For more information, contact: Cheryl Pan at +852 2586 7887; email: [email protected]

Hong Kong (July 3, 2015) – The Urban Land Institute (ULI) welcomes five new members to the ULI Foundation Board of Directors, each of whom started serving their terms July 1, 2015.

The ULI Foundation Board of Directors provides leadership for the Foundation, which serves as the philanthropic source of funding for ULI through major gifts, endowment funds, and ULI Annual Fund contributions to support the Institute’s key programs, activities, and services.

The new ULI Foundation Board members are: ULI Board of Directors Member Stephen Navarro, Executive Vice-President, CBRE, Greenville, S.C. and President and CEO of The Furman Co., also based in Greenville, S.C.; Treasurer Cia Buckley Marakovits, Chief Investment Officer, Dune Real Estate Partners, LP, New York, N.Y.; Secretary Stephen Quazzo, Chief Executive Officer, Pearlmark Real Estate Partners, LLC, Chicago, Ill.; Michael Fascitelli, MDF Capital, New York, NY; and Greg Vogel, Chief Executive Officer, Land Advisors Organization, Scottsdale, Ariz.

“These exceptional leaders exemplify ULI’s tradition of giving back,” said ULI Foundation Chairman Geoffrey Stack, Managing Director and Principal, SARES-REGIS Group, Irvine, Calif. “I am very pleased to welcome them to the Foundation board. Their participation will strengthen the Foundation’s support of ULI’s work, and as a result, strengthen ULI’s impact.”

In addition to Stack, the new board members are serving with the following existing board members: ULI Global Chairman Randall Rowe, Chairman, Green Courte Partners, LLC, Lake Forest, Ill.;  ULI Chairman Emeritus James Klingbeil, Chairman and Chief Executive Officer, Klingbeil Capital Management, San Francisco, Calif.;  ULI Global Chief Executive Officer Patrick L. Phillips; ULI Annual Fund Chairman Michael Hayde, Chief Executive Officer, Western National Group, Irvine, Calif; ULI Charitable Trust Chairman Michael Spies, Senior Managing Director, Europe and India, Tishman Speyer, London; James Ratner, Executive Vice President, Forest City Enterprises, Inc. and Chairman and Chief Executive Officer, Forest City Commercial Group, Cleveland, Ohio; John Hagestad, Managing Director and Principal, SARES-REGIS Group, Irvine, Calif.; and Melinda Masson, Chief Executive Officer, Masson Strategic Advisors, LLC, Laguna Beach, Calif.

About the Urban Land Institute

The Urban Land Institute (www.uli.org) is a nonprofit education and research institute supported by its members. Its mission is to provide leadership in the responsible use of land and in creating and sustaining thriving communities worldwide. Established in 1936, the Institute has nearly 35,000 members worldwide representing all aspects of land use and development disciplines, including more than 1,850 in Asia.