General Investing >> Money Manager Interviews >> February 1, 1999
WILLIAM K. MORRILL, JR., is a Managing Director and CEO of LaSalle
Investment Management (Securities) with 16 years of real estate
experience. Mr. Morrill is Chairman of the Securities Investment
Committee and is responsible for the Real Estate Securities Group. From
1987 to 1993, Mr. Morrill was in charge of the direct real estate asset
management division of LaSalle and from 1993 to 1994 was the head of
LaSalle's direct real estate Investment Committee, in addition to
managing the real estate securities program. Prior to joining LaSalle
Investment Management (Securities) in 1985, Mr. Morrill served as Senior
Vice President of Finance and Domestic Operations for a Baltimore firm
with interests in construction and real estate development. Mr. Morrill
has authored articles on real estate investment trusts in Investment
Decisions, Real Estate Finance, Pension World, and Real Estate
Accounting and Taxation. He is a member of the National Association of
Real Estate Investment Trusts (NAREIT) and is on the Editorial Board for
the REIT Report published by NAREIT. Mr. Morrill holds a BA degree from
The Johns Hopkins University and an MBA with Distinction from the
Harvard Business School. Profile
KEITH R. PAULEY is an International Managing Director and CIO of LaSalle
Investment Management (Securities) with 15 years of real estate
experience. His responsibilities include portfolio management of the
real estate securities separate accounts and research coverage and
security analysis of the publicly traded real estate companies. Mr.
Pauley has authored articles on real estate securities in Real Estate
Finance, Real Estate Research and Pension World. He is a Chartered
Financial Analyst and a member of the Baltimore Security Analysts
Society. Mr. Pauley is an associate member of the National Association
of Real Estate Investment Trusts (NAREIT) and a past member of its Board
of Governors and co-Chairman of its Research Committee. He graduated
from the University of Maryland with a BA degree in Economics and an MBA
degree in Finance. Mr. Pauley joined the firm in 1986. Profile
TWST: What do you do in general to manage money at ABKB/LaSalle? Mr. Morrill: We have always considered ourselves to be real estate
investment managers. We happen to invest in real estate by