This week I'm sharing sad news. The real estate industry lost one seasoned veteran and one aspiring leader. My heart goes out to the family and friends of both Anne Pfeiffer and Sam Grad.
Anne Pfeiffer died this week.
Until her retirement in 2013 Anne was a managing director at JPMorgan Chase.
I got to know Anne from attending many JPMorgan Real Assets annual investor conferences. She was a consummate professional with a wonderful smile and enthusiastic energy about her.
Excerpts from a published obituary:
“A member of JPMorgan’s real-estate financing unit for almost 35 years, Pfeiffer managed a seven-person portfolio-management team as head of the New York-based bank’s commingled property funds, which are pension trusts catering to retirement and governmental plans.
“Anne was a friend and mentor to so many people she worked with at the firm,” her husband Paul said, summarizing the e-mails he had received since her death. “She was dearly loved and revered among her co-workers.”
My condolences go out to her family, friends and colleagues. Our industry has lost another role model. Through her work in mentoring young professionals, Anne’s legacy will continue.
Anne was 61.
Sam Grad passed away this week.
Sam was the son of Debra and Bryan Grad. Bryan is Senior Vice President of Sales for Real Capital Analytics (RCA).
From a published obituary: “Sam was a 2009 graduate of Westford Academy and a 2013 graduate of the University of Connecticut where he earned a Bachelor of Science in Real Estate and Urban Economic Studies. Sam was a gifted athlete who enjoyed playing sports and loved competition of all kinds. He holds the record for the fastest time in the 100-meter sprint at Westford Academy. He loved Cape Cod, and especially Nauset Beach. Sam was both a camper and a camp counselor. He was respected and loved as a leader and a role model. Sam was widely known for his overwhelmingly positive outlook, constant smile, and living every day to the fullest.”
I had the privilege of knowing Sam personally and witnessed his smile and energy. He was a fine young man. Sam was passionate about the commercial real estate industry and was pursing job opportunities just before he got sick. He fought the battle but lost to Lymphoma.
Being the father of two sons, it is unfathomable for me to imagine this happening – I’m sure it’s the same for all parents.
My deepest condolences go out to Sam’s family and friends.
Sam was 23.
On The Road...
Jan. 22 - 24, 2014: IMN (Information Management Network) Winter Forum on Opportunity and Private Fund Investing, Laguna Beach, CA
Mar. 11 - 14: MIPIM, Cannes, France
May 16: Annual meeting of The Hoyt Fellows, North Palm Beach, FL
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