CHICAGO, IL – June 5, 2012 – (RealEstateRama) — Chicago real estate executive Noah D. Shlaes, CRE, FRICS, senior managing director, Global Corporate Services, Newmark Grubb Knight Frank, has been elected 2013 second vice chair of The Counselors of Real Estate®, an organizational leadership role that sets in motion his election as Chair of the Board in 2015. Shlaes’ election took place at the CRE® Midyear Meetings in Chicago in April.
A Counselor of Real Estate since 1996, Shlaes currently chairs the organization’s Bylaws Committee and has served on various other organizational committees. He has more than 28 years of experience in corporate real estate strategy and operations, portfolio planning and real estate technology, advising international banks, utilities, manufacturing companies, railroads, universities and state governments on various real estate matters.
Shlaes is the creator of the Grubb & Ellis proprietary Thinking Tool and Portfolio Pulse for portfolio planning, and has published articles on portfolio planning, real estate strategy, software selection, and the valuation of Brownfield properties. He also has taught real estate appraisal at the graduate level in the United States and abroad and has extensive background in real estate-related computer applications. He has served as a guest lecturer and instructor at DePaul University’s Kellstadt GSB, Boston College and the School of the Art Institute.
Shlaes joined Newmark Grubb Knight Frank from Grubb & Ellis, where he started in 2004 as managing director of the Strategic Consulting group. From 1988–2002, he worked at Arthur Andersen, culminating in his role as director of Corporate Real Estate Services. From 2002–2004, he was senior director of FPL Associates Consulting and focused on portfolio review, due diligence and operations strategy for real estate investment companies. Shlaes earned an undergraduate degree in economics from the University of Michigan.
The Counselors of Real Estate®, established in 1953, is an international group of high profile professionals including members of prominent real estate, financial, legal and accounting firms as well as leaders of government and academia who provide expert, objective advice on complex real property situations and land-related matters. Membership is selective, extended by invitation only. The organization’s CRE® (Counselor of Real Estate) credential is granted to all members in recognition of superior problem solving ability in various areas of real estate counseling. Only 1,100 people in the world hold the CRE credential. For more information, contact The Counselors of Real Estate, 430 N. Michigan Avenue, Chicago, IL 60611; 312/329.8427; http://www.cre.org