Walter E. Hennig

Walter E. Hennig

Senior Vice President Asset Management & Investments


    Walter Hennig joined MB Real Estate in 1999 and has been involved in investment management, financial analysis, asset management and accounting services for the firm. He draws from his extensive knowledge of the market to serve as a client advocate and to develop customized solutions designed to maximize the value of real estate assets.


    Walter is responsible for the analysis and review of clients’ acquisitions, dispositions and refinancing requirements, including cash flow projections, due diligence, investment analysis, and property valuation. In addition, he has been directly involved in the preparation of development budgets and investment information packages for prospective financial partners, as well as long-term portfolio and facility strategy, and analysis and negotiation of new and existing locations.


    Earlier in his career, Walter served in management roles for MB Real Estate at Citigroup Center (500 West Madison) and 181 West Madison, where he executed financial modeling and investment principles to analyze prospective lease transactions, building capital projects, and partnership cash management strategies. He was also a portfolio controller for accounting services, where he was responsible for the financial oversight of more than two million square feet of real estate.


    Walter’s most notable accomplishments include his participation in the refinancing/ownership restructuring of Citigroup Center; the refinancing of 230 West Monroe, 221 North LaSalle, 205 West Wacker and 55 West Wacker; the acquisition of 200 West Monroe, One North LaSalle, 549 West Randolph; and the disposition of 55 West Wacker, 205 West Wacker, 221 N. LaSalle and 200 West Jackson. For these high-profile projects, Walter performed the due diligence, cash flow analysis, partnership financial impact assessment, contract negotiation and lease analysis. He also reviewed the day-to-day building operations.


    • Bachelor of Science - Finance, University of Illinois at Urbana-Champaign

    • Licensed real estate broker in the state of Illinois
    • Real Property Administrator (RPA)
    • Certified Commercial Investment Member (CCIM)