CONGRESS CREATES REAL ESTATE CAUCUSThe National Real Estate Organizations (NREO NREO National Resource Education Outreach ), a coalition of 12 national real estate associations, last month applauded the leadership of Representatives Richard Neal (D-MA) and Phil English (R-PA) in creating the Congressional Real Estate Caucus - a bipartisan group of Members of Congress interested in protecting and promoting one of this nation's most important industries - real estate. As America renews its focus on healthy communities, the real estate sector is prepared to play an enhanced role in those neighborhoods. From environmental initiatives to urban renewal efforts, real estate is a key component of our vision for the future. The Caucus will serve as a forum for Members and invited guests in the real estate field to ensure federal policies facilitate real estate's continued contributions to the national, state, and local economies. Co-chaired by Neal and English, the Caucus was announced during the 1998 Real Estate Summit on Capitol Hill May 12. 'We are very pleased to see so many Members of Congress here to learn more about the importance of real estate in America,' said NAA NAA Nomina Anatomica Avium. 1998 President Jerry Molique, CAPS, CPM. 'The real estate industry provides jobs, contributes to the economy, and is vital to every aspect of American life. We provide homes, offices, industrial facilities, recreational areas, and on and on. Real estate is the foundation on which everything is built.' The 1998 Real Estate Summit, at which the Caucus was announced, brought together real estate practitioners and key policy makers to discuss the relationship between a healthy real estate sector and the country's continued economic growth. Key events included presentations by Michael R. Bloomberg, president of Bloomberg Financial; former Mayor and Congressman William Hudnut; Richard D. Baron of McCormack Baron & Associates and panel presentations on the changing role of real estate and emerging trends in deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. , taxation, and securitization. NREO is a coalition of 12 national real estate groups who work together to promote responsible legislation and regulation for a sound and productive real estate economy. Collectively, NREO represents more than 2 million members and companies that own, build, manage, and finance commercial and residential property. Members include: American Resort Development Association The American Resort Development Association ("ARDA") is a professional association representing the USA vacation ownership and resort development industry, also referred to as the timeshare industry. ; Building Owners and Managers Association This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. International; International Council of Shopping Centers The International Council of Shopping Centers (ICSC) is an international trade association of the shopping center industry. The organization, founded in 1957, has 65,000 members worldwide, which include shopping center owners, developers and managers, as well as other individuals, ; Manufactured Housing Institute; Mortgage Bankers Association of America; National Association of Home Builders The National Association of Home Builders (NAHB) is one of the largest trade associations in the United States. Headquartered in Washington, DC, the association organizes one of the largest conventions in North America, The International Builders' Show, which draws more than ; National Association of Industrial and Office Properties; National Association of Real Estate Investment Trusts; National Association of Realtors The National Association of Realtors (NAR) is made up of residential and commercial realtors who are brokers, salespeople, property managers, appraisers, and counselors, and others working in the real estate industry. ; National Multi Housing Council; National Apartment Association; and National Realty Committee. |
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