Len O’Donnell Named CEO of USAA Real Estate Co.

Pat Duncan, CEO of USAA Real Estate Co., San Antonio, will retire from the day-to-day activities of the company effective May 1.

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Duncan will remain on several entity-related company boards, including the RealCo board as executive vice chairman, and will also remain on the boards of various RealCo subsidiaries and affiliates.

Len O’Donnell will succeed Pat Duncan as CEO of RealCo.

For the past two years, O’Donnell has served as RealCo’s president and chief operating officer, overseeing all operations of the company including acquisitions, global investing, capital markets and portfolio management.

Before he joined USAA, O’Donnell was a RealCo development partner as he served as principal and chief investment officer for Crimson Real Estate Fund, which specialized in value-added acquisitions and build-to-suit development.


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