Paul Maenner has spent over four decades on every side of commercial real estate, and that range is what he brings to families facing a property decision.
He began as an analyst with Landauer Associates in Chicago, valuing more than $2 billion of office towers, regional malls, hotels and industrial portfolios for institutional investors nationwide. In Minneapolis, he went on to work as a broker, leasing agent, property manager and asset manager, then spent two decades developing and redeveloping retail, office, multifamily and senior housing properties as a principal with his own capital at risk. As a developer he navigated lenders, tenants, municipalities and investors through two recessions; at The Waters Senior Living he led expansion into Pittsburgh, among the hardest markets in the country to build in; and at Axial Real Estate Advisors he partnered in more than $250 million of investment activity on behalf of family, offices and private investors.
Through Maenner Property Advisors, he now focuses that experience on families and individual owners whose commercial real estate must be passed on, restructured or sold as one generation gives way to the next. His engagements can range from a single consultation to a multi-year embedded advisor role.
Paul is a member of The Counselors of Real Estate, an invitation-only organization of commercial real estate advisors, and writes
Untangled Property, a newsletter on family-held commercial real estate. He holds a B.S. from Northwestern University's School of Speech, with minors in economics and German.
