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As important as what you invest in
is how you invest.

Menu Heitman Designs

In a business where changing market conditions are as much a constant as unexpected challenges, what differentiates a leading company is how it navigates these challenges to meet its goals. We seek to embrace an environment of intellectual honesty as a cornerstone of our foundation. What does this mean? It means that we aim to thoughtfully plan each step of our evolution, communicating transparently and respectfully. And we endeavor to put all hands on deck and bring our best investment, management, and research expertise together in one nimble, multi-disciplined team.

    • The Value of Trust

      We don’t just work for our clients — we work to know them, we seek to build relationships over time and we endeavor to help them see every angle of an investment. We strive to earn their trust and their business by delivering the outcome they’re seeking while working to exceed their expectations. Over multiple economic and property market cycles, through capital market downturn and improvement, we have sought to apply our knowledge, experience, and dedication to forge effective client relationships.

      Meet the team

    • Client Service & Marketing

      Led by Lewis Ingall, Senior Managing Director of Client Service & Marketing, the seasoned professionals on the team have broad real estate investment and portfolio management experience. Each client is assigned a Heitman representative who works closely with the investment, research, portfolio management, compliance, and investor reporting teams in an effort to ensure the highest level of communication and client satisfaction.

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    • Lewis Ingall

      Senior Managing Director

      Client Service & Marketing

    • James Gruver

      Managing Director

      Client Service & Marketing

    • Takayuki Kiura

      Managing Director

      Client Service & Marketing

      Asia

    • Beau Titchkosky

      Managing Director

      Client Service & Marketing

      Pacific

    • Charles Robinson

      Managing Director

      Client Service & Marketing

      EMEA

    • Drew Arnold

      Vice President

      Client Service & Marketing

      Chicago

    • Tobias Baumann

      Senior Vice President

      Client Service & Marketing

      EMEA

    • Matthew Claeys

      Executive Vice President

      Client Service & Marketing

      North America

    • Shauna Dills

      Senior Vice President

      Client Service & Marketing

      North America

    • Justin Lee

      Vice President

      Client Service & Marketing

      Asia-Pacific

    • John Mancuso

      Executive Vice President

      Client Service & Marketing

      North America

    • Christina Polito Fylling

      Executive Vice President

      Client Service & Marketing

      North America

    • Ed Rieger

      Senior Vice President, Director, Global Consultant Relations

      Client Service & Marketing

    • Tamara Solarich

      Senior Vice President, Director, Global Marketing and Communications

      Client Service & Marketing

    • Anne Westbrook

      Executive Vice President

      Client Service & Marketing

      North America

    • Irene Yartey-Onyango

      Executive Vice President, Head of Product Strategy & Design

      Client Service & Marketing

    • Raymond Zhang

      Senior Vice President

      Client Service & Marketing

      Asia-Pacific

  • Synthesizing research

    The creation and refinement of an investment strategy begins with research. That’s why at Heitman, research is an in-house function and a vital part of our process. We seek to integrate research and investment in real time, with the goal of truly multi-disciplinary teams that are more informed, in-tune, and invested in your success.

  • Synthesizing research

    The creation and refinement of an investment strategy begins with research. That’s why at Heitman, research is an in-house function and a vital part of our process. We seek to integrate research and investment in real time, with the goal of truly multi-disciplinary teams that are more informed, in-tune, and invested in your success.

  • Integrating multiple disciplines

    We are active in three key segments of the global real estate property and capital markets, with over $53 billion in assets under management as of December 31, 2022. Our private and public market investment teams are based on the ground in North America, Europe, and Asia-Pacific to execute investment strategies across the risk/return spectrum for our clients.


    We believe that our three complementary business units foster a creative atmosphere within Heitman that translates into an information exchange, helping the firm stay abreast of changing conditions in all areas of real estate across the globe.


  • Ownership in our business

    Heitman is wholly owned by senior officers who control all strategic, ownership, and day-to-day operational decisions.

    We believe this ownership structure results in a distinct and valuable alignment of interest between Heitman and our clients, and seeks to create proper incentives to meet or exceed our clients' investment objectives.

    • Leading with experience

      We believe our real estate investment solutions are created by some of the most experienced and innovative professionals in the industry. Headquartered in Chicago since 1966 with offices on four continents, Heitman’s senior managers have an average of 29 years of industry experience. Our leadership team has gained expertise investing across a variety of economic environments, from periods of property market decline to periods of recovery and expansion.

      Meet the team

    • Executive Leadership

      While history never repeats itself exactly, we believe that knowledge of past cycles gives predictive power, which translates into sound investment ideas. The collective experience of our executive team applies across the life cycle of an investment, from strategy setting and execution to realization.

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    • Maury R. Tognarelli

      Chief Executive Officer

    • Lewis Ingall

      Senior Managing Director

      Client Service & Marketing

    • Darrah Bixler

      Chief People Officer

      Human Resources

    • Anthony Stamato

      Chief Legal Officer

    • Larry Christensen

      Chief Financial Officer

    • Rachna Velamati

      Chief Diversity Officer

      Human Resources

    • Peeyush Shukla

      Chief Information and Technology Officer

      Information Technology

    • Mary Ludgin

      Senior Managing Director – Head of Global Research

      Research

    • Thomas McCarthy

      Senior Managing Director

      Private Equity

      North America

    • Brian Pieracci

      Managing Director

      Private Equity

      North America

    • Yun Choi

      Executive Vice President

      Private Equity

      Asia-Pacific

    • Brad Fu

      Executive Vice President

      Private Equity

      Asia-Pacific

    • Tony Smedley

      Managing Director - Head of European Private Equity

      Private Equity

      Europe

    • David Maki

      Senior Managing Director, Co-Head

      Real Estate Debt

      North America

    • Greg Leadholm

      Senior Managing Director, Co-Head

      Real Estate Debt

      North America

    • Jerry Ehlinger

      Senior Managing Director

      Public Real Estate Securities

    • John White

      Senior Managing Director

      Public Real Estate Securities

      Asia-Pacific

    • Gordon Black

      Senior Managing Director

      Portfolio Management

    • Blaise Keane

      Executive Vice President

      Portfolio & Asset Management

      North America

    • John Clement

      Executive Vice President

      Acquisitions

      North America

    • Skip Schwartz

      Managing Director

      Private Equity

  • Corporate social responsibility

    Investing today with a focus on tomorrow. In executing client mandates, we seek to improve the world in which we live and work, while delivering the investment outcomes our investors require.

  • Corporate social responsibility

    Investing today with a focus on tomorrow. In executing client mandates, we seek to improve the world in which we live and work, while delivering the investment outcomes our investors require.

  • Civic involvement

    Working to improve our communities is an extension of our company’s purpose. While many Heitman employees make the most of our corporate donation and matching contribution programs, their commitment to community service often goes beyond simply writing a check. In all of our regions, our employees take pride in coming together and devoting their time and energy to community projects. This dedication carries over into our business practices, as we seek to operate in a manner that aligns with our firm’s values, and our goal is for these values to be transmitted through our employees to the stakeholders associated with our investments.