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Heitman Management Takes Ownership In-House

CEO Maury Tognarelli calls the ownership consolidation “indicative of the confidence we have in ourselves and further aligns our interests with those of our clients.”

By Paul Bubny | Updated on January 08, 2018

Exterior of office building Heitman LLC headquarters in Chicago. (Photo: Kendall/Heaton Associates)

CHICAGO—Heitman LLC’s senior officers have acquired OM Asset Management (OMAM) plc’s 50% stake in the real estate investment management firm. The $110-million buyout closed this past Friday, bringing control and ownership of Heitman in-house.

“The acquisition of OMAM’s interest in Heitman represents another significant milestone for the firm in our ongoing mission to be one of the leading real estate investment management firms,” says Heitman CEO Maury R. Tognarelli. “The consolidation of the firm’s ownership is indicative of the confidence we have in ourselves and further aligns our interests with those of our clients.”

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