William Maher

Director of Strategy and Research, RFA

P: (240) 252-4777
E: wmaher@rclco.com

William Maher serves as the Director of Strategy and Research for RCLCO and RCLCO Fund Advisors, an affiliate business and a leading consultant to institutional advisors. Based in the Bethesda, Maryland offices, Bill leads all research efforts and develops house views on the economy, capital markets, metro economies, and property markets. In addition to serving as a member of the RCLCO Investment Committee, Bill develops real estate investment strategies for institutional clients, based on internally-developed risk and return metrics. He brings a wealth of knowledge and perspective from his decades-long experience as a respected economist and thought-leader to the real estate industry. William crafts quantitative and qualitative points of view regarding a range of real estate market topics, conducts research and prepares white papers, helps guide investment strategy, and develops research infrastructure to carry on this work over the long-term.

Prior to joining RCLCO, Mr. Maher worked at LaSalle Investment Management for twenty-five years as Director of Strategy and Research for the Americas, during which time the firm grew from a US only investor to a respected global investment management firm. For much of 2020, he worked with the Urban Land Institute, where as a Writer/Researcher he authored the U.S. component of ULI’s Emerging Trends in Real Estate. Before LaSalle, he was a Partner at Ernst & Young and an EVP & CFO at Halcyon Ltd.  He’s written and presented extensively on a wide range of topics of importance to the real estate industry. Bill has a Master’s in Urban Planning from Harvard University and a Bachelor’s in Economics from Williams College.

Industry Involvement

• Association of Foreign Investors in U.S. Real Estate
• International Council of Shopping Centers
  • Research Advisory Task Force
• National Association of Real Estate Investment Trusts
• National Multi Housing Council
  • Research Advisory Committee
• Real Estate Roundtable
  • Research Committee Vice Chair, 2004-2006
• Real Estate Research Institute
  • Board Member & President, 2012-2014
• Pension Real Estate Association
  • Publications Committee Chair, 2016-2018
• Urban Land Institute
  • Vice Chair of Program Committee, 2001-2006
  • Council Vice Chair, 2008-2018
  • Principal Commentator for ULI Real Estate Economic Forecast, 2015-Present
• Williams College Endowment
  • Real Assets Subcommittee, 2002-2019