NAIOP Massachusetts, The Commercial Real Estate Development Association, has announced that it has named its 2015 Board Management Committee, led by Chairwoman (and 2014 President) Marci Loeber of Griffith Properties and President Steve Marsh of MIT Investment Management Company. The Committee oversees the Chapter’s Board of Directors.
Incoming President Steve Marsh is Managing Director of Real Estate for the Massachusetts Institute of Technology Investment Management Company, where he manages over $1.5 billion in real estate investments. Steve is overseeing development in Cambridge’s Kendall Square, the model of a successful business/government/academic development plan and collaboration. While his chief responsibility involves the creation and maintenance of value for the Institute’s endowment and pension funds, his responsibilities extend to all aspects of real estate investment, acquisition, development, disposition and portfolio management activities relating to these portfolios.
“We are thrilled to have a strong and decisive leader like Steve, with his institutional knowledge and insight into the Commonwealth’s commercial real estate industry, as one of our leading voices,” said David Begelfer, CEO of NAIOP Massachusetts. “With Steve and Marci setting our 2015 agenda, our chapter will continually evolve to meet the ever-changing needs of our members.”
Joining Loeber and Marsh on the Board Management Committee are Past Chairs, Brian Kavoogian of Charles River Realty Investors, Paul Marcus of Marcus Partners and Tom DeSimone of WS Development as well as President-Elect Dennis Clarke of Cummings Properties, Secretary Ed Marsteiner of National Development and Treasurer Doug Karp of New England Development
NAIOP Massachusetts also announced new additions to its leadership with the 2015 Nominees to the Chapter’s Board of Directors. Kimberly Sherman Stamler, Chief Operating Officer at Related Beal and Sara Shank, Managing Director at Beacon Capital Partners, both rising leaders in Boston’s real estate community, will join the Board this year.