The ULI Greenprint Center for Building Performance Advisory Board is composed of senior real estate professionals who work together to seek innovative solutions and advocate carbon emission reduction.
Ronald P. Weidner
Founder, ULI Greenprint Center
Founder & CEO, PLB Capital Partners
Ronald Weidner is the former chief investment officer and a member of the board of Allianz Real Estate. Weidner has more than 30 years of experience in real estate lending, investment management, and operations, as well as corporate banking in Europe and the United States. Throughout his career, he has focused on building new businesses for German- and U.S.-based firms expanding into markets outside their home countries.
Prior to joining Allianz, Weidner held the position of CEO, international, for the Mills Corporation, a U.S.-based real estate investment trust (REIT) engaged in the development, leasing, and management of regional shopping centers in the United States, Canada, and Europe.
From 1999 through 2004, Weidner was a member of the board of KanAm International and founding partner of WestWind Capital Partners, an affiliate of the KanAm Group. WestWind Capital was an investment adviser and asset manager focused on acquiring and managing large Class A office properties and regional shopping centers in the United States and Europe.
Charles B. Leitner III
Chairman, ULI Greenprint Center
President, Berkshire Property Advisors
Charles Leitner is chairman of the ULI Greenprint Center for Building Performance, a nonprofit organization created by a global alliance of leading real estate investors to spearhead the industry’s drive to reduce greenhouse gas emissions while creating value in property portfolios.
Prior to his involvement with Greenprint, Leitner served as chairman and global head of RREEF, the global real estate investment management business currently owned by Deutsche Bank. He joined RREEF in August 1988 after seven years of investment industry experience and became a partner in the firm in 1996. In 2001, Leitner assumed overall responsibility for RREEF’s U.S. real estate acquisition business. Deutsche Bank acquired RREEF in 2002 and, in 2004, Leitner became the global head of RREEF. In that capacity, Leitner led the globalization of the real estate and infrastructure businesses of Deutsche Asset Management under the RREEF brand. Prior to joining RREEF, he was associated with TIAA and GE Capital in real estate finance.
Leitner has served as a director for a variety of real estate entities including Dexus, a listed property trust in Australia, and DB Real Estate Investment GmbH, a Germany-based manager of global real estate funds. He is a trustee of the Urban Land Institute, on the board of directors of the Pension Real Estate Association, a member of the National Association of Industrial and Office Parks, and a member of the Real Estate Roundtable.
Leitner graduated from the University of Pennsylvania, where he serves as a trustee and a member of the Athletic Board of Overseers.
Kenneth W. Hubbard
Vice Chairman, ULI Greenprint Center
Executive Vice President, Hines
Kenneth Hubbard is a 30-year veteran of all phases of real estate development, management, and acquisition activities. He transitioned recently from his EVP/CEO position to become an entrepreneurial partner with Hines, currently working on various initiatives for the East Coast and the firm.
As a board member of Duke University, Hubbard serves on the Facilities and Environment Committee. He is also an Honorary Life Member of the Urban Land Institute, where he cochairs the Climate, Land Use, and Energy Committee. Hubbard remains active on the National Real Estate Council of the Trust for Public Land and the Global Agenda Council on the Future of Real Estate for the World Economic Forum.
Fred A. Seigel
President, Beacon Capital Partners
Fred Seigel is president and chief operating officer of Beacon Capital Partners, a Boston-based real estate investment firm. Beacon has sponsored seven investment vehicles representing over $11 billion of aggregate equity capital from various endowments, foundations, pension funds, sovereign wealth funds, and other institutional investors.
Prior to joining Beacon Capital Partners, Seigel was managing director of Latona Associates Inc., a private merchant bank. He also spent six years as founder, president, and director of Energy Capital Partners, which specialized in financing energy projects throughout the United States. He is a member of the Real Estate Roundtable and is cochairman of its Sustainability Advisory Committee.
Gary E. Anderson
Chief Executive Officer, Europe and Asia, Prologis
Gary Anderson has overall responsibility for managing Prologis’s private funds, raising additional capital, and working with regional presidents to lease and manage the company’s global platform. In January 2010, Anderson was appointed as a board member for Prologis European Properties, a publicly traded fund listed on Euronext and managed by Prologis. Prior to this, he was the company’s president of Europe and the Middle East, as well as chairman of the European Operating Committee.
Anderson received his MBA in finance and real estate from the Anderson Graduate School of Management at the University of California at Los Angeles and his bachelor of arts in marketing from Washington State University. He is a current member of the Young Presidents’ Organization.
President and Chief Executive Officer, Equity Office Properties
A seasoned real estate executive with more than 30 years’ experience in all facets of real estate investment activities, Tom August was previously president, chief executive officer, and a trustee of Prentiss Properties Trust, and had been president and chief operating officer of Prentiss since Prentiss’s initial public offering in October 1996.
From 1992 to 1996, August served as president and chief operating officer of a Prentiss affiliate, Prentiss Properties Limited Inc. From 1987 to 1992, he served as executive vice president and chief financial officer of Prentiss’s predecessor company. From 1985 to 1987, August served in executive capacities with Cadillac Fairview Urban Development Inc. In 1985, he was senior vice president of finance for Oxford Properties Inc. in Denver, an affiliate of a privately held Canadian real estate firm. Previously, he was a vice president of Citibank responsible for real estate lending activities in the Midwest.
Albert P. Behler
President and Chief Executive Officer, Paramount Group
Albert Behler spent the majority of his early career at Thyssen Handelsunion AG, where he held leading positions in the Middle East and the United States. Since October 1991, he has been president and chief executive officer of New York−based Paramount Group Inc. Established in 1968, Paramount remains one of the largest foreign full-service real estate organizations, with a solid track record in investment acumen. Behler is an active member of seven boards.
Matthew H. Birenbaum
Executive Vice President, Corporate Strategy, AvalonBay
Matthew Birenbaum is Executive Vice President of Corporate Strategy for AvalonBay Communities, Inc. AvalonBay is a fully integrated real estate investment and management company with a focus on costal high barrier to entry markets in the Northeast, Mid-Atlantic, Pacific Northwest and California. AvalonBay is an active developer, re-developer, and acquirer of luxury apartment communities. As of June 30, 2013, AvalonBay owned and managed over 80,000 apartments in 273 communities.
In his position, Mr. Birenbaum leads the development of the Company’s investment strategy and oversees the Brand Strategy, Design and Market Research functions. Prior to re-joining the company in 2011, Mr. Birenbaum had been the founding principal of Abbey Road Property Group, a boutique development and investment firm focused on infill multifamily and mixed-use projects in the greater Washington area. Former experience included development positions at EYA, where he was Senior Vice for this award-winning builder/developer of architecturally distinguished townhomes and condominiums, and Tishman Speyer Properties in both Houston and Northern Virginia. Mr. Birenbaum spent over seven years at AvalonBay in his first stint with the company from 1996 – 2003, developing a wide variety of luxury rental communities in formats ranging from garden apartments to midrise with structured parking to highrise with ground floor retail and underground parking. Upon his departure from AvalonBay, he was Regional Vice President of Development with responsibility for the Washington, DC, New Jersey and Chicago regions.
Mr. Birenbaum received a Bachelor of Arts degree from Brown University, where he graduated phi beta kappa, and a Masters Degree from The Kellogg Graduate School of Management at Northwestern University, where he graduated with honors. He has served on the board of the L’Enfant Trust, a historic preservation group in Washington, DC, is an active member of ULI, and is certified LEED-AP.
Chairman of the Board, Chief Executive Officer, AvalonBay
Bryce Blair previously held the positions of president, chief operating officer, and senior vice president of development, acquisitions, and construction at AvalonBay, a multifamily REIT headquartered in Alexandria, Virginia. He has overseen the development, construction, acquisition, and management of more than $10 billion of multifamily assets. Prior to the formation of Avalon Properties in 1993, Blair was a partner with Trammell Crow Residential from 1985 to 1993, overseeing multifamily investments in the New England area.
Blair is chairman of the National Association of Real Estate Investment Trusts (NAREIT), where he is also on the executive committee and the board of governors, and the Urban Land Institute, where he serves as a trustee and was past chairman of the Multifamily Council.
Blair received his master’s degree in business administration from Harvard Business School. He graduated magna cum laude with an undergraduate degree in civil engineering from the University of New Hampshire.
Senior Vice President, Director of Environmental Engineering,Sustainability & Corporate Responsibility. Prologis
Steve Campbell is responsible for Prologis’ global environmental, sustainability, and corporate responsibility programs. He oversees the development and implementation of initiatives consistent with the company’s commitment to sustainability and energy efficiency. In addition, his department directs the completion of property condition and environmental assessments in conjunction with the acquisition of properties, and provides engineering support in conjunction with Prologis’ capital deployment, capital markets, and private capital groups. He also provides services to Prologis’ global development and operations teams. Mr. Campbell has worked extensively in Asia, with a focus on Japan, Korea and China, where he has directed the development of large distribution facilities.
He is also responsible for Prologis’ environmental program in conjunction with the acquisition of environmentally challenged property. This program was specifically formed to acquire, develop, redevelop, renovate, remediate, finance, lease, maintain, operate and ultimately dispose of environmentally challenged industrial properties in core markets throughout the United States, Europe and Asia.
Prior to joining AMB in 1998, Mr. Campbell was Vice President for Versar, an infrastructure management and environmental engineering firm. In that role, he was the head of the engineering department and specialized in airport redevelopment and served as the program manager for the redevelopment of Washington Reagan National, Dulles International, and San Francisco International airports.
Mr. Campbell is a registered professional geologist, a certified hazardous materials manager and holds a degree in Geology from the University of California, Santa Barbara.
Managing Director, Head of Alternatives and Real Assets, Deutsche Asset and Wealth Management
Pierre Cherki is responsible for the management and strategic direction of the global real estate, infrastructure, and commodities investment businesses, with assets under management totaling €51.5 billion as of December 31, 2012, across 21 offices globally. Prior to his appointment as head of alternatives and real assets, Cherki was the global head of the real estate investment business (formerly RREEF Real Estate), responsible for managing more than €40 billion of assets under management. Since joining the firm in 1997 (then Banker’s Trust, acquired by Deutsche Bank in 1998), he was previously responsible for managing the real estate investment business in Europe and developing that business in central and eastern Europe.
Cherki graduated from Tel Aviv University with a BA in management and economics and holds an MBA from the Kellogg School of Management of Northwestern University.
Senior Managing Director, Blackstone Group
Since joining Blackstone in 1996, Frank Cohen has been involved in more than $50 billion of real estate investments, encompassing all property types. He played a key role in the public-to-private acquisitions of Equity Office Properties Trust, CarrAmerica Realty Corporation, and Trizec Properties. Most recently, he was responsible for Blackstone’s industrial venture investments, which include over 45 million square feet of facilities across the United States.
Prior to joining Blackstone, Cohen was in the acquisitions group at Heitman, where he was involved in numerous real estate acquisitions. He serves as a director for EOP, CarrAmerica, TRZ Holdings, and Blackstone’s industrial venture affiliate, as well as on the Kellogg Real Estate Advisory Board at Northwestern University.
Cohen received a BA from Northwestern University, where he graduated from the honors program in mathematical methods in the social sciences, with a double major in political science.
Chief Executive Officer, Jones Lang LaSalle
Colin Dyer has overall responsibility for guiding Jones Lang LaSalle’s strategic direction and growth, and for chairing the firm’s global executive committee. He is a member of the board of directors for this leading integrated global real estate services and investment management firm. Under his leadership, the firm’s revenues have more than doubled through organic growth and 33 strategic acquisitions. Dyer began his career as a client manager at McKinsey & Company.
Senior Managing Director, Head of Global Real Estate, TIAA-CREF
Thomas Garbutt is responsible for TIAA-CREF’s global real estate activities—both equity and debt—including transactions and joint ventures, portfolio and asset management, and strategy and research. He joined the TIAA-CREF organization in 1982 and has 30 years of experience in the real estate finance and investment industries.
Garbutt is a member of the Urban Land Institute, the Pension Real Estate Association, the National Association of Real Estate Investment Managers, and the Real Estate Roundtable.
He holds a BS in business administration from Binghamton University and an MS in real estate investment from New York University.
Scott M. Kelley
Founder & CEO, Aetos Capital Real Estate, LP
Mr. Kelley is the founder and CEO of Aetos Capital Real Estate, LP and has led each of the ACA funds. He has been responsible for making more than 50 investments in Japan, China and Korea totaling more than $10 billion in asset value. He has built a team of approximately 75 employees and a fund portfolio with companies that employ approximately 900 people in Japan and China. Mr. Kelley is a member of the Real Estate Roundtable, McIntire School of Commerce Advisory Board, Pension Real Estate Association, Urban Land Institute and The Executive Committee of Greenprint Foundation, and is a former director of the National Multi-Family Housing Council and the National Association of Real Estate Investment Trusts. Prior to launching the ACRE business in 2001, Mr. Kelley was at Morgan Stanley for 14 years where he led a number of the most innovative and important real estate transactions globally and was responsible for all international client matters. He was also a member of the Investment Committees for Morgan Stanley Real Estate Fund (MSREF) I, II and III and the Morgan Stanley Real Estate Special Situations Fund. Mr. Kelley received a Bachelor of Science from the McIntire School of Commerce at the University of Virginia and a Masters in Management with Distinction from the J.L. Kellogg Graduate School of Management at Northwestern University.
Principal, GLL Real Estate
A founding partner of GLL Real Estate Partners, Gerd Kremer has been both a principal and managing director since its inception. For the 11 years prior to creating GLL, Kremer was a senior manager with HypoVereinsbank, Germany´s then-second-largest bank, where he worked in international banking and finance focused on the institutional sector.
Kremer is widely credited as being one of the first to introduce international real estate funds to the German institutional market in the early 1990s, managing the structuring and formation of a range of commingled real estate funds representing approximately €2 billion in assets. He was a board member of one of the first funds dedicated to central and eastern European property investing.
Managing Director, Global Head of Investor Strategy and Client Services, BlackRock
Peter McNally, Managing Director, is Global Head of Investor Strategy and Client Services. He is responsible for overseeing investor strategy and services to clients and industry consultants with real estate investment interests, and leads business development activities.
Mr. McNally’s service with the firm dates back to 1999, including his years with SSR Realty Advisors, which merged with BlackRock in 2005. He was the cofounder and senior portfolio manager for BlackRock’s flagship value-added, open-end fund, the Diamond Fund and was responsible for establishing the Fund’s investment strategy, property sector selection, geographic diversification and financing/disposition activity. Prior to launching the Diamond Fund, Mr. McNally was the Senior Portfolio Manager for three separate account portfolios. Other roles include Senior Acquisition Director responsible for sourcing, negotiating and underwriting real estate equity investments throughout the eastern half of the US for all product types resulting in over $1.0 billion of acquisitions. Prior to joining the firm, he was with AEW Capital Management for four years where he worked in the areas of private high-yield real estate equity and core investing.
Mr. McNally earned a BS in business administration from Boston University in 1987 and a MS in real estate from Massachusetts Institute of Technology in 1996. He is a member of PREA and ULI and has authored several articles on the real estate investment management business as well as on office leasing. He is a past chairman of the M.I.T. Center for Real Estate Alumni Association.
Group Chief Executive, Grosvenor
Mark Preston MRICS (Group Chief Executive) joined Grosvenor in the UK in 1989. Seconded to Hong Kong in 1995, he returned to lead Grosvenor’s fund management operations in 1997, spent four years as President of Grosvenor USA from 2002, became Chief Executive of Grosvenor Britain & Ireland in 2006 and Group Chief Executive in 2008.
Mark currently holds two Non-Executive Directorships on the Boards of Persimmon Plc and Sonae Sierra SGPS. He is a Trustee of the Westminster Foundation and also a member of the Board of The Association of Foreign Investors in Real Estate, the ULI Greenprint Advisory Board and the (University of) Cambridge Land Economy Advisory Board.
Walter C. Rakowich
Chief Executive Officer, Prologis
Walter Rakowich’s 16-year career at Prologis has led steadily to his current role as CEO. He also serves as head of the executive committee. He served as president and COO from 2005 to 2008, and was managing director and chief financial officer from 1998 to 2005. Prior to that, Rakowich was senior vice president/director of the company’s Mid-Atlantic region, a role in which he was responsible for expanding the reach of Prologis to the leading logistics markets in the Midwest and Atlantic states.
Rakowich was a partner at real estate provider Trammell Crow Company for nine years. He launched his career as a senior audit and tax consultant for Price Waterhouse.
Chief Executive Officer, Prudential Real Estate Investors
J. Allen Smith is CEO of PREI, Prudential Financial Inc.’s real estate investment management and advisory business. PREI offers a broad range of investment opportunities and investment management services through specialized operating units in the United States, Europe, Asia, and Latin America.
Smith is a 20-year veteran with Prudential. Previously, he led its core investment activities, including its flagship equity real estate portfolio, a series of closed-end funds for German institutional investors, and Prudential’s product for defined contribution plans called the Prudential Retirement Real Estate Fund (PRREF). He is also a member of PREI’s investment and business management committees. Smith is a member of the Pension Real Estate Association and the Urban Land Institute. He also is on the advisory board of Cornell University’s Program in Real Estate.
Chairman, LaSalle Investment Management
In her role as chairman at LaSalle Investment Management, a global real estate money management firm investing in private real estate as well as publicly traded real estate companies on behalf of institutional and individual investors, Lynn Thurber advises the firm’s senior management team and serves as a member of several investment committees and advisory boards. She also chairs the Jones Lang LaSalle committee for the firm’s co-investment activity.
Thurber is a member of the board of Duke Realty Corporation, a U.S. publicly traded REIT; an adviser to Clerestory Capital Partners LLC, a global real estate fund of funds investment manager; a member of the board of Investa Property Group, an Australia-based real estate owner, developer, and fund manager; and a member of the Real Estate Information Standards Board. She is serving as the 2013−2015 chairman of the Urban Land Institute. Thurber formerly chaired the Pension Real Estate Association, and is also a past member of the board of directors and executive committee of the Association of Foreign Investors in Real Estate and the board of the Toigo Foundation. She is a member of the Chicago Network and the Wellesley College Business Leadership Council.
Thurber earned an MBA from Harvard Business School and an AB from Wellesley College.
President, Global Development, Starwood Hotels & Resorts Worldwide, Inc.
Turner is responsible for global development activities including property acquisitions and dispositions, and franchise and management growth.
Previously, Turner was Principal of a hotel investment advisory and asset management firm representing a high net worth Middle East investor. Turner previously served on the board of directors of Four Seasons Hotels, and Fairmont Raffles Hotels International. Earlier in his career, Turner held positions at Salomon Brothers, Pannell Kerr Forster, and Gustar Hoteliers.
Turner is a Trustee of the Urban Land Institute, was previously Vice Chairman of ULI’s hotel council, is a member of the Real Estate Roundtable, and a member of the Dean’s Advisory Board of the Cornell School of Hotel Administration.
Senior Portfolio Manager, CalPERS Investment Office
Laurie Weir is a Senior Portfolio Manager leading the Targeted Investment Programs for the California Public Employees’ Retirement System (CalPERS) Investment Office. In this capacity, she oversees key initiatives for all asset classes, such as California investment strategies, emerging manager and diversity investment programs, labor relations, and environmental sustainability. Weir currently co-chairs the United Nations Environmental Program Finance Initiative’s Property Working Group and represents CalPERS on the Board of the Urban Land Institute’s Greenprint Foundation.
Before joining CalPERS as a Portfolio Manager in May 2007, Weir served as Deputy Treasurer in the California State Treasurer’s Office. There, she was responsible for the oversight of tax credits and tax exempt bond allocations, and provided advisory services to California’s business, development, and finance communities. During her time in the Treasurer’s Office, Weir also served as the Executive Director of the California Debt Limit Allocation Committee, overseeing the allocation of the State’s $3 billion annual tax-exempt bond allocation.