The co-founder and chief executive officer of Dune Real Estate, Dan Neidich, will take over as chairman of the US real estate trade organization, the Real Estate Roundtable, next year after being appointed chairman-elect.
Neidich will start the traditional two-year term as chairman next June after being elected to the post last month. The Real Estate Roundtable is a policy forum for chief executive officers, which lobbies on behalf of the real estate industry.
Neidich, who founded Dune Capital Management with Steven Mnuchin and Chip Seelig in 2004 and created Dune's real estate arm in 2006, said in a statement, that in the current climate it would be challenging to capture the attention of politicians. But he added: “The Roundtable has earned a reputation for doing its homework and presenting solid analysis and commentary to policymakers.”
Current chairman, Hilton Hotels president and chief executive officer Christopher Nassetta, is in the final year of a three-year term, the Roundtable added. He will spearhead the body’s lobbying on real estate issues such as energy, taxation and the US economy.
With the US set to vote for a new President in November, Nassetta added that it was vital for the real estate industry to “speak with a unified voice.”
Members of this year’s Roundtable board also include GE Capital Real Estate president and chief executive officer Ronald Pressman; Capri Capital Partners chief executive officer Quintin Primo III; Richard Saltzman, president of Los Angeles-based Colony Capital and Doug Shorenstein, chairman and chief executive officer of Shorenstein Properties.