NEWS & NOTABLES
WASHINGTON, DC–Thomas W. Toomey, CEO of UDR, has been named the new Global Chairman of the Urban Land Institute. Toomey, a longtime ULI member, ULI Trustee and ULI Foundation Governor, will serve a two-year term that ends June 30, 2019.
“What ULI brings to real estate is a global knowledge network that consists of our members, and that is unique,” Toomey said. “One of the most important things I can do as Global Chairman is help members take full advantage of ULI's vast knowledge base to strengthen the impact they are making in cities worldwide.”
During his term, Toomey plans to focus on several critical areas, including expanding ULI's advisory services program — ULI is aiming to further open the program to more members and more communities — and expanding ULI's membership to include more offerings for entire companies, rather than just individuals.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
