NATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT MANAGERS
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Succession planning is a hot topic – and for good reason. It is a headline throughout corporate
America, but particularly important in the real estate world, because aging Baby Boomers are
still running so many of the companies in our business. Visible, institutional firms like the fund
managers and the REITs are dealing with it head-on, both because they have a higher bar from
a fiduciary standpoint and because they have the size and scale. But what about the rest of us?
What are the issues on succession? Here are some thoughts and the challenges of what are
too-often colliding themes and trends.
Succession for
the Rest of Us
Matt Slepin,
Founder, Terra Search Partners
Mary McCarthy,
Managing Director, Terra Search Partners