NORTHBROOK, Ill.–(BUSINESS WIRE)– Neil R. Aaronson, CEO, Hilco Real Estate, LLC , today announced that Joel H. Schneider has joined the company as Senior Vice President, Dispositions. Mr. Schneider will source and manage owned and leased property disposition assignments.
Mr. Schneider has nearly 30 years of real estate experience. He has developed a broad range of expertise, covering sale transactions, asset and portfolio management, valuation and investment analysis, development, financing, and strategic planning. He specializes in transactions within the context of a bankruptcy, liquidation, or corporate restructuring, helping attorneys, lenders, and turnaround firms structure and implement strategies that rapidly create liquidity from real estate assets.
Prior to Hilco, Mr. Schneider was a Principal with Atlas Partners, a Chicago-based real estate boutique advisory firm. Prior thereto he was Senior Manager in the Midwest practice of Ernst Young’s Real Estate Advisory Services group, where he led assignments for clients including Best Buy Co., Equity Office Properties, and CMD Realty. Earlier, Mr. Schneider served as Vice President for Portfolio Management at American Express and the Balcor Company, an institutional owner of real estate, where he was Managing Director of Portfolio Management.
Mr. Schneider earned a B.S. degree from Indiana University and a Masters in City Planning from Harvard University. He holds real estate sales and auction licenses in numerous states and is a member of several professional organizations, including the Turnaround Management Association, the Commercial Finance Association, the American Bankruptcy Institute and the Chicago Real Estate Council where he previously served as its president. In 1995 he was elected into Lambda Alpha, an honorary land economics society.
About Hilco Real Estate , LLC
Hilco Real Estate helps businesses improve leverage and cash flow by repositioning and restructuring their real estate commitments. The company’s focus is to optimize value in the shortest period of time. Core competencies include strategic advisory and consulting services, owned portfolio disposition, lease portfolio sales/assignments, lease termination, lease renegotiation, leasing/subleasing, sale of non-core owned assets, sale/leaseback transactions, and fee and appraisals for leased and owned assets. The company, which is headquartered in Northbrook, Ill, is a division of The Hilco Organization. For more information please visit www.hilcorealestate.com .
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