Jonathan A. Schein Leaves REM; Starts ScheinMedia

NEW YORK CITY-Jonathan A. Schein, who oversaw the transformation of Real Estate Media from a two-magazine operation into the commercial real estate industry’s dominant publishing firm, is resigning as president and CEO.

For Schein, who founded GlobeSt.com and the RealShare Conference series, the focus will now shift to the consumer sector and a range of media products. “ScheinMedia will target acquisitions in a variety of non-urban consumer publications,” he explains. “Investors are already in place.”

His resignation, effective May 12, ends a two-decade stint with the company that began when the firm published two magazines–one of them Real Estate Forum–and had 18 employees. At the time, the company was owned by Jonathan’s father, Gerald D. Schein. The younger Schein became president and CEO of the newly formed Real Estate Media in 1999, upon the sale of the company to an investment fund managed by Wasserstein & Co.