IIJournals JPM-Special Real Estate Article Collection | Seite 20

In addition to Susan’s first-rate mind, she was exceptionally skilled verbally and in writing. She transformed the way we do business and has left her mark on the real estate world. —Jerry Speyer All of us in the industry knew Susan as a keenly intelligent woman of strong convictions—not one to equivocate, professionally or personally. She strongly believed that data and rigorous analysis, not “tummy rubbing,” should guide investment decisions. No waff ling for Susan; she presented her beliefs with a clarity and ferocity that her clients appreciated. Beyond her professional persona, Susan was a generous and loyal colleague and friend. When she sold Property & Portfolio Research, she shared the proceeds with her employees. She wasn’t contractually obligated to do so, she just considered it the right thing to do. And Susan always did what she thought was right. Many of Susan’s professional acquaintances weren’t aware of her love of children and animals. My family visited her and her husband John many times over the years, both in Maine and Vieques, where Susan was a major force behind animal rescue organizations (as well as a foster mother to cats with new litters). Children delighted Susan. I can still hear her laughing and joking with my three kids—indeed, these are my fondest memories of her. In my family, as in the industry, she is very much missed. —Bill Tanski Susan lived and worked in Boston, as we did, and we frequently bumped into each other, but more often on the sidewalk than at industry meetings. Those encounters were always enjoyable and filled with intellectually challenging conversation. Susan was a pioneer in real estate research, with a true, unrelenting intellectual curiosity that we respected profoundly. She also had remarkable business acumen. As competitors, we frequently felt outfoxed or outf lanked. She had more energy. Susan once discussed with us a new deliverable that clients “were dying for.” There wasn’t any data, we said, and she assuredly replied that she would find some! And of course, she did! While Susan believed strongly in research, she once mentioned to us that she often wondered whether she had gone into the wrong business—selling analysis and forecasts. Instead she suggested that “we should have directly managed money—strictly by the numbers.” We all agreed we would have made more money but enjoyed it much less. Susan was successful at an early age and clearly a leader who was looked up to by all. We all will miss her greatly and regret not having spent more time with her. —Ray Torto and Bill Wheaton To order reprints of this article, please contact Dewey Palmieri at dpalmieri@ iijournals.com or 212-224-3675. We remember Susan Hudson-Wilson with great fondness as our colleague, our competitor, and our friend. Special R eal Estate Issue 2013 The Journal of Portfolio M anagement      31