ZB

Z. Jamie Behar

Director at Armour Residential Reit

Z. Jamie Behar Has been a director of ARMOUR since July 2019. Ms. Behar was Managing Director, Real Estate & Alternative Investments, for GM Investment Management Corporation (“GMIMCo”) from October 2005 through 2015. Ms. Behar was responsible for the management of approximately $12 billion at peak portfolio value in real estate, energy and timber investments on behalf of both General Motors Company and other unaffiliated clients. The portfolio encompassed a broad spectrum of investments, including direct property holdings, partnerships, mortgages and a directly managed publicly traded real estate securities portfolio, across property markets worldwide. She was a member of the Board of Directors, the Investment Management Committee, the Private Equity Investment Approval Committee and the Risk Management Committee of GMIMCo. Ms. Behar has served on the Board of Directors of Sunstone Hotel Investors, Inc. (NYSE: SHO), a publicly listed hotel company with assets located across the U.S., since the company’s IPO in October 2004. She is Chair of the Nominating and Corporate Governance Committee and is a member of the Audit Committee of the Board of Directors. Ms. Behar joined the Board of Directors of Shurgard Self-Storage SA (EBR: SHUR), a publicly listed real estate company that owns and operates self-storage facilities located throughout Europe, upon its IPO in October 2018. She is Chair of the Real Estate Investment Committee and a member of the Audit Committee of the Board of Directors. Since January 2018, Ms. Behar has also served on the Board of Directors of the Broadstone Real Estate Access Fund (NYSE: BDREX), a registered closed-end interval fund that invests in both private market real estate and publicly traded real estate securities. She is Chair of the Nominating & Corporate Governance Committee of the Board of Directors. Ms. Behar is a member of the Real Estate Investment Advisory Council of the National Association of Real Estate Investment Trusts (“Nareit”). From April 2017 through December 2018, Ms. Behar was a member of the Board of Directors and the Audit and Corporate Governance and Nominating Committees of the Board of Directors of Forest City Realty Trust (NYSE: FCEA), a publicly listed real estate company that focused on acquiring, developing and managing mixed-use office and multi-family assets located across the U.S., until its take-private sale in December 2018. From December 2015 through October 2018, Ms. Behar was a member of the Board of Directors and the Audit and Investment Committees of the Board of Directors, of Gramercy Property Trust (NYSE: GPT), a publicly listed real estate company which specialized in acquiring and managing net-leased industrial and office properties located in the U.S. and Europe until its take-private sale in October 2018. Ms. Behar was a member of the Boards of Directors of Desarrolladora Homex SAB de CV, a publicly listed home development company located in Mexico, and of Hospitality Europe, B.V., a private pan European hotel company. Ms. Behar is the past Chair of the Board of Directors of the Pension Real Estate Association. Ms. Behar holds a B.S.E. (magna cum laude) from The Wharton School, University of Pennsylvania, an M.B.A. from Columbia University Graduate School of Business, and the Chartered Financial Analyst (CFA) designation. In December 2018, Ms. Behar was the recipient of Nareit’s E. Lawrence Miller Industry Achievement Award for her contributions to the REIT industry.

Timeline

  • Director

    Current role