Compensation Strategies Virtual

Description

Organized by the NAREIM Compensation Committee, this virtual meeting is intended to help you reconnect with peers and discuss year-end 2025 compensation and carried interest trends and retention strategies for 2026. 

Formatted as a live pulse survey and whole-room Q&A, this is your opportunity to share ideas and solutions, and ask detailed questions of peers.

Once registered, guests will be sent a calendar invitation with a Zoom link directly by NAREIM.

Note, only members of NAREIM's Executive Officer and Talent Management/HR groups will be eligible to participate. This meeting is not open to other functional groups. NAREIM reserves the right to refuse entry to any person at any time.

DETAILS

Wednesday, November 12
Virtual Meeting
Location: Zoom Link
Time: 2:00pm - 3:15pm EST

AGENDA

2:00pm: Welcome Comments

2:05pm: Year-end Compensation & Carried Interest Trends
Review of real-time year-end compensation and carried interest trends - with a forward look at potential 2026 trends. Expert presentation plus live member polling.

Session Leaders:

• Scott McIntosh, Director, Compensation Consulting, Ferguson Partners 
• Charlie Apfelbach, Managing Director, Head of Americas, Compensation Consulting, Ferguson Partners 

2:25pm: Retention Practices for 2025/26: What is Changing & What is Having an Impact?
In a downmarket, how are real estate investment management firms retaining key talent with little to no promote? How are firms innovating through real estate cycles? 

• Carried interest allocations for newly raised vehicles. Have firms adjusted their approach to carried interest allocations over the past 2-3 years? If so, how (e.g., broader eligibility, narrower eligibility, reallocation of points toward or away from certain functions/levels)? How do firms align carried interest allocations with value creation during tougher fundraising periods? 
  
  
• Retention for senior leaders. What are the key tools for retaining key personnel in today's market? 
  
  
• Communication strategies in 2025/26. How are firms communicating compensation and carried interest trends as they look to year-end 2025 and Q1 2026? How will firms weave these trends into year-end compensation discussions? 
  
  
• Compensation trends & innovation. How are firms innovating in terms of non-compensation awards? What is proving impactful in terms of retention?

3:15pm: End of Virtual Meeting

COMMITTEE 

Chair: Jim Strezewski, Blue Vista Capital Management
Co-Chair: Vadim Blikshteyn, Torchlight Investors

Lauren O'Neil, AEW Capital Management
Ravi Ragnauth, Berkshire Residential Investments
Kara Brown, Cabot Properties
Crystal Frey, Continental Realty Corporation