Gray Tops Executive of the Year Awards — Again

By Suzann D. Silverman, Editorial Director

Jonathan Gray’s continued acquisition pace once again led the CPE 100 to vote him CPE’s Executive of the Year in 2012. Reflecting another year of multibillion-dollar purchases that have taken the company to a powerful $50 billion in managed assets, he took home the top prize in the 16-year-old peer-voted Executive of the Year awards program for the second consecutive year.

A number of other repeat winners also graced the list, although some new names won commendations, as well. Michael Fascitelli, David Simon, Christopher Nassetta, Hamid Moghadam and Richard Ader once again took first place in the property categories, with Simon also achieving first place as Investor of the Year. Last year’s honorable mention winners Peter Roberts and Shekar Narasimhan won first-place honors this year. 2011 first-place winners Debra Cafaro, Jeffrey Hines and Michael Berman all placed again this year (with Cafaro and Hines the only ones to achieve two honorable mention awards this year), while last year’s Lifetime Achiever, Charles Ratner, was awarded honorable mention in the Developer of the Year category.

Besides Simon, only one other first-place winner was named for a second award: Newcomer to the list Maggie Coleman, a Star to Watch earlier this year (see the March 2012 issue of CPE) and the new Rising Leader, also won honorable mention as Female Leader of the Year.

This year, Gerald Hines was recognized as the Lifetime Achiever, reflecting his long history as a real estate development innovator. The board is asked to select only a first-place winner for this career-achievement honor.

CPE’s peer-voted awards competition continues a tradition begun by predecessor Commercial Property News. Determined by a ballot vote among the CPE 100, an elite group of industry presidents and CEOs, the awards recognize those who have achieved success and made exemplary decisions to advance their companies and the industry in the preceding year. Most of the 17 awards categories this year featured a first-place winner and two honorable mentions.

Following is a list of winners and honorable-mention recipients. Click here to review the winners’ achievements of the past year. Click here for the accomplishments of the honorable-mention recipients.

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The 2012 first-place winners include:

Executive of the Year
Jonathan Gray, Senior Managing Director & Co-Head of Real Estate, The Blackstone Group L.P.

 

Investor of the Year

David Simon, Chairman & CEO, Simon Property Group Inc. 

 

Developer of the Year
Patrick Duncan, Chairman & CEO, USAA Real Estate Co. 

 

Financier of the Year
Thomas Garbutt, Senior Managing Director & Head of Global Real Estate, TIAA-CREF 

 

Service Executive of the Year
Peter Roberts, CEO, Jones Lang LaSalle Inc. 

 

Lifetime Achievement Award

Gerald Hines, Founder & Chairman, Hines 

 

Innovator of the Year
Shekar Narasimhan, Managing Partner, Beekman Advisors

 

Sustainability Executive of the Year
Jon Ratner, Vice President of Sustainability Initiatives, Forest City Enterprises Inc.

 

Diversity Executive of the Year
Charmaine Brown, Director of Diversity and Inclusion, Forest City Enterprises Inc.

 

Female Leader of the Year
Grace Huebscher, President & CEO, Beech Street Capital 

 

Rising Leader
Maggie Coleman, Senior Vice President, Jones Lang LaSalle Inc.

 

Retail Property Executive of the Year
David Simon, Chairman & CEO, Simon Property Group Inc.

 

Multi-Family Property Executive of the Year
Bob Faith, Founder & CEO, Greystar

 

Office Property Executive of the Year
Michael Fascitelli, President & CEO, Vornado Realty Trust

 

Industrial Property Executive of the Year
Hamid Moghadam, Chairman & Co-CEO, Prologis Inc.

Walt Rakowich, Co-CEO, Prologis Inc. 

 

Hotel/Hospitality Property Executive of the Year
Christopher Nassetta, President & CEO, Hilton Worldwide Inc.

 

Net Lease Property Executive of the Year
Richard Ader, Chairman & Managing Partner, U.S. Realty Advisors L.L.C.

 

The 2012 honorable-mention recipients include:

Executive of the Year
Debra Cafaro, Chairman & CEO, Ventas Inc.
Jeffrey Hines, President & CEO, Hines

 

Investor of the Year
George Chapman, Chairman, President & CEO, Health Care REIT

 

Developer of the Year
Charles Ratner, Chairman, Forest City Enterprises Inc.
Stephen Ross, Executive Chairman, The Related Cos.

 

Financier of the Year

Robert Merck, Head of Real Estate and Agricultural Business, MetLife

John Pelusi Jr., Executive Managing Director & Managing Member, Holliday Fenoglio Fowler L.P.

 

Service Executive of the Year
Mark Burkhart, Formerly CEO, Cassidy Turley
Brett White, CEO, CBRE Group Inc. 

 

Innovator of the Year
Michael Berman, Executive Vice President of Government Affairs, Walker & Dunlop Inc.
Debra Cafaro, Chairman & CEO, Ventas Inc.

Sustainability Executive of the Year
Jeffrey Hines, President & CEO, Hines
Anthony Malkin, President, Malkin Properties, W&H Properties, Malkin Holdings L.L.C. & Malkin Securities Corp. 

 

Diversity Executive of the Year
Jimmie Paschall, Global Diversity Office & Senior Vice President of External Affairs, Marriott International
Angela Roseboro, Chief Diversity Officer, Executive Vice President & Regional Director, Jones Lang LaSalle Inc. 

 

Female Leader of the Year
Maggie Coleman, Senior Vice President, Jones Lang LaSalle Inc.

Pamela Bundy Foster, President & CEO, Bundy Development Corp. 

 

Rising Leader
David Cheikin, Vice President of Leasing, Brookfield Office Properties
Stephen Rossetta, Executive Vice President & Market Leader, Cushman & Wakefield Inc. 

 

Retail Property Executive of the Year
Peter Lowy, Co-CEO, The Westfield Group

Sandeep Mathrani, CEO, General Growth Properties Inc.

 

Multi-Family Property Executive of the Year
Richard Campo, Chairman & CEO, Camden Property Trust
Timothy Naughton, CEO, AvalonBay Communities Inc.

 

Office Property Executive of the Year
Peter Bren, Chairman, and Charles Schreiber Jr., CEO, KBS Realty Advisors

Ric Clark, Chairman, Brookfield Office Properties

 

Industrial Property Executive of the Year 
Timothy Gunter, President & CEO, IDI

Dennis Oklak, Chairman & CEO, Duke Realty Corp.

 

Hospitality Executive of the Year
Jay Shah, CEO, Hersha Hospitality Trust
Arne Sorensen, President & CEO, Marriott International

 

Net Lease Executive of the Year
T. Wilson Eglin, President, CEO & Trustee, Lexington Realty Trust
Bruce MacDonald, Co-Founder & President, Net Lease Capital Advisors

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