Real Estate Roundtable Inc.

Overview

The Real Estate Roundtable Inc. is a nonprofit association and lobbying organization based in the United States, primarily focused on public policy related to the real estate industry. It acts as a think tank, providing a unified voice for the sector by analyzing and advocating for policies that impact real estate development, investment, and management.

Purpose and Activities

The organization aims to advance national policies that foster economic stability, job growth, and long-term economic expansion. It works closely with top leaders in the real estate industry, including publicly-held and privately-owned companies, developers, lenders, and real estate trade associations. The Real Estate Roundtable is committed to shaping policies that promote sound real estate investment and development.

Structure and Membership

Membership in the Real Estate Roundtable is divided into two tiers: Roundtable and President's Council. Both tiers are capped at 100 members and are offered by invitation. The majority of members represent national real estate entities or major trade associations, with a diverse composition including public and private enterprises, financial services, asset managers, and trade associations.

Committees and Initiatives

The organization operates several committees that address specific policy areas:

• Tax Policy Advisory Committee: Focuses on tax reforms that encourage environmentally responsible real estate investment.
• Sustainability Policy Advisory Committee (SPAC): Promotes sustainable development by focusing on green buildings, brownfields redevelopment, and related policies.
• Real Estate Capital Policy Advisory Committee (RECPAC): Works to advance policies that support robust capital formation and credit capacity for housing and real estate development.
• Homeland Security Task Force (HSTF): Enhances industry preparedness for security challenges including terrorism, crime, and cyber threats.
• Equity, Diversity, and Inclusion Initiative: Aims to foster diversity within the real estate sector.
• Research Committee: Tracks industry trends and economic conditions to inform policy positions.

Financial Overview

The Real Estate Roundtable generates most of its revenue from program services. A significant portion of its expenses goes towards executive compensation and other salaries.

Historical Background

The organization has its roots in the National Realty Committee (NRC), which was founded in 1985 and later transformed into The Real Estate Roundtable in 1999. Over the years, it has expanded its scope to include various initiatives such as the formation of the Real Estate ISAC (Information Sharing and Analysis Center) for security coordination.

Impact

The Real Estate Roundtable plays a critical role in the U.S. economy by advocating for policies that support the real estate sector, which is a significant contributor to GDP and employment. Through its advocacy efforts, the organization seeks to ensure that real estate development remains a vital component of national economic growth.

[1] https://en.wikipedia.org/wiki/The_Real_Estate_Roundtable [2] https://www.rer.org/committees-initiatives/ [3] https://projects.propublica.org/nonprofits/organizations/521128863 [4] https://www.rer.org [5] https://www.guidestar.org/profile/52-1128863