Membership in The Real Estate Roundtable entitles members, or their designees, to personally participate in any or all of The Roundtable’s policy advisory committees, which form the backbone of The Roundtable’s policy development process. Currently, there are four policy advisory committees and one task force (see descriptions below).
Homeland Security Task Force (HSTF)
The Homeland Security Task Force (HSTF) enhances the real estate industry’s ability to meet its current and future security-related challenges by analyzing developments in the industry's approach to emergency preparedness on physical threats such as terrorism, crime and climate change and on an increasing variety of cyber threats.
The HSTF works regularly with various federal, state and local law enforcement agencies as well as agencies within the Office of the Director of National Intelligence (ODNI) community.
HSTF is co-chaired by Dan Kennedy (URW) and Charlie McGonigal (Brookfield). The HSTF includes senior security and risk management managers from a range of ownership, investment and management firms as well as staff from affiliated real estate trade organizations.
Real Estate Capital Policy Advisory Committee (RECPAC)
RECPAC analyzes national public policies that affect the real estate capital and credit markets. This committee also develops policy recommendations that encourage disciplined lending, foster sensible borrowing and result in adequate liquidity and realistic asset valuations for the industry.
RECPAC is co-chaired by Dennis Lopez (QuadReal Property Group) and Mark Myers (Wells Fargo). RECPAC consists of principal members from a broad spectrum of real estate investment, ownership and financial services companies.
The Research Committee identifies industry trends and tracks economic conditions to provides data that supports The Real Estate Roundtable's national policy agenda. They concurrently meet with the RECPAC.
The Real Estate Roundtable's Research Committee is co-chaired by Michael Bilerman (Citi Investment Research) and W. Edward Walter (Urban Land Institute).
Sustainability Policy Advisory Committee (SPAC)
SPAC focuses on a variety of environmentally and economically sustainable development policies that encourage high performance, energy efficient green buildings and progressive land use (e.g. brownfields redevelopment and transit-oriented development).
The Roundtable’s Sustainability Policy Advisory Committee (SPAC) is led by chairman Tony Malkin (Empire State Realty Trust) and Daniel Egan (Vornado Realty Trust) serving as vice chair.
Tax Policy Advisory Committee (TPAC)
TPAC focuses on federal tax law and regulation issues, with a focus on how public policies should reflect the realities of today’s real estate transactions, enable the industry to participate on a level playing field and facilitate economic growth to benefit the national economy.
TPAC is led by Frank G. Creamer, Jr. (FGC Advisors, LLC) as chairman, and Kathy Weiden (LeFrak) as vice chairman. TPAC members are leading experts on tax issues affecting commercial and multifamily real estate, and include representatives from the major national real estate trade associations.