St. Louis Fed Appoints New Real Estate Industry Council Members

ST. LOUIS -- The Federal Reserve Bank of St. Louis has appointed three new members to its Real Estate Industry Council.

• Curtis Braden, CEO of Braden, Braden & Braden LLC in Memphis, Tenn., has been named to the Industry Council.
• Jakeeva J. Lee, CEO of the Greater Louisville Association of REALTORS and APEX MLS in Louisville, Ky., has been named to the Industry Council.
• Alex Stringfellow, senior vice president and principal at Colliers International in Memphis, Tenn., has been named to the Industry Council.

The St. Louis Fed created four District Industry Councils in 2006, each designed to provide important feedback about economic conditions in key Eighth District industry sectors. The members’ observations—along with the economic data developed through the Federal Reserve Board's Beige Book and meetings of the Reserve Bank’s board of directors—help ensure conditions in Main Street America are represented in monetary policy deliberations in Washington.

Each council is supported by one of the St. Louis Fed’s four offices: St. Louis (real estate); Little Rock, Ark. (agribusiness); Louisville, Ky. (health care); and Memphis, Tenn. (transportation). The councils meet twice a year.