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AFRT boss elected NAREIT governor.

American Financial Realty Trust announced that Nicholas S. Schorsch, Vice Chairman, President and Chief Executive Officer, has been elected to the 2006 National Association of Real Estate Investment Trusts Board of Governors.

The National Association of Real Estate Investment Trust (NAREIT), a trade association representing over 200 REITs and publicly traded real estate companies, is holding its annual conference November 2-4, 2005 in Chicago.

According to NAREIT bylaws, the newly elected board members will serve a consecutive three year term beginning November 2005 and running though November 2008. Schorsch's responsibilities as a board member will include attending board meetings and steering NAREIT policy and political initiatives.

"I am honored to be elected to serve on the NAREIT Board of Governors," says Nicholas S. Schorsch.

"For more than 45 years, NAREIT has served as an incredibly important voice representing the interests of REITs as well as hundreds of thousands of individual investors who depend on the association's leadership to position the industry for growth. "I look forward to representing America Financial Realty in this new leadership capacity and serving with distinction for the next three years."
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Nov 16, 2005
Words:185
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