LaSalle Investment Management has hired Michael Zerda to head up its market-leading Debt & Special Situations platform and value-add equity strategies, spearheading higher return investment initiatives. Zerda will work closely with Amy Klein Aznar, who will transition to the role of Executive Chair of Debt & Special Situations later this year.
Later in the year Zerda will become the Head of Debt and Special Situations, overseeing its existing multi-strategy debt business of over 30 professionals, and spanning senior debt, mezzanine, and high yield strategies, as well as growing its special situations and value-add equity strategies. Zerda brings a 20-plus year track record of equity and debt investing in European real estate. He was most recently Head of Europe for Blackstones Real Estate Debt Strategies (BREDS).