The NAIOP Research Foundation announces the appointment of L. Mark Billeaud, founding partner of Summit Real Estate Group, to join the Foundation’s Governors. Individuals who demonstrate their commitment to the Foundation’s mission by making a substantial contribution to its endowment fund are invited to accept this lifetime distinction. Billeaud will be honored at NAIOP’s CRE.Converge conference, Oct. 8-10 in Las Vegas.

L. Mark Billeaud is a Founding Partner of Summit Real Estate Group, an independent, partner-led commercial real estate company. The firm’s integrated fund platform (formed in 2009), and development and asset management businesses focus on opportunities within select markets throughout the South, Southeastern and Midwest regions of the U.S. Billeaud is responsible for leading a team of individuals focused on acquisition, disposition and development of industrial investments capitalized through the Arrowrock Fund Series – structured as private equity and discretionary investment vehicles. He has been a member of the Capital Markets 3 NAIOP National Forum since 2010.

“I couldn’t be more pleased to welcome Mark as our newest Foundation Governor,” said Jennifer LeFurgy, Ph.D., executive director of the NAIOP Research Foundation. “Not only do we gain his invaluable insights and support, but with his appointment we’ve also reached an important milestone – our 90th Foundation Governor. The Foundation’s work is made possible through the generosity and dedication of these 90 exceptional individuals who recognize the importance of the Foundation and its mission.”

The NAIOP Research Foundation was established in 2000 as a 501(c)(3) organization with a mission to provide practical research and education that allows commercial real estate owners and developers to successfully capitalize on new trends and address challenges in the industry.

Notable reports include Economic Impacts of Commercial Real Estate, 2024 U.S. Edition; Recruiting, Training and Retaining Talent in the Real Estate Development Industry; and quarterly office and industrial space demand forecasts.