Heitman LLC Investment Portfolio and Company Information

Author

Reads 9.6K

Close-up of house keys, euro bills, and charts symbolizing real estate investment and finance.
Credit: pexels.com, Close-up of house keys, euro bills, and charts symbolizing real estate investment and finance.

Heitman LLC is a private real estate investment management company that has been in operation since 1983. They have a long history of providing investment solutions to institutional and individual investors.

Heitman LLC has a global presence with offices in the US, Europe, and Asia, giving them a unique perspective on the global real estate market. Their experienced team of professionals is dedicated to delivering exceptional investment results.

Heitman LLC manages a diverse portfolio of real estate investments, including office, retail, industrial, and residential properties. They have a strong focus on creating long-term value for their investors.

Ownership and Leadership

Heitman LLC has a clear ownership and leadership structure, which is outlined in the company's leadership information. Heitman LLC is the sole member of Heitman Capital Management LLC.

The company is led by Jerome Joseph Claeys, who serves as Chairman and Debt Investment Committee Member. This suggests that Claeys plays a key role in the company's decision-making process.

Credit: youtube.com, Heitman

Here's a breakdown of the leadership team:

Mary Katherine Ludgin and Jerome Joseph Claeys are also members of the Debt Investment Committee, indicating that they have a significant role in shaping the company's investment strategies.

NexCore Acquires D.C. Suburb Medical Office Building

NexCore Group acquired a 64,261 square foot medical office building in Lanham, a growing section of Prince George's County located in suburban Washington.

The building, known as the Professional Office Building, was developed by Doctors Community Hospital in 2009 to accommodate a strategic expansion of its services and attract targeted physician practices to the campus.

NexCore will provide operating and property management services for the MOB under a long-term contract.

The Heitman-NexCore team has now completed a combined transaction volume of over $150 million, with two new development transactions breaking ground in the next month.

NexCore’s deep understanding of the hospital’s business and operational strategies was a key factor in the selection process.

See what others are reading: Elan Financial Services Us Bank

Illustration of house for private property representing concept of investing in purchase of real estate
Credit: pexels.com, Illustration of house for private property representing concept of investing in purchase of real estate

The medical office building is a Class A, four-story facility that houses hospital services and physician office space.

The tenants in the MOB include a full service imaging center with mammography, a cancer center with cutting-edge treatment technology, and multiple cancer-related practices.

The acquisition represents Heitman-NexCore’s third major closing together during the past year.

NexCore closed the transaction on time, with no delays in the review of due diligence materials or during contract negotiations.

Take a look at this: Platinum Equity Office

Ownership/Ledership of Heitman Capital Management

Heitman Capital Management has a sole member, Heitman LLC, which is responsible for its ownership.

The leadership team at Heitman Capital Management includes several key individuals. Jerome Joseph Claeys serves as the Chairman and a member of the Debt Investment Committee.

Mary Katherine Ludgin is a Managing Director and a member of the Debt Investment Committee, playing a crucial role in the company's decision-making process.

Howard Jay Edelman is an Executive Vice President, while Dwight Porter Fawcett holds the same title and is also a member of the Debt Investment Committee.

Credit: youtube.com, Cultivating a Leadership and Ownership Mindset, with Niki Avraam

Blaise Paul Keane is an Executive Vice President, and Thomas Donovan McCarthy serves as the Manager, Senior Managing Director, Secretary, and a member of the Investment Committee.

Maury Robert Tognarelli is the Manager and President of Heitman Capital Management, as well as a member of the Debt Investment Committee.

Here is a list of the key leaders at Heitman Capital Management:

Assets, Funds, Holdings

Heitman LLC has a diverse range of funds and holdings. One notable fund is the Heitman Real Estate Debt Partners III LP, which had a sold value of $652.8 million as of 2024-03-27.

The firm also has a strong presence in the real estate sector, with the Red Arrow I LP having an AUM of $37.2 million as of 2023-03-31.

Heitman LLC has a significant presence in the market, with a total AUM of $8.6 billion as of 2024-03-27. This is broken down into various client types, including pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities.

Discover more: Insight Partners Aum

Credit: youtube.com, Heitman Real Estate Securities Adjusts Holdings in Major REITs Amid Market Fluctuations

Here is a breakdown of Heitman LLC's AUM by client type:

Heitman LLC has a number of limited partners, including prominent public pension funds such as the Los Angeles County Employees Retirement Association and the New York City Employees' Retirement System.

Heitman Real Estate Securities LLC, a related firm of Heitman LLC, has an AUM of $2.3 billion.

Frequently Asked Questions

How many employees does Heitman have?

Heitman has nearly 350 professionals on staff. This team of experts has a remarkable average tenure of seven years.

Elena Feeney-Jacobs

Junior Writer

Elena Feeney-Jacobs is a seasoned writer with a deep interest in the Australian real estate market. Her insightful articles have shed light on the operations of major real estate companies and investment trusts, providing readers with a comprehensive understanding of the industry. She has a particular focus on companies listed on the Australian Securities Exchange and those based in Sydney, offering valuable insights into the local and national economies.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.