February 5, 2020
CA Ventures, based in Chicago, launched a medical office and life sciences division, and appointed Russell Brenner as president of the new entity. CA plans to invest $500 million annually through development and value-add acquisitions nationwide.
“We’ve been evaluating an entry into the medical office and life sciences space for some time, not only because of strong market demand for healthcare real estate, but also because we’re uniquely positioned to leverage synergies with our existing senior housing and student housing verticals, the latter of which has investments near leading academic and research institutions,” said Tom Scott, CEO of CA Ventures.
Brenner comes to CA Ventures with more than 24 years’ real estate investment, finance and operational experience, most recently as partner at Stage Equity Partners and managing principal at Center Capital LLC. He has led the acquisition, development and leasing of more than seven million square feet of real estate.
Pictured: CA Ventures headquarters.
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