The CRE Finance Council (CREFC) announced that President and CEO Lisa Pendergast is planning to retire on or about Aug. 3 after a decade of trade association leadership.
Prior to her CREFC role, she held senior positions at Jefferies, Royal Bank of Scotland, and Prudential Securities. She served as CREFC’s chairperson in 2010–2011 and was a member of its board of governors for more than nine years.
“Under Lisa’s exceptional leadership, CREFC has strengthened its role as the commercial real estate finance industry’s central forum for dialogue, advocacy, and market intelligence,” said Leland F. Bunch III, managing director at Bank of America and chairman of CREFC’s executive committee and board of governors. “The board has launched a thoughtful and thorough search process to ensure a seamless new CEO transition to continue CREFC’s success.”
“Leading CREFC has been one of the greatest honors of my career,” said Pendergast. “I am incredibly proud of what we have built together; a strong, collaborative organization that serves as the voice of the commercial real estate finance industry both in the markets and in Washington, DC. I remain fully committed to CREFC and to ensuring a smooth and orderly transition.”
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