inc.

HB Northwest

Apartment List

The Connell Company

Monarch Investment and Management Group

Auction.com Commercial

Connell Real Estate Holdings

Highland Commercial Mortgage, LLC

Balfour Beatty Communities

Conscious Community Living

Information Tycoon

Muskin Commercial, LLC

BBL Builders LP

Consolidated Management of Greenville, Inc.

The Integral Group LLC

Neighborhood Pay Services, LLC

Intown Hospitality Corporation

Corvias Campus Living Cowboy Partners CA, LLC

Investment Property Advisors, LLC

New York Life Real Estate Investors

Drake Realty Group, LLC

J. Alexander Realty Group, Ltd.

NorSouth Constructs

Duke Capital Management

Jamboree Housing Corporation

Northwood Investors, LLC

Dune Real Estate Partners

JDA West, LLC

Notivus

Dwell Design Studio, LLC

Jevan Capital

One Eleven Partners, LLC

Eagle Rock Advisors LLC

KBKG

Pacific Urban Residential

Eastham Capital

KCK Properties, Inc.

Palladian Capital Advisors

Elad National Properties

Korn/Ferry International

Pangea Properties

Element National Management

L’arte Dalla Cucina

PayLease

Cantor Commercial Real Estate (CCRE)

Equity Resource Investments

Ledcor Properties Inc.

Pensam Capital, LLC

Estates Management Company

Lee & Associates

Plus Management, LLC

Cantrell McCulloch, Inc.

Evergreen Devco, Inc.

LG Electronics

Portico Property Management

Cardinal Group Investments

EVOQ Properties, Inc.

Liberty Equities USA

Post Commercial Real Estate

Carroll Organization

Ferguson Enterprises

Lindquist & Vennum LLP

Potomac Holdings, LLC

Catalina Development Company

Finfrock

LSR Communities

PPA Group

Centro Development, LLC

First Market Properties

MacFarlane Partners

Prudential Real Estate Investors

Champion Real Estate Company

FirstService Residential Realty

Madera Equity

Chatham Financial

Foulger-Pratt Companies

Masco Cabinetry

Q10 Kinghorn, Driver, Hough & Co.

Chicago Title

GAIA Real Estate

MBK Homes, LLC

The Rainmaker Group

Citrin Cooperman

Gilbane Development Company

McKinney Properties, Inc.

Realco Capital Partners

The Beach Company Berkeley Point Capital LLC The Blackstone Group Block Real Estate Services Bluestone Development Brickstone Partners Campus Acquisitions, LLC Campus Evolution, LLC Campus View Canada Pension Plan Investment Board

42

Morningside Equities Group, Inc.

NMS Properties, Inc.

T WELVE FOR 2012 NATIONAL MULTI HOUSING COUNCIL ANNUAL REPORT


Real Estate Media Lab, LLC Redwood Real Estate Partners

The United Group of Companies, Inc.

Relaborate

VALCAP

Renaissance Downtowns

Vedura Residential

Restoration Systems, Inc.

Verdek LLC

Rose Associates, Inc.

Walker Holder Residential, Inc.

Sage Law Practice

Washington Property Company

SBV Acquisitions, LLC

WC Smith

The Scion Group

Westover Companies

Seminole Financial Services, LLC

WestPac Investments

Shamrock Multifamily Management LLC

White Oak Partners

The Shockey Precast Group

Whitney Bank

Shreve Land Constructors

Woodfield Development

Silver Bay Property Corporation

The Woodlark Companies

South City Partners, LLC

Woodmont Properties, LLC

Starlight Investments Limited

Zillow

White Oak Realty Partners

Steadfast Companies The Strategic Solution Suffolk Construction Company, Inc.

ON THE HILL.

Summit Multi Capital, LLC

House Majority Leader

TAND Properties

Eric Cantor (R-Va.) addresses

Teeple Partners, Inc. Tidal Real Estate Towers Watson Data Services, Inc. TPG Capital Transwestern Mid-Atlantic Multifamily Group

NMHC’s Executive Committee during a private session at the fall business meetings in Washington, D.C.

UC Funding

T WELVE FOR 2012 NATIONAL MULTI HOUSING COUNCIL ANNUAL REPORT

43



2012 CHAIRMAN’S CIRCLE ($50,000 and up)

2012 SPONSORS (under $25,000)

The Apartment Guide

Kroll Factual Data, Inc.

365 Connect, LLC

Multifamily Executive

AT&T Connected Communities

RealPage, Inc.

Alliance Residential Company

NorthMarq Capital, Inc.

Berkadia

Time Warner Cable

Cushman & Wakefield

National Real Estate Investor

Comcast Cable Communications

Verizon Enhanced Communities

Cox Communications

SARES•REGIS Group

DIRECTV

Yardi Systems, Inc.

Grandbridge Real Estate Capital

Schlage Lock/Ingersoll Rand Residential Solutions

KeyBank Real Estate Capital

G5

2012 FRIENDS OF THE COUNCIL ($25,000 to $49,999)

Institutional Property Advisors, a Marcus & Millichap Company

Aimco

Moran & Company

McKinley

Apartment Finder

MRI Software

MultifamilyBiz.com

ARA

Pierce-Eislen, Inc.

Archstone

Pinnacle

AvalonBay Communities, Inc.

PNC Real Estate

Bader Company

Property Solutions

Beech Street Capital

Protection One

BRE Properties, Inc. Camden Property Trust

Prudential Mortgage Capital Company

Capital One

Rainmaker LRO

CBRE

Red Mortgage Capital, LLC

CoreLogic SafeRent

Rent.com

Equity Residential

Riverstone Residential Group

Hendricks-Berkadia

UDR, Inc.

HFF

Walker & Dunlop

Jones Lang LaSalle

Wells Fargo

Trinitas Ventures

LexisNexis MAA

T WELVE FOR 2012 NATIONAL MULTI HOUSING COUNCIL ANNUAL REPORT

45


Doug Bibby

Cindy Chetti

Kim Duty

Kenny Emson

Julie Stalknecht

President

Senior Vice President, Government Affairs

Senior Vice President, Public Affairs and Industry Initiatives

Senior Vice President, Finance and Administration

Senior Vice President, Membership, Marketing and Meetings

Jim Arbury

Betsy Feigin Befus

Matthew Berger

Lisa Blackwell

David Cardwell

Vice President, Student Housing

General Counsel

Vice President, Tax

Vice President, Housing Policy

Vice President, Capital Markets

Jeanne McGlynn Delgado

Rick Haughey

Deborah Lee

Eileen Lee, Ph.D.

Ron Nickson

Vice President, Energy and Environmental Policy

Vice President, Building Codes

Vice President, Business and Risk Management Policy

46

Vice President, Property Operations and Technology

Vice President, Administration

T WELVE FOR 2012 NATIONAL MULTI HOUSING COUNCIL ANNUAL REPORT


Mark Obrinsky, Ph.D. Chief Economist and Vice President, Research

Jennifer Angebranndt, CMP

Myrra Bariring

Amy Beranek

Michele Cherry

Director, Accounting

Legislative Analyst

Director, Database Management and Membership Services

Director, Meetings

Paula Cino

David Covucci

Lauren Dwyer

LaFayette Flowers

Julianne Goodfellow

Deanita Holland, CMP

Senior Director, Energy and Environmental Policy

Web Manager

Director, Technology and Industry Initiatives

Membership Manager

Special Assistant to the President and Senior Vice President of Government Affairs

Assistant Director, Meetings

Danielle Morris James

Dave Knerler

Jim Lapides

Kimble Ratliff

Melissa Rowan

Director, Technology

Director, Public Relations

Director, Government Affairs

Meetings Coordinator

LeVoniann (Toni) Sampson

Senior Director, Political Affairs

Receptionist

Caitlin Sugrue

Candace Thomas

Brian Veith

Gary Whidby

Sarah Yaussi

Senior Research Analyst

Administrative Assistant

Membership Manager

PAC Manager

Director, Industry Communications

T WELVE FOR 2012 NATIONAL MULTI HOUSING COUNCIL ANNUAL REPORT

47


April 23 – 24, 2013 2013 NMHC Apartment Strategies/ Finance Conference (NMHC Members and Non-Members) Four Seasons Hotel Dallas (Las Colinas), TX

September 30 – October 2, 2013 2013 NMHC Student Housing Conference & Exposition (NMHC Members and Non-Members) Sheraton Hotel New Orleans, LA

April 24 – 25, 2013 2013 NMHC Spring Board of Directors Meeting (NMHC Board of Directors Members Only) Four Seasons Hotel Dallas (Las Colinas), TX

November 11 – 13, 2013 2013 NMHC Apartment Operations and Technology (OpTech) Conference & Exposition (NMHC Members and Non-Members) Hilton Anatole Dallas, TX

May 14 – 15, 2013 2013 NMHC Human Resources Forum (NMHC Members Only) Marriott Long Wharf Boston, MA

January 21, 2014 2014 NMHC Apartment Strategies Outlook Conference (NMHC Members and Non-Members) Boca Raton Resort & Club Boca Raton, FL

May 14 – 15, 2013 2013 NMHC Research Forum (NMHC Members Only) Marriott Long Wharf Boston, MA

January 21 – 23, 2014 2014 NMHC Annual Meeting (NMHC Members Only) Boca Raton Resort & Club Boca Raton, FL

September 17 – 19, 2013 2013 NMHC Fall Board of Directors and Advisory Committee Meeting (NMHC Members Only) The Fairmont Hotel Washington, DC

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T WELVE FOR 2012 NATIONAL MULTI HOUSING COUNCIL ANNUAL REPORT




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