HOUSTON – Transwestern announces Greg Munson has been promoted to Chief Executive Officer of Services at Transwestern. He assumes responsibilities previously held by Larry Heard, who served as Transwestern's CEO for more than 23 years and remains actively involved across the enterprise, focusing on large-scale transactions, key client relationships, capital raising and strategic opportunities.
“Through steadfast leadership and operational agility, Greg has driven transformative change within our Services business that continues to enhance Transwestern’s competitive edge,” Heard said. “Elevating a proven partner positions us to extend our reach while preserving the collaborative approach that has been central to our success.”
Munson has served as President of Transwestern Services since 2023. He joined the firm 11 years ago as Minneapolis market leader and later served as Midwest Executive Managing Director, leading growth across the region. As national president, he worked with leadership to complete five strategic acquisitions in Chicago, the Mid-Atlantic, Philadelphia and Minneapolis and add more than a dozen senior leaders. During his tenure, Services delivered the strongest financial results in its history, including 20% top-line revenue growth.
“We have an extraordinary opportunity to build on our momentum,” Munson said. “We remain focused on accelerating growth, expanding capabilities and continuing to bring the best of Transwestern to our clients, while honoring the entrepreneurial culture and local expertise that have always set us apart. Larry’s leadership helped shape the firm we are today, and I’m grateful to continue working alongside him as we design the next chapter.”
Munson will report to Executive Chairman Robert Duncan and work with Heard and leaders across the firm to advance Transwestern Services and strengthen collaboration across the enterprise.
“Transwestern brings Investments, Development and Services together in an integrated platform designed to deliver value across the real estate lifecycle,” Duncan said. “Larry and I have been partners for 43 years, and I’m excited to build on what we have created together and position Transwestern Services for continued success under Greg’s leadership.”
About Transwestern
Transwestern is a vertically integrated commercial real estate firm dedicated to serving investors, partners and clients through expertise in investment, development, brokerage and property management. We own, lease and operate $64 billion1 in assets. Our experience spans diverse property types, including logistics, multifamily, retail, mixed-use, healthcare, office, data centers, hotels, sports & entertainment, and life sciences. Across 35 offices nationwide, our team is united by a culture that cultivates agility, mutual trust and high performance. Learn more at transwestern.com.
1Includes all Transwestern enterprise assets and its RAUM as of April 1, 2026
Media Contact:
Montgomery Rayes
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montgomery.rayes@transwestern.com
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