NAREIT 2007-2008 Board of Governors

Chair Martin E. (Hap) Stein, Jr. President and CEO Regency Centers Corporation President & CEO Steven A. Wechsler NAREIT First Vice Chair Jeffrey H. Schwartz Chairman and CEO ProLogis Second Vice Chair Constance B. Moore President and CEO BRE Properties, Inc. Treasurer Debra A. Cafaro Chairman, President and CEO Ventas, Inc.
	Andrew M. Alexander President and CEO Weingarten Realty Investors Kenneth Bernstein President and CEO Acadia Realty Trust Bryce Blair Chairman and CEO AvalonBay Communities, Inc. David M. Brain President and CEO Entertainment Properties Trust Jon E. Bortz Chairman, President and CEO LaSalle Hotel Properties John Bucksbaum CEO General Growth Properties, Inc. Richard J. Campo Chairman and CEO Camden Property Trust Richard B. Clark President and CEO Brookfield Properties Corporation Arthur M. Coppola President and CEO The Macerich Company Michael A.J. Farrell Chairman, President and CEO Annaly Capital Management, Inc. James F. Flaherty III Chairman, President and CEO HCP, Inc. Edward J. Fritsch President and CEO Highwoods Properties, Inc. Laurence S. Geller President and CEO Strategic Hotels & Resorts, Inc. Jonathan D. Gray Senior Managing Director Blackstone Real Estate Advisors Randall M. Griffin President & CEO Corporate Office Properties Trust Keith R. Guericke President and CEO Essex Property Trust, Inc. William P. Hankowsky Chairman, President and CEO Liberty Property Trust Ronald L. Havner, Jr. Vice Chairman, President and CEO Public Storage, Inc. Philip L. Hawkins Chief Executive Officer DCT Industrial Trust, Inc. Mitchell E. Hersh President and CEO Mack-Cali Realty Corporation Rick R. Holley President and CEO Plum Creek Timber Company, Inc. David H. Hoster II President and CEO EastGroup Properties, Inc.		John B. Kilroy, Jr. President and CEO Kilroy Realty Corporation Charles B. Lebovitz Chairman and CEO CBL & Associates Properties, Inc. Alan M. Leventhal Chairman & CEO Beacon Capital Partners, LLC Edward H. Linde President & CEO Boston Properties, Inc. Peter S. Lowy Joint CEO The Westfield Group David J. Neithercut President and CEO Equity Residential Dennis D. Oklak Chairman and CEO Duke Realty Corporation Jeffrey S. Olson Chairman and CEO Equity One, Inc. Ronald R. Pressman President and CEO GE Real Estate Charles A. Ratner President and CEO Forest City Enterprises, Inc. Steven G. Rogers President and CEO Parkway Properties, Inc. R. Scot Sellers Chairman and CEO Archstone-Smith David E. Simon Chairman and CEO Simon Property Group David P. Stockert President and CEO Post Properties, Inc. Jay Sugarman Chairman and CEO iStar Financial Inc. Gerard H. Sweeney President & CEO Brandywine Realty Trust Robert S. Taubman Chairman, President and CEO Taubman Centers, Inc. C. Reynolds Thompson, III CEO Colonial Properties Trust Garrett Thornburg Chairman and CEO Thornburg Mortgage, Inc. Thomas W. Toomey President and CEO United Dominion Realty Trust Scott A. Wolstein Chairman and CEO Developers Diversified Realty Corporation Donald C. Wood President and CEO Federal Realty Investment Trust

Past Chairs (Ex-Officio)

Stanford J. Alexander Chairman Weingarten Realty Investors Milton Cooper Chairman and CEO Kimco Realty Corporation Steven J. Guttman Former Chairman and CEO Federal Realty Investment Trust John P. McCann Former Chairman UDR, Inc. Hamid R. Moghadam Chairman and CEO AMB Property Corporation William Newman Chairman New Plan

Kenneth B. Roath Former Chairman HCP, Inc. Steven Roth Chairman and CEO Vornado Realty Trust William D. Sanders Co-Chairman Verde Realty Warren E. (Ned) Spieker, Jr. Partner Spieker Partners Samuel Zell Chairman Equity Group Investments, LLC Equity Lifestyle Properties Equity Residential PropertiesTrust

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