JPMorgan Chase announced a new market director of the central region of the real estate bank, Commercial Observer can first report. Julie thick replaces michelle herrickthe bank’s new head of real estate banking.
“The Central Region is an important market for our business,” Herrick said in a statement. “As a respected leader in Chicago’s institutional real estate community and at large recognized as a trusted advisor to clients, I am thrilled to have Julie take on this role. »
“I have never been so excited for what awaits me” Thick told CO.I’ve been in real estate financing for over 25 years and love that there’s constant evolution. We are always finding new ways to meet the needs of our customers and help them support the growth of their business. »
Previously, Thick was Director of National Subscription Lending at JP Morgan for over 12 years, a platform she rebuilt and led to drive record results.
“By focusing on efficiently delivering the best product, we’ve achieved over 80% growth in business over the past four years, which is phenomenal,” Thick said. “The important outcome of this statistic is the number of clients we have helped achieve their goals.”
She will temporarily oversee the subscription lending group but will begin a search to fill her previous position.
In the new role, Thick will assume responsibility for a team that helps clients with strategies and tools to maximize investment opportunities, manage operating costs, mitigate risk and manage assets for greater efficiency. . “During these unprecedented times, we have seen incredible resilience from our customers and our team,” said Thick. “Having been in the Chicago market my entire career, living and breathing real estate, I’m excited to see what the future holds.”
Prior to joining JP Morgan Chase in 2010, Thick held various senior positions in real estate finance with RBS Citizens Bank and LaSalle Bank. She earned her bachelor’s degree in business administration from University of Illinois at Urbana-Champaign. Thick is a member of the National Board of Directors of the Home Lenders AssociationChicago board member for NAIOPand serving as co-chair of the 2022 gala for the Goldie Initiative, an organization focused on advancing the next generation of female leaders in the real estate industry. She is also a frequent guest lecturer at the Gies School of Business at her alma mater, the University of Illinois.
Emily Fu can be contacted at: [email protected]