Thomas W. Toomey, Chief Executive Officer, President and a Director of UDR, Inc., a $16 billion multifamily real estate investment trust (REIT) based in Highlands Ranch, Colorado, has been named the new Global Chairman of the Urban Land Institute (ULI).
ULI is a global, multidisciplinary real estate organization whose work is driven by 40,000-plus members dedicated to responsible land use and building thriving, sustainable communities. Mr. Toomey, a longtime ULI member, ULI Trustee and ULI Foundation Governor, will serve a two-year term that ends June 30, 2019.
As ULI Global Chairman, Mr. Toomey will emphasize the Institute’s delivery of member value and mission advancement, with the overarching goal of ensuring that ULI continues to lead the future of global urban development. Mr. Toomey sees his global role as an opportunity to support and facilitate members’ efforts to advance ULI’s mission in each of the three regions in which the Institute has a presence --- the Americas, Europe and Asia Pacific.
Thomas W. Toomey has been appointed Global Chairman of the Urban Land Institute.
“Real estate is an ever-evolving local puzzle. What ULI brings to real estate is a global knowledge network that consists of our members, and that is unique,” Mr. Toomey said. “One of the most important things I can do as Global Chairman is help members take full advantage of ULI’s vast knowledge base to strengthen the impact they are making in cities worldwide.”
During his term, Mr. Toomey plans to focus on several critical areas, including: