Two Major CRE Orgs Name New Leaders

Two of the largest trade associations in the commercial real estate industry are getting some high-powered new leadership in the New Year.

The powerful International Council for Shopping Centers (ICSC) has tapped Brad Hutensky as the organization’s next chairman for the 2012-2013 term. He is expected to be installed at the ICSC’s annual RECon conference in May in Las Vegas. 

Hutensky, 49, is president and principal of Hutensky Capital Partners and one of ICSC’s most active volunteers. He is a past member of ICSC’s Board of Trustees and has devoted himself to a diverse range of activities within the association since joining in 1988.

“Brad brings a very deep understanding of ICSC to the association, with his years of volunteer leadership positions, at a time when ICSC is striving to do more for its members and an industry in recovery,” said ICSC President and CEO Michael P. Kercheval. “He combines this with a broad knowledge of retail real estate and capital markets and is thus particularly ideally suited to serve as ICSC’s worldwide chairman at this time.”

The apartment industry also is getting some new leadership experience in the form of Thomas Bozzuto, a veteran of the apartment industry, who was named chairman of the National Multihousing Council (NMHC) on January 18.

In his full-time day job, Bozzuto is Chairman and Chief Executive Officer of The Bozzuto Group, to serve a two-year term as the Council’s Chairman. Headquartered in the Washington, D.C. area, The Bozzuto Group is a diversified residential real estate company that provides a broad range of real estate services throughout the Mid-Atlantic and Northeast.

As NMHC Chairman, Bozzuto will lead an NMHC agenda focusing on such priorities as advocating for a balanced housing policy – one which acknowledges the important role rental housing plays in meeting the needs of America’s workforce – and enhancing access to affordable debt. In addition, he plans to continue successful initiatives to build connections among NMHC members and within the apartment industry.

“Through changing demographics and savvy consumer choices, we’re seeing a seismic shift in the demand for apartment living,” said Bozzuto. “My main priority over the next two years will focus on creating an environment on Capitol Hill and in the capital markets that will ensure we can meet the country’s need for millions of apartments over the next decade.”