The Walker Webcast

Michelle Herrick, Head of Commercial Real Estate at JPMorgan Chase

30 snips
Mar 6, 2025
Michelle Herrick, Head of Commercial Real Estate at JPMorgan Chase, shares her expertise in navigating commercial banking. She discusses powerful leadership principles that drive accountability and success in large organizations. Herrick dives into the emergence of private credit and its impact, while also addressing the future of office spaces in a post-pandemic world. Her insights on client relationships, economic fluctuations, and innovative strategies for financing data centers reveal a dynamic and evolving landscape in commercial real estate.
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ANECDOTE

Early Career at LaSalle Bank

  • Michelle Herrick started at LaSalle Bank in a training program during a booming CRE market in 2005.
  • Early career experiences included a regional bank acquisition, exposure to diverse lending types, and navigating the 2008 financial crisis.
ADVICE

Guiding Principles for Success

  • Focus on clear communication, accountability, and hard work in any role.
  • Always prioritize doing the right thing, even when facing pressure to take shortcuts.
INSIGHT

Culture of Shared Success

  • JP Morgan Chase prioritizes collaboration and shared success over individual achievements.
  • The focus is on celebrating collective wins rather than assigning individual credit.
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