IIJournals JPM-Special Real Estate Article Collection | Page 13

TI O N Remembering Susan Hudson-Wilson R T T FO wenty years ago I was attempting to figure out “What to do about Susan?” Susan Hudson-Wilson was her own little universe within AEW, a veritable galaxy of insight and energy with tremendous charismatic attraction. Like all great forces, her gravity had the capacity to create great works, but also to pull some things apart. Susan’s brilliance and ambition thrust her into a leadership role in remaking the standards and practices of our firm, and of the entire real estate investment industry. She was a visionary on the go, and could neither be contained nor constrained. She drove forcefully and inexorably in whatever direction she felt was the one right way. Thankfully, Susan, who was always straightforward, agreed with the principals N O —Editorial Board, 2013 Special Real Estate Issue D IS TR IB U In honor of the lasting legacy of Susan Hudson-Wilson, leading figures in the institutional real estate community were asked to share their thoughts on Susan and her influence. We apologize that there are certainly many who knew Susan well or were influenced by her that are not represented below; Susan cast a long shadow over the industry, and to hear from all who felt her impact would easily fill the full issue. What follows are the thoughts of colleagues and competitors, clients and researchers, those who were there when she started and those whom she helped get started, and many close friends as well as some who felt her influence from afar. Susan did much to change how commercial real estate is viewed by institutional investors, but readers of the following will note the tremendous impact Susan had not only on the industry but also on the individuals within it. of AEW to evaluate her role and decide on the optimum route forward for herself and the firm. With reluctance and admiration, after a yearlong review, we all accepted her final decision to launch Property & Portfolio Research (PPR). I can remember her great pride when her former colleagues awarded her the exclusive use of part of the original AEW logo (the red ampersand) as a takeoff gift. We were all proud of birthing an independent research boutique led by a very bright star. We very much miss her. —Peter Aldrich The f irst time I met Susan was at AEW, circa 1990. We had belatedly gotten religion about the importance of research in investment decision making, and rescued Susan from a sleepy insurance company—in 24      R emembering Susan Hudson-Wilson Copyright © 2013 Institutional Investor Journals LLC. Not for distribution. Special R eal Estate Issue 2013