Chris Merrill | Co-Founder and CEO of Harrison Street
Leading Voices in Real Estate
Expertise Drives Success in Diverse Domains
Specialized expertise within a team is critical for successfully managing assets and transactions, particularly in complex fields. Asset and transaction managers with decades of experience contribute significantly, having overseen substantial investments, which enhances their proficiency in underwriting and asset evaluation. A dedicated legal team focuses on joint ventures, while an ESG program led by a chief impact officer ensures that sustainability and impact considerations are integrated into operations. Supporting partners is vital, as their success directly translates to better outcomes for the organization. Furthermore, the evolving nature of asset classes, such as the comparison between college dorms and prisons, highlights the importance of careful alignment of interests and proper management to avoid discontent and inefficiencies.
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