Michael Grupe
Executive Vice President, Research & Investment Affairs
National Association of Real Estate Investment Trusts

Michael R. Grupe is Executive Vice President for Research and Investor Outreach at The National Association of Real Estate Investment Trusts (NAREIT). NAREIT is the representative voice for real estate investment trusts (REITs) and publicly traded real estate companies worldwide with an interest in U.S. real estate and capital markets. At NAREIT, he directs all research and investor outreach activities related to the collection and distribution of statistics on industry growth and development, analysis of real estate investment performance and communication with investors, policymakers and the public. He also acts as liaison to the press on technical issues involving REIT industry performance and practice.

Before joining NAREIT, Michael was Chief of Mortgage and Consumer Finance in the Division of Research & Statistics at the Board of Governors of the Federal Reserve System in Washington, DC. Prior to his position at the Fed, Michael was senior vice president for mortgage-backed securities research at the investment-banking firm of Kidder, Peabody & Company in New York.

Michael also teaches a course on real estate investment trusts at the Georgetown University Master of Professional Studies in Real Estate Program in the School of Continuing Studies.

Michael earned his Ph.D. degree in business-statistics from The University of Wisconsin. He is a member of the American Real Estate Society and the Advisory Board of the Real Estate Research Institute.