H&R Real Estate Investment Trust announced on May 10, 2023, Philippe Lapointe stepped down as President of H&R and as an officer of H&R's subsidiary, Lantower Residential. Effective immediately, Emily Watson, Lantower's Chief Operating Officer, has assumed leadership and the strategic direction of Lantower Residential. On March 13, 2023, H&R REIT announced the appointment of Donald Clow to the REIT's Board of Trustees.

Mr. Clow fills the vacancy left by Ronald Rutman, who resigned from the Board following a successful term as Vice-Chair and Independent Lead Trustee. Subsequent to his appointment, the Trustees appointed Mr. Clow as Independent Lead Trustee of the REIT's Board of Trustees. On April 25, 2023, H&R announced the nominations of two Trustees to the Board, Lindsay Brand and Leonard Abramsky.