Michael Bilerman is a Managing Director at Citi, and leads the firm’s Global real estate investment research franchise. He also directly heads the US real estate and lodging team which has coverage of over 80 real estate and lodging equity securities. Michael and the Citi Research REIT team have consistently been ranked as the top team in external client polls including Institutional Investor and Greenwich Associates.
With over two decades of industry experience, Michael has spent his entire career in real estate having joined Citi in August 2004 following 6 years at Goldman Sachs. Michael started his career in real estate investment banking working in both New York and London and then became a senior research analyst covering the REIT sector in 2002. In June 2007, Michael was included in Institutional Investor's second annual "20 Rising Stars of Real Estate" feature, acknowledging up-and-coming real estate professionals who will likely set the trends in the rapidly changing real estate industry. Michael was then named to Institutional Investor’s All-America Research Team in 2008, a position he has held for the last 11 years straight.
Michael is an active member of various real estate industry professional affiliations including the Real Estate Roundtable, Pension Real Estate Association, NYU Shack’s Real Estate Program and Nareit. Michael current serves as Chairman of the Research Committee for the Real Estate Roundtable, a Cabinet member of Nareit's Real Estate Investment Advisory Board and is a member of the FTSE Nareit Index Advisory Committee.
Michael received a Bachelor of Commerce from McGill University in Montreal, Canada with a double major in finance and strategic management, and lives in New York with his wife and three boys.