# Deloitte’s Brian Ruben & Kevin Richards on Key Elements of REIT Board Effectiveness

Canonical page: https://sequoia-research.com/news/deloitte-s-brian-ruben-kevin-richards-on-key-elements-of-reit-board-effectiveness-16763312

Author: Sequoia Research
Published: 2026-10-16T22:42:51.188Z
Updated: 2026-10-16T23:17:07.455Z
Original source: [Nareit](https://www.reit.com/news/podcasts/deloittes-brian-ruben-kevin-richards-key-elements-reit-board-effectiveness)
Source published: 2026-10-15T17:25:12.000Z
Type: News
Topics: REITs

Nareit's REIT Report features Deloitte's Brian Ruben and Kevin Richards discussing board responsibilities before the October 8 REIT Board Member Forum. The conversation focuses on capital allocation, risk oversight and strategic decisions in a changing financing environment.

Richards describes available capital as selective, while Ruben urges directors to examine specific demand drivers and geographic exposures instead of relying on broad property labels. Other topics include AI oversight, physical risk, succession planning and how boards explain decisions to investors. The episode concerns governance practices across REITs.

[Read the original](https://www.reit.com/news/podcasts/deloittes-brian-ruben-kevin-richards-key-elements-reit-board-effectiveness)

## Research considerations

REIT news can cover acquisitions, operating results, distributions, capital raising, and liquidity. Publicly traded and nontraded structures can have different reporting and liquidity arrangements. Identify the actual vehicle before comparing an announcement with other investments.

- Which REIT or portfolio is covered, and what period does the announcement describe?
- How do the reported figures relate to debt, operating performance, distribution coverage, and liquidity?

This Sequoia Research summary was prepared with AI assistance from the credited source. It is not independent verification of the source’s claims. The original publisher retains authorship of its reporting; follow the source link for the complete article.

## About Sequoia Research

Sequoia Research, LLC is an independent real estate investment research firm providing analysis of Delaware Statutory Trusts (DSTs), Tenant in Common (TIC) investments, Opportunity Zone Funds, and mineral rights and royalties.

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