What Does Heitman Do?

Total employees474
HeadquartersChicago
Founded1966

Heitman LLC is a global real estate investment management firm with over $51 billion in assets under management (as of Q4 2023). Founded in 1966, Heitman invests in direct real estate, listed real estate securities, and real estate debt in North America, Europe, and Asia-Pacific. The firm serves a global client base of institutional and private wealth investors, aiming to deliver attractive risk-adjusted returns through its disciplined investment process and experienced team.

Where Is Heitman's Headquarters?

HQ Function

Serves as the central hub for global operations, including executive leadership, investment strategy formulation, portfolio management, client services, research, and administrative functions.

Notable Features:

Located in a modern, Class A office tower in Chicago's Loop, offering state-of-the-art facilities and convenient access to business amenities.

Work Culture:

Heitman fosters a collaborative, client-centric, and performance-driven work environment. The culture emphasizes deep market research, ethical practices, and a commitment to delivering value for its investors.

HQ Significance:

The Chicago headquarters is pivotal for coordinating Heitman's worldwide investment activities and maintaining its strategic direction across diverse real estate markets.

Values Reflected in HQ: The headquarters' prime location and professional environment reflect Heitman's values of excellence, integrity, and global connectivity.

Location:

Heitman maintains a significant global presence with offices strategically located across North America, Europe, and Asia-Pacific. This network supports its worldwide real estate investment management functions, including direct property investments, public real estate securities trading, private real estate debt origination, asset management, research, and client relationship management across diverse international markets.

Street Address:

191 North Wacker Drive, Suite 2500

City:

Chicago

State/Province:

IL

Country:

USA

Where Else Does Heitman Operate Around the World?

London, United Kingdom

Address: Verde, 10 Bressenden Place, London, SW1E 5DH, United Kingdom

To source, execute, and manage real estate investments in the UK and continental Europe, and to provide client services to European investors.

Tokyo, Japan

Address: Marunouchi Kitaguchi Building, 9th Floor, 1-6-5 Marunouchi, Chiyoda-ku, Tokyo 100-0005, Japan

To identify and capitalize on real estate investment trends in Asia-Pacific markets, manage regional assets, and support APAC-based clients.

Frankfurt, Germany

Address: Junghofstrasse 22-26, 60311 Frankfurt am Main, Germany

To strengthen Heitman's presence in core European markets, providing localized expertise for investments in the DACH region.

Buying Intent Signals for Heitman

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
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*Example signal, not calculated in real time

Who's Leading Heitman? Meet the Executive Team

As of April 2025, Heitman' leadership includes:

Maury R. Tognarelli - Chief Executive Officer
Kathy Sandstrom - Senior Managing Director, Head of Global Real Estate Securities
Scott Robinson - Senior Managing Director, Global Head of Research
Blaise F. Omega - Senior Managing Director, Head of an U.S. Private Real Estate Equity Portfolio Management
Tony Smedley - Managing Director, Head of European Private Equity
Gordon G. Black - Managing Director, Head of European Private Real Estate Debt

Who's Investing in Heitman?

Heitman has been backed by several prominent investors over the years, including:

Privately Held. Heitman is an independently operated subsidiary of Old Mutual plc from 2000 until 2017. In 2017, the firm’s senior professionals acquired a majority interest in Heitman from Old Mutual Asset Management (OMAM), now BrightSphere Investment Group. The remaining interest was acquired by Heitman's senior professionals in 2018, making it a private, employee-owned firm.

What Leadership Changes Has Heitman Seen Recently?

Hire3
Exits1

Heitman has seen key leadership appointments and transitions in the past year, strengthening its European and research capabilities, alongside retirements of long-serving executives.

Departures

Mary Ludgin, Mary Ludgin retired from her role as Senior Managing Director and Global Head of Research after a distinguished career at Heitman.

New Appointments:

Tony Smedley, Tony Smedley was appointed as Managing Director and Head of European Private Equity.
Gordon Black, Gordon Black was appointed to lead Heitman's European Private Real Estate Debt business.
Caleb Mercer, Caleb Mercer joined to manage transactions and portfolios for European Private Real Estate Debt.
Scott Robinson, Scott Robinson was promoted to Senior Managing Director, Global Head of Research.
Thomas McCarthy, Thomas McCarthy was promoted to Managing Director and named Head of North American Credit.

What Technology (Tech Stack) Is Used byHeitman?

Discover the tools Heitman uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Heitman Email Formats and Examples

Heitman commonly uses the first_initial.lastname (e.g., j.doe@heitman.com) or first.lastname (e.g. john.doe@heitman.com) email format. Variations may exist based on department or region.

first.last@heitman.com

Format

jane.doe@heitman.com

Example

85%

Success rate

What's the Latest News About Heitman?

Heitman WebsiteMay 21, 2024

Heitman Publishes 2024 Viewpoint: Navigating the Evolving Real Estate Landscape

Heitman released its annual Viewpoint report, offering insights into global real estate markets, key investment themes, and strategies for navigating current economic conditions and evolving property sector dynamics....more

Heitman WebsiteFebruary 28, 2024

Heitman European Residential Investment Partners Fund Acquires Three Residential Properties in Dublin

Heitman's European residential fund completed the acquisition of three multifamily properties in Dublin, Ireland, expanding its portfolio in a key European rental market driven by strong demographics and housing demand....more

Heitman WebsiteJanuary 10, 2024

Heitman Announces Several Senior Promotions to Start 2024

Heitman announced a series of senior promotions across its global platform, including appointments to Managing Director and Senior Vice President, reflecting the firm's commitment to talent development and leadership continuity....more

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