LaSalle Investment Management has announced the appointment of Kristy Heuberger and Brad Gries to roles as co-heads of the Americas, effective March 31, 2021. Ms. Heuberger and Mr. Gries will succeed Jason Kern who has served as the firm’s Americas CEO since 2013 and has overseen a substantial period of growth with the region’s Assets Under Management (AUM) doubling to more than $22 billion, of the firm’s $71 billion global AUM, during his tenure. Mr. Kern has mutually agreed to step down from this role to pursue other interests. Ms. Heuberger currently serves as LaSalle’s Head of US Asset Management and Mr. Gries currently serves as Americas co-CIO & head of US transactions.
As co-heads of the Americas, Brad and Kristy will jointly be responsible for overseeing all personnel, operational, portfolio management across the region, while maintaining existing leadership of the transactions and asset management activities. They will report directly to LaSalle Global CEO Mark Gabbay and join the firm’s Global Management Committee.
Since joining LaSalle in 2015, Kristy has successfully led the team managing $18 billion of LaSalle’s US private equity portfolio, spanning nearly 300 properties across a range of sectors and risk profiles. Prior to joining LaSalle, Kristy spent 26 years at GE Capital Real Estate (and predecessor Heller Financial), holding several senior level roles. In her 20+ years in the real estate investment industry, she has worked on both the equity and debt side of the business, and has experience across a variety of disciplines, including asset management, originations, marketing, and operations.
Since joining LaSalle in 2017, Brad has successfully led the team responsible for more than $15.5 billion of total acquisitions and dispositions, while working as a strategic partner with the Fund and Custom Account teams to shape client portfolios. Prior to joining LaSalle, Brad held leadership positions over the course of a 16-year career with the real estate investment arm of DWS, most recently serving as Managing Director, Real Estate Transactions. Before DWS, Brad held analyst and consultant positions at MB Real Estate and Arthur Andersen.