The Minnesota Real Estate Hall of Fame was established by the Shenehon Center for Real Estate at the University of St. Thomas Opus College of Business to honor leaders in the local real estate community. As we begin taking nominations for the 2011 Minnesota Real Estate Hall of Fame, we wanted to introduce you to the esteemed group of current Minnesota Hall of Fame members. Meet William Reiling, 2010 Minnesota Real Estate Hall of Fame Inductee.
In the real estate industry, Mr. William Reiling is known for his energy, enthusiasm and integrity. His early life as a poor farm kid has given him a unique perspective that is evident in his business dealings today.
Temporarily leaving the world of commercial banking in 1973, Mr. Reiling became president and co-owner of Towle Real Estate Company. Under his leadership, the firm posted solid and profitable growth throughout the 1970s and early 1980s. During this time, Towle expanded its property management business outside of the Twin Cities to include offices in Tulsa, Cedar Rapids, Denver, Des Moines and Eau Claire. With many companies expanding to multiple locations nationwide, Towle began to provide services over larger geographic areas. To meet this need, the company founded American Realty Services Group with two other firms: F.C. Tucker in Indianapolis and Turley Martin in St. Louis. This group eventually became known as Colliers International.