17. Supercharging a Family Business with Daniel Klein, President of Klein Enterprises

The Dealmakers’ Edge with A.Y. Strauss

When Daniel Klein’s grandfather told him the family business needed him, he couldn’t say no. He took a pay cut, moved home, and started learning every component of building a healthy, recession-proof commercial real estate company. Fast forward twenty years later, and Klein has led the company to amass a $2 billion real estate portfolio. Listen as he shares a philosophical approach to the in’s and out’s of growing and managing a family business.

Highlights include:

• Positioning a family business for exponential growth.
• Handling the challenges of working in a family business.
• The “Forrest Gump” approach to commercial real estate deals.

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ABOUT THE GUEST

Daniel Klein serves as President of Klein Enterprises, a 4th generation developer, owner, and operator of commercial real estate throughout the Mid-Atlantic Region. Daniel first began his career in real estate working with the maintenance crews of his grandfather’s shopping centers in 1996, eventually transitioning to the brokerage and investment side. Daniel officially joined Klein Enterprises in June 2004 and continued to master all aspects of the business including acquisitions, development, financing, leasing and management.

In his role as President, Daniel is responsible for the company’s overall performance, managing financing and capital raising, leasing, asset management, development & acquisitions. Daniel runs the Company each day with a focus on optimizing the performance of the existing portfolio while implementing a strategy for longer term growth.

Daniel graduated from Boston University with a BS in Communication and a concentration in Economics. Daniel holds a Real Estate Salesperson’s License in Maryland. Also, Daniel serves as a member of YPO (Young President’s Organization), the International Council of Shopping Center (ICSC) and the Urban Land Institute (ULI). Additionally, Daniel served on the Board of Trustees and Chaired the Facilities Committee for the Park School, acted as a member of the Board of Directors for the University of Baltimore Foundation, and currently serves on both the Board of Directors and the Board of Governors of The Associated (the Jewish Community Federation of Baltimore).

Bio courtesy of Klein Enterprises.

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