Chuck Schreiber

Schreiber founded KBS — a leading commercial real estate investment company that has completed more than $45 billion in transactions — in 1992 with real estate veterans Don Koll and Peter Bren and now sits as chief executive of KBS’ real estate investment trusts, where there road hasn’t always been smooth.

In 2023, the KBS Real Estate Investment Trust III warned it could cease to exist because of the then challenging commercial real estate lending environment, claiming its properties lost $350 million in value.

But, in February last year, that same REIT completed a refinancing totaling more than $800 million. The first: a 1.5 million square-foot building in Chicago anchored by the Accenture Tower. The second was a collection of Class A office buildings in Minneapolis, the Dallas-Forth Worth metro, Silicon Valley and the Bay Area. (The REIT then sold Sterling Plaza, a 300,000-square-foot office tower in Dallas.) That refinancing, led by Schreiber, brought the REIT’s total loan transactions to $1.33 billion since February 2024, meaning it either refinanced or extended more than $1 billion of maturing debt.

Schreiber was previously executive vice president of Koll Investment Management Services and executive vice president of acquisitions and dispositions for The Koll Company

— Alena Botros