SAN FRANCISCO—Funeral services will be held Sunday at Congregation Emanu-el here for Douglas Shorenstein, chairman and CEO of Shorenstein Properties. Shorenstein passed away Tuesday at age 60.

A native San Franciscan, Shorenstein began his career as a real estate attorney in New York City before joining the family firm in 1983. Shorenstein, who became chairman and CEO in 1995, led the company's transition from a local operator into a national one, active in development, investment and management across the US.

Under his leadership, the company has sponsored 11 closed-end funds with total equity commitments of $7.9 billion. These funds have invested in almost 60 million square feet of property over the past 20 years. Most recently, Shorenstein was focused on transforming older buildings into creative office space, such as the vacant Western Furniture Exchange and Merchandise Mart on San Francisco's Market Street which is now the global headquarters for Twitter.

Shorenstein was also active in a variety of civic and philanthropic causes. He was especially proud of his time as chairman of the board of the Federal Reserve Bank of San Francisco during the financial crisis, during which time he had the chance to work with Janet Yellen, then the president of the San Francisco Fed.

He was also a member of the executive council of University of California San Francisco Medical Center and the Real Estate Roundtable; and served as an advisory board member to the Shorenstein Center on Media, Politics and Public Policy at Harvard's Kennedy School of Government. "Doug Shorenstein was an unassuming yet transformational force within our industry, deeply respected for his leadership, intelligence, vision and integrity," says Jeffrey DeBoer, president and CEO of the Real Estate Roundtable. "We were honored that he served for so many years on the board of directors for The Real Estate Roundtable. He always provided positive, thoughtful and insightful perspectives to our policy discussions, emphasizing job creation and better communities for everyone. He was a dear friend to the industry and to the nation. He is already greatly missed."

Shorenstein is survived by his wife Lydia and their three children, Brandon, Sandra and Danielle. A sister, Carole Shorenstein Hayes, also survives him. He was preceded in death by his father and mother, Walter H. and Phyllis Shorenstein, and sister, Joan Shorenstein Barone.