NCREIF and PREA, the sponsors of the Reporting Standards are pleased to announce the Reporting Standards Board of Directors for 2021.  Members are:

  • Jim Allen, Managing Director and Fund CFO, Starwood Capital Group
  • Tony Breault, Senior Real Estate Investment Officer, Oregon State Treasury
  • Michael Fogliano, Senior Portfolio Manager, Real Estate, State Board of Administration of Florida
  • Cristiano Machado, CFO Real Estate Funds, Brookfield Property Group
  • Paul Quinlan, Managing Director and CFO, Real Estate, Blackstone
  • Jim Strezewski, CFO, Blue Vista Capital Management
  • Allison Yager, Partner, Global Leader-Real Estate, Mercer

In addition, NCREIF PREA Reporting Standards Board announced that Paul Quinlan, Chief Financial Officer of Blackstone Real Estate, has been appointed Chair of the Reporting Standards Board.  Mr. Quinlan previously served as Vice Chair of the Reporting Standards Board and replaces Cristiano Machado, Chief Financial Officer of Brookfield Real Estate Funds, who served as Chair since January 2019 and will continue as a Board Member.   The Reporting Standards were established over 25 years ago to establish transparent and consistent reporting standards for the Real Estate industry to facilitate informed investment decision making. 

John Caruso, Global Head of Fund Finance for Nuveen Real Estate and Chair of the Reporting Standards Council, said “I welcome Paul’s appointment as Chair on behalf of our entire Reporting Standards community.   During his time on the Board, Paul has demonstrated leadership and collaboration with his colleagues across the Real Estate investment community – including institutional investors, investment managers and professional services firms – to help drive our strategy and execution.  I’d also like to thank Cristiano for his service as Chair and we look forward to continuing to work together with both him and Paul.”

Paul Quinlan said “I am excited to take on this leadership role on the Reporting Standards Board. Providing a transparent, best-in-class reporting experience for LPs is critical, and, in this role, I will work closely with my colleagues on the Board and Council to enhance adoption of the recently issued 2020 Reporting Standards and our other ongoing key Reporting Standards initiatives.  Everyone in the real estate investment industry wins when we have thoughtful and clear reporting standards, and I look forward to continuing to work towards this goal.”