Reit Magazine - January/February 2021 - 48

Citi's Michael Bilerman Leans on
Deep Industry Experience to Offer
Market Insights for 2021
BY BETH MATTSON-TEIG

As managing director and
head of real estate and lodging research at Citi, Michael
Bilerman and his team cover
some 90 real estate and lodging equity securities and have
consistently been ranked as
a top team in external client
polls, including Institutional
Investor and Greenwich
Associates.

48 |

reit

Michael Bilerman, the recipient of Nareit's 2020
Industry Achievement Award, has a career in real
estate that spans more than two decades. Known
for his keen insights into the industry, Bilerman
has also provided valuable support to various
real estate industry organizations, including
The Real Estate Roundtable, the Pension Real
Estate Association, and the NYU Schack Real
Estate Advisory Board. Bilerman has also served
as a cabinet member on Nareit's Real Estate
Investment Advisory Council. He recently
spoke with REIT magazine on how the REIT
sector navigated challenges in 2020 and what
lies ahead in 2021.

You started your career in
Goldman Sachs' real estate
investment banking department in
1998 and have remained in real estate
ever since. Was that happenstance, or
was there anything in particular that put
you on a path in real estate specifically?
I wish I had this great story of following in
the footsteps of Mort Zuckerman, a fellow
Montrealer who attended my alma matter McGill
University, but it was complete happenstance.
When I learned about the industry and its
opportunity, I was so excited given how vast the
real estate industry is, cutting across so many

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Reit Magazine - January/February 2021

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