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CRE Finance World, Winter 2012

Letter from Stephen Renna Our GR team also provides CREFC Members and their government CREFC’s recent growth is also a result of the engaged and com- relations professionals with regular, valuable updates and “inside mitted leadership of President Jack Cohen, our Board of Gover- the Beltway” information on a range of activities in Washington, nors and our Executive Committee. All involved have a very clear helping them in turn to better prepare their own long-term strategies. vision of where CREFC is headed in the future and are working This overall “marketing” of CREFC to key policymakers is already skillfully — and tirelessly — to move us forward. paying dividends, and we are being contacted on a regular basis by a growing number of leaders in Washington for our input, comments My thanks to all involved and most especially to you, our Members. and guidance on proposed legislation and regulations. A trade association is only as successful as its membership, and the significant developments of the past several months are a Greater Focus on Strategic Initiatives direct result of your involvement, suggestions and enthusiastic All CRE Finance Council Members are encouraged to participate participation. I look forward to working with each of you in the in the wide range of activities in which we are involved, and we have coming year to further elevate the CREFC brand and our entire seen a significant (and growing!) number of them step forward to industry. Please consider who among your colleagues should be engage in these areas. Right now, CREFC volunteers are working included as members of CRE Finance Council, reach out to them toward the continued success of our association through their and encourage them to join. work on our policy and issue committees, groups participating in the ongoing development of standards and best practices, the Above all, I welcome your input, suggestions and continued leadership creation and circulation of industry- and sector-specific surveys, as we move CREFC to the next level. and numerous working groups. Taken as a whole, the committees — represented by a full range of industry and market participants — work every day to implement our current initiatives. We have also worked to further develop Stephen M. Renna our Task Forces, which provide rapid responses to the breaking Chief Executive Officer issues — from Wall Street to Pennsylvania Avenue — affecting CRE Finance Council our industry. Improving Our Staff Capability and Expertise Restructuring of CREFC’s staff, the addition of several new team members, and the redistribution of several key responsibilities among current team members have enabled us to execute the CREFC mission at even higher levels of achievement, recognition and success. A publication of Winter issue 2012 sponsored by CRE Finance World Winter 2012 5


CRE Finance World, Winter 2012
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