Succession planning is a hot topic – and for good reason. It is a headline throughout corporate America, but particularly important in the real estate world, because aging Baby Boomers are still running so many of the companies in our business. Visible, institutional firms like the fund managers and the REITs are dealing with it head-on, both because they have a higher bar from a fiduciary standpoint and because they have the size and scale. But what about the rest of us? What are the issues on succession?
Matt Slepin, Founder, and Mary McCarthy, Managing Director, provide their insight and thoughts in a new piece for Dialogues magazine.