Washington and Lee alumnus Hap Stein, of the Class of 1974, received the 2012 National Association of Real Estate Investment Trusts (NAREIT) Industry Leadership Award at REITWorld 2012: NAREIT’s Annual Convention for All Things REIT, in San Diego. He is the chair and CEO of Regency Centers Corp.
Hap and others received the award on Nov. 12 for “outstanding contributions to the REIT industry and to NAREIT’s own programs,” said W. Edward Walter, president and CEO of Host Hotels and Resorts and 2013 NAREIT chair, at the awards ceremony.
Hap received the Edward H. Linde Leadership Award, named after the late CEO of Boston Properties, for “consistently giving generously of his time to participate in NAREIT’s Washington Leadership Forum events and providing leadership and support for NAREIT’s Investor Outreach program."
An emeritus trustee of W&L, Hap served as NAREIT’s chair in 2008 and vice chair in 2007 and on its executive committee from 2003 to 2010. Stein was also credited with making Regency Centers an industry leader in sustainability initiatives.
Regency Centers owns, operates and develops retail centers in most major U.S. markets. Hap has served as CEO since the company’s initial public offering in 1993 and as chairman since 1999. While Regency has developed office, residential and commercial property, Hap is credited with sharpening the company’s focus on its current niche: grocery-anchored shopping centers.