Each year, Midwest Real Estate News inducts a new class into its Commercial Real Estate Hall of Fame. Here is a look at the busy career of one of these new inductees, Marilyn Herzberg, president of Greywolf Partners, Inc. in Milwaukee.
Having spent most of her early career in commercial real estate focused on the Twin Cities, Marilyn Herzberg’s return to her home state of Wisconsin in 2005 allowed her to leverage the experience she gained in Minnesota and bring the professionalism and expertise that garnered her the position as President of Greywolf Partners, Inc. in 2017.
Throughout her career, Herzberg has been fortunate to work in many different aspects of real estate, such as multifamily, construction, brokerage, property and asset management and development.
What Herzberg finds most enjoyable about the business is that no two days—or two deals—are the same, and she values the connections she has the opportunity to make each day.
“At the end of the day, real estate is a relationship business, and it’s a very small world,” Herzberg said. “You never know when you will run into someone that you’ve worked with in the past or dealt with in a lease or transaction. The excitement and the satisfaction come from finding real estate solutions for these clients.”
Highlights from Herzberg’s career include a $65 million office redevelopment, construction of Greywolf’s new Rincon 225 Apartments and disposition of over $200 million of assets. The key to her success? Taking advantage of opportunities early on, and the relationships she formed by doing so.
“I’ve been fortunate to have great mentors throughout my career, while also being raised with a ‘do what it takes’ mentality,” Herzberg said. “Being involved early in my career laid a strong foundation for me to grow. I was active in real estate organizations and held several leadership and board positions, allowing me to strengthen my leadership skills, grow my knowledge base and build a network of professionals and clients.”
Because of her mentors, Herzberg makes it a point to pay it forward. “People want to work for and with someone who listens and understands what they are facing, helps them accomplish their goals and puts them in a position to succeed,” she said. “This leads to successes throughout the company and has been the foundation on which we built Greywolf Partners.”
When Herzberg is not busy with her career, she enjoys time with her husband and adult sons, as well as reading, playing golf, traveling and walking their family dog, Crosby.
