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Nuveen Names Chad Phillips Global Head of Real Estate

Nuveen, the investment manager of TIAA, said Monday that Chad W. Phillips will serve as global head of Nuveen Real Estate. The appointment is effective immediately, as the firm activates longstanding succession plans following Chris McGibbon’s decision to retire after nearly 25 years of service.

Phillips will be responsible for $141 billion in assets under management of commercial real estate equity and debt investments extending across 22 countries globally. He will also chair the Nuveen Real Estate Global Executive Leadership Team, which oversees the platform’s strategic initiatives.

With nearly 25 years of experience in all facets of real estate investing and portfolio management, Phillips joined Nuveen in 2019. “Chad is known for his leadership style, investment expertise and consistent commitment to client service,” said Mike Sales, CEO of real assets at Nuveen. “I have every confidence he will maintain our drive for excellence as he guides the platform into the future.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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