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Michael Levy on Real Estate Finance

Masters in Business

CHAPTER

Crow Holdings - The First Person Outside of the Family Office

You're the first person outside of the Crow family to become a leader of the firm. What sort of challenges does running what's essentially a giant family office create for you? Well, Trammo ran the business until the very late 1980s; we had a terrible time for real estate in the late 1980s. His son Harlan took over in the late 80s. In 2014, Harlan began to think about his succession and made a decision that he wanted to go outside of the company. Someone ultimately, like me, not me in particular, but someone who didn't come up the ropes from the real estate side who came up the ropesfrom the capital market side of things.

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