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Home More Real Estate

CareTrust REIT leads real estate investment trusts in female board membership

by Trading How
June 15, 2022
in Real Estate
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Sixty p.c of CareTrust REIT’s board members are girls, making it the chief on this regard amongst publicly traded actual property funding trusts, in accordance with an analysis by S&P World Market Intelligence.

The boards of Healthpeak Properties and LTC Properties have a 50/50 mixture of women and men, placing them in third and fourth place, respectively, on the 22-REIT listing, which makes use of information compiled Could 31. Forty p.c of Welltower’s board members are girls, the evaluation discovered.

Feminine illustration on REIT boards has been rising steadily since 2017, doubling over the previous eight years, in accordance with the evaluation. Nationally, girls now make up 27.7% of REIT boards, on common, up from 10.7% on the finish of 2014.

Healthcare REITs — a class into which CareTrust REIT, Healthpeak Properties, LTC Properties and Welltower fall — have the best median proportion of girls board members, at 36.4.%.

The evaluation included U.S. fairness REITs traded on the Nasdaq, NYSE or NYSE American as of Could 27, with girls consisting of at the least 40% of their boards. The median proportion of girls on the boards of firms on the listing was 43.7%.



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