NEWPORT BEACH, CA—CRE recruiting firm RETS Associates reports that only 22% of CREleaders perceive succession planning as valuable. According tothe firm, over the next five years, the C-level executives will beretiring, and there has yet to be sufficient planning to know whowill fill their positions. We spoke with principal Kent Elliott about why this is dangerous andwhat you can do about it.
GlobeSt.com: Why don't CRE leaders perceivesuccession planning as valuable?
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
