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Chicago, Midwest | People & Company News for Oct. 27, 2023
- Kiser Group celebrated a company milestone, with the firm’s Aaron Sklar and Noah Birk closing their 50th building this year, totaling 988 Units, worth $90 million. This marks the seventh consecutive year the team has maintained a streak of selling a minimum of 50 apartment buildings. “This year’s success is a reflection of our commitment to our clients and the Chicago real estate market. We take pride in achieving these remarkable milestones, and we’re thrilled to contribute to the growth and prosperity of our clients,” said Sklar.
- Industrial Outdoor Ventures (IOV), the first national real estate investor specializing exclusively in industrial service facilities across the U.S., announced the appointment of Raymond Keeler as Chief Financial Officer. He has also been named a member of the firm’s Investment Committee. Keeler brings more than 20 years of commercial real estate and corporate finance leadership experience to his role as CFO. In this role, Keeler is responsible for the overall financial strategy of the firm. He will also manage relationships with key external parties such as auditors, bank groups, joint venture partners, and third-party property managers.
- Buckingham, a national vertically integrated real estate investment company, announced the addition of Ian Bingham as Senior Vice President of Business Development to the executive team. In this new role, Bingham will lead Buckingham’s expansion into third-party multifamily management. Bingham brings over two decades of multifamily experience in market rate, student housing, built-to-rent and affordable housing. Prior to joining Buckingham, he served as the senior vice president of business development and client relations for several respected rental housing firms including RPM Living, Village Green Holdings and Middleburg Communities. Ian specializes in assisting clients in achieving their investment goals and has an extensive understanding of more than 30 markets.
- Cresa, an occupier-centric commercial real estate firm, has appointed Suellen Ravanas to its Board of Directors. The longtime finance executive brings significant industry, financial and M&A experience to the role. As Cresa’s newest outside board member, Ravanas will serve on the firm’s Finance Committee. “Suellen’s skill and proficiency with board governance and financial acumen will be critical for our next stage of growth,” said CEO Tod Lickerman. Ravanas most recently served as Global CFO at Circana, a leading provider of big data and predictive analytics. In this role she oversaw the firm’s global financial operations and was responsible for driving growth and delivering financial results. She is the former CFO of several large companies including JLL Americas, Publicis NA, and Leo Burnett.
- JLL’s Value and Risk Advisory platform has welcomed Stephanie Phipps as a Director within its multi-housing sector led by Executive Managing Director Kai Pan. Phipps will work alongside the current Build-to-Rent (BTR) subsector team lead Executive Director Jason Allen. Phipps, an experienced Certified General Appraiser, will bring expertise to the subdivision and build-to-rent subsector at JLL, further strengthening the group’s capabilities across the U.S. Phipps is joining JLL from BBG out of the Pacific Northwest region, where she spent the last seven years. Multi-family, subdivisions and most recently build-to-rent projects are the fields of expertise that have been her focus over the last several years.
- Cara Collective, a Chicago-based nonprofit in workforce development and poverty alleviation, announced an $8 million gift from billionaire philanthropist MacKenzie Scott. This record-breaking donation is the largest gift in Cara Collective’s more than 30-year history and will help the organization, dramatically increase its reach and impact, while creating long-term financial sustainability for communities. “We are humbled and grateful that Ms. Scott has chosen to recognize Cara Collective with this monumental gift,” said Kathleen St. Louis Caliento, President & CEO of Cara Collective. The donation will help widen the organization’s reach throughout Chicago by bringing programs and services into more neighborhoods across the city. It will also support diversifying workforce development programming to meet the increasing needs of thousands of job seekers.
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