Veteran Leader Tapped to Help Shepherd Transwesterns Next Phase of Growth
February 06, 2024
HOUSTON – Adam Altsuler has been named Chief Financial Officer for Transwestern, an integrated commercial real estate organization spanning real estate services, development, investment management and hospitality. Serving as a key member of the firm’s Executive Committee, Altsuler is charged with setting enterprise-wide fiscal priorities and overseeing all financial matters for Transwestern as it executes a bold transformation designed to scale capabilities and optimize synergies to support its mission of value creation. Altsuler succeeds Steve Harding, who held the CFO post for 21 years before being promoted to the role of Chief Transformation Officer (CTO) in 2023.
"I am grateful to Steve for more than two decades of financial acumen and outstanding servant leadership,” said Transwestern CEO Larry P. Heard. “Through market ups and downs, he has been an exemplary partner to our national and regional leaders, steering our financial strategy with discipline, accountability and deep commitment to our people, clients and investors. There is no one better equipped to ensure Transwestern fully delivers on its value proposition today and well into the future.”
Heard continued, “Adam is a highly respected, accomplished leader adept at collaborating across a diverse organization. As Transwestern continues to evolve and grow, his foresight and broad financial expertise will propel our ability to capitalize on platform strengths, achieve strategic efficiencies, and execute business strategies. The value he places on financial integrity and strength aligns with our commitment to service excellence that creates value for our investors, clients and team members.”
Before joining Transwestern, Altsuler was Executive Vice President and CFO of U.S. Development Group, which develops, owns and manages large-scale multi-modal logistics centers and energy infrastructure in North America. During his 10 years with the company, he oversaw corporate finance, financial planning, treasury, capital markets, accounting and investor relations activities. Altsuler started his career in investment banking at Donaldson, Lufkin and Jenrette/Credit Suisse First Boston before serving as an investment analyst at an energy-focused hedge fund and holding financial leadership roles at Eagle Rock Energy Partners.
“I am excited to join a team of exceptional commercial real estate leaders who are committed to advancing the firm’s financial priorities and enhancing Transwestern’s legacy as a strong fiduciary to its clients and partners,” said Altsuler. “This is a unique opportunity to support growth through structuring and financing that will enrich the knowledge and expertise we bring to the industry.”
Altsuler earned a BBA in finance from The University of Texas at Austin and an MBA from Rice University, graduating Beta Gamma Sigma. He currently serves on the Advisory Council for KBH Energy Center at The University of Texas at Austin McCombs School of Business.
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Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment, development, hospitality, and brokerage and asset services. Our award-winning, collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions, reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern.