About PREASocial Impact Committee
Committee Co-Chairs
Yvonne Nelson
Jacques Gordon
LaSalle Investment Management
Committee Members
Ivan Barron
PREA Foundation
Christina Chiu
Empire State Realty Trust
Lionel Foster
Camber Creek
Devin Glenn
Blackstone
Deepa Janha
Langdon Park Capital
Danita Johnson
Maryland State Retirement and
Pension System
Heather Meyerdirk
DivcoWest
Rachel Mavrothalasitis
Turner Impact Capital
Kaylee McCall Correa
Elion
Meagan Nichols
Goldman Sachs Asset Management
Jennifer Stevens
Alliance Global Advisors
Suzanne West
Epic Advisory
Kenneth M. Wisdom
Portfolio Advisors, LLC
Purpose
The PREA Social Impact Committee will, in conjunction with PREA staff, work to keep PREA members informed about social issues in commercial real estate investment, including definitions and current issues, risks, benefits, measurement, and any other relevant issues at the discretion of the committee. Issues to be addressed may include diversity and inclusion, community impact, stakeholder relations, health and safety, human rights and labor standards, tenant amenities, controversial tenants, and any other relevant issues at the discretion of the committee.
Membership
The PREA Social Impact Committee shall be comprised of approximately ten individuals, including two co-chairs of the committee. In addition to the ten individuals, the Executive Director of the PREA Foundation shall serve as an ex officio member of the committee. Best efforts will be made to create a committee that is diverse by gender and cultural identity, and include members from institutional investors, investment managers, consultants and, when appropriate, academics.
Term
- Members will serve staggered three year terms, renewable once.
- Co-chairs shall serve three years as chair and the terms as co-chairs is not renewable (although they may renew as members of the committee).
Tasks
- Work to educate the PREA membership on social issues in commercial real estate investment.
- The committee will work with PREA to promote the incorporation of social considerations in real estate investments, while acknowledging the importance of the financial performance of investments.
- When appropriate, the committee may recommend best practices or provide examples to the broader membership of successful incorporation of social issues into real estate investments at either the portfolio or asset level.
- When dealing with issues of diversity and inclusion within the real estate investment management industry, the committee will coordinate with the PREA Foundation to ensure no redundant efforts.
