Press Releases

Industry Veteran to Advance Data-Driven Strategies Across Organization

March 12, 2025


HOUSTON – Transwestern, a privately held and fully integrated commercial real estate platform spanning real estate services, investment management, development, and hospitality, announces the appointment of Hans Nordby as Executive Managing Director of Research. In this position, Nordby will lead national research initiatives, leveraging the firm’s robust data and analytics capabilities to develop compelling narratives that drive thought leadership efforts and support insights shared with Transwestern investors and clients.

“Hans’s ability to produce research that is relevant to our investors and clients and informs their investment decisions was crucial to his recruitment,” said Larry P. Heard, CEO of Transwestern. “Distilling myriad data into concise, proprietary thought leadership will differentiate Transwestern’s work product and better equip our teams to support their respective clients. Hans has years of experience in this regard, and we are fortunate to welcome him to Transwestern.”

Nordby brings over 20 years of experience in real estate research and analytics to Transwestern. Previously, he served as Head of Research and Analytics at Lionstone Investments as well as the Managing Director at CoStar Portfolio Strategy (formerly PPR), where he led the research agenda and advised public, private, debt, and equity commercial real estate clients on investment and lending strategies.

"Transwestern's integrated model offers an opportunity to cultivate a unique approach to thought leadership – one that instills greater confidence and provides more agility for decision making,” said Nordby. “I look forward to partnering with leadership and the talented teams across the country to further build upon the firm’s strong foundational data, connecting it in ways that paints a more complete picture of the commercial real estate landscape.”

Nordby holds an MBA in Finance from Indiana University and a Bachelor of Arts, Magna Cum Laude, from the University of Minnesota. He serves on the Publications Committee of the Pension Real Estate Association (PREA), the Industry Advisory Council of the American Real Estate Society (ARES), and the Editorial Board of the Association of Foreign Investors in Real Estate’s (AFIRE) Summit Journal. His research has been published in numerous industry outlets, including PREA, ULI, and AFIRE, and he has been quoted in major media publications such as the Wall Street Journal, CNN and Bloomberg.

A headshot is available for download here.

About The Transwestern Companies
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.

Media Contact:
Monica Sparreo
312.881.7059
monica.sparreo@transwestern.com
twmediarelations@transwestern.com

Hans Nordby

Executive Managing Director, Research

Houston, Texas

(214) 572-9830

Larry Heard

Chief Executive Officer

Houston, Texas

(713) 270-3306