Congratulations to our Co-founder Jerry Heinrichs, CCIM on his entry into the 2017 Midwest Commercial Real Estate Hall of Fame! His expertise, market knowledge and approach to delivering great results for his customers is second to none.
Below is the article as it appear in the Dec/Jan 2017 Issue:
The bio: It’s about time that Jerry Heinrichs was voted into the Commercial Real Estate Hall of Fame. One of the deans of Omaha real estate, Heinrichs received his CCIM designation in 1975, before some of the other inductees were even born. In fact, Heinrichs was the first Nebraska resident to ever be recognized as a Certified Commercial Investment Member. 1975 was the same year he co-founded Investors Realty, Inc. with Steve Farrell. “For six years in the 1990s, I was asked to be the CEO of a REIT that traded on the NYSE. After a merger at that REIT, I rejoined Investors Realty, Inc. as a salesman, focusing on investment sales and establishing partnerships,” he said. After leaving the helm of that Real Estate Investment Trust — Mid America Real Estate Investment Inc. — he specialized in 1031 exchanges at his old firm.
An industry leader: Heinrichs has helped grow Investors Realty to a full-service commercial real estate and property management firm that manages more than 5 million feet around the Omaha area and was part of more than $280 million in broker transactions in 2017. In all, Heinrichs has worked for 46 years in the CRE business. He started out as a sales manager for Dial Realty Inc., and, after four years, started his own firm with Farrell.
Big honors: Heinrichs is no stranger to industry honors, not surprising given his long and successful career. He was the 1989 local realtor of the year, a Costar power broker and was inducted into the Commercial Real Estate Summit Hall of Fame in 2015. He has created more than 25 partnerships during his career, and counts among his successes the boosting of one Investor’s portfolio from zero cash flow to more than $450,000 annually.
Giving back: Heinrichs spends extensive time volunteering with the Habitat for Humanity of Omaha, and has assisted this group in the purchase of its office, warehouse, ReStores and more than 150 lots. He has served as a board chairman at Omaha’s Jesuit Academy, a boys’ school, and has been a leader at Marian High School, an institution for girls. He founded the Omaha chapter of Ignatian Volunteer Corps, a Catholic organization that matches retired or semi-retired volunteers, 50 or older, who want to volunteer one or two days a week with a nonprofit that serves the poor and needy. He’s also served on the boards of the Omaha Area Board of Realtors and the Nebraska Board of Realtors.