Kansas City, Missouri-based LANE4 Property Group has named Michael Berenbom as its managing partner. Berenbom joined LANE4 in 2013 as director of investments.
Berenbom’s new role as managing partner will put a focus on LANE4’s newly penned mission: To provide a platform for creating wealth for our clients, team and community by identifying opportunities and delivering creative solutions.
“Mike’s experience as a producer puts him in a prime position to lead this firm. He has a deep understanding of what makes our business function, and how to capitalize on individual opportunities in a cohesive and strategic manner, leading to broad-based success,” said Owen Buckley, LANE4 president.
Buckley founded LANE4 in 2006 and will remain in place as the firm’s president and leader of the brokerage team. The shift will allow him to focus further on the firm’s clients and real estate projects, identifying and executing new deals, and advising the firm’s producers.
A Kansas City native, Berenbom has spent his career in real estate focusing on asset management, investment brokerage and equity procurement. Prior to joining LANE4, he served as vice president of asset management for Lincoln Property Company in Chicago, responsible for the portfolio management of Class-A office properties totaling more than $800 million throughout the United States.
Berenbom has been instrumental in many of LANE4’s most prominent projects, including the acquisition and redevelopment of 95Metcalf South (formerly Metcalf South Mall), several shopping center acquisitions throughout the metro and leading the firm’s efforts on many municipal projects, including the downtown Olathe Library and the recently announced Lee’s Summit Market Plaza project. He has been personally responsible for more than $200 million in acquisitions on behalf of LANE4, and an additional $75 million on behalf of third-party clients, both buyers and sellers.
Berenbom’s transition to managing partner is a logical step for LANE4. Aside from his contributions to the firm as a top producer, he has been increasingly involved in identifying and advancing the long-term goals of the company, building trust and leadership among the firm’s entire team. Specifically, he will focus on high-level management of the firm’s portfolio and continuing to grow LANE4’s relationships with investors, community leaders, and professional partners. Michael will also continue to serve as a producer for the firm, facilitating his own deals and projects in addition to larger corporate projects.