Jon Zehner's Retirement from LaSalle Investment Management
LaSalle Investment Management, renowned as a global leader in real estate investment management, has announced the retirement of Jon Zehner, Vice Chairman, effective at the year's end. His illustrious career spans more than 40 years, and he has been a pivotal figure at LaSalle for almost 13 years.
A Look Back at Jon's Journey
Since joining LaSalle in 2012, Jon has played a crucial role in shaping the company's Investor Relations team. His leadership saw him transition into the role of Global Head of LaSalle Global Partner Solutions in late 2019. The merging of this division with LaSalle Securities to form LaSalle Global Solutions in 2023 marked a significant milestone in his career. His contributions placed him at the forefront of the organization, and he served as a key member of the Global Management Committee throughout his tenure.
Career Highlights
Jon's exceptional journey began in 1981 at JPMorgan. Over the span of nearly three decades, he ventured through numerous positions focused on corporate finance, ultimately heading Real Estate Investment Banking and overseeing operations in sub-Saharan Africa. His expertise led him to AREA Property Partners as a Senior Director in 2009 before joining LaSalle.
Influence in the Real Estate Sector
In addition to his executive roles, Jon co-founded several influential organizations, including the European Public Real Estate Association (EPRA) and the Urban Land Institute (ULI) in Europe. His academic contributions extend to the University of Cambridge, where he co-created an MPhil program in Real Estate Finance and continues to serve as Chair of its Land Economy Advisory Board.
Mark Gabbay's Tribute
Mark Gabbay, Global Chief Executive Officer of LaSalle, expressed heartfelt gratitude for Jon's significant contributions. He stated, "Jon's commitment and numerous contributions have greatly influenced our business and the wider industry. We wish him the best in his well-earned retirement and future endeavors."
Jon's Reflections
Expressing his thoughts on retirement, Jon shared, "I am immensely grateful for the experiences and relationships I've built at LaSalle. It has been a privilege to work with such talented individuals worldwide. I’ve learned so much, and I sincerely hope I’ve left a positive impact. As I embark on the next chapter of my life, I am confident that LaSalle will continue to build trust with investors and deliver impressive performance."
About LaSalle Investment Management
LaSalle Investment Management is recognized as one of the foremost real estate investment management firms globally. As of the second quarter of 2024, LaSalle oversees approximately US$84.8 billion in various asset classes, including private and public real estate equity and debt investments. Its client base is diverse, comprising public and private pension funds, insurance companies, corporations, governments, endowments, and individual investors. LaSalle offers a variety of investment vehicles designed to meet the diverse needs of its clients, including separate accounts and closed-end funds.
Frequently Asked Questions
What led to Jon Zehner's retirement from LaSalle?
Jon Zehner retired from LaSalle after nearly 13 years of service, marking the end of an illustrious career spanning over 40 years in real estate.
What notable positions did Jon Zehner hold at LaSalle?
Jon served as Global Head of LaSalle Global Partner Solutions and was a member of the Global Management Committee, ultimately becoming Vice Chairman.
What contributions did Jon make to the real estate industry?
Jon co-founded several influential associations, including the EPRA and ULI in Europe, and was instrumental in developing academic programs at prestigious institutions.
How has LaSalle Investment Management evolved during Jon's tenure?
Under Jon's leadership, LaSalle expanded its services, improved investor relations, and merged divisions to enhance operational efficiency and market reach.
What is the future outlook for LaSalle post-Jon Zehner's retirement?
LaSalle is anticipated to continue fostering strong relationships with investors and providing strong investment performance as indicated by Jon in his farewell remarks.
