Chicago-based CA Ventures, a real estate investment holding company, has expanded its European team in the with two new hires. Carlo Matta will head the new London-based European division of CA Ventures while Olaf Henschen will serve as managing director for developments in the Netherlands.
Correction: An earlier version of this news report misspelled Carlo Matta’s last name. It has since been corrected.
CHICAGO (July 26, 2018) – CA Ventures today announced two key hires to support the U.S. firm’s planned $500 million investment in the European housing market. Industry veterans joining the firm include Carlo Matta, who will head the new London-based European division of CA Ventures, and Olaf Henschen, who will serve as managing director for developments in the Netherlands.
“These strategic hires, both of whom were hand-picked given their extensive experience on the international stage, will accelerate the growth of our European division as we continue to identify development opportunities in vastly underserved markets,” said Tom Scott, CEO of CA Ventures. “With dozens of years of experience between them, Carlo and Olaf can provide us with the hyperlocal insights and relationships needed to build upon CA’s existing $4.5 billion student housing and multifamily residential portfolios across the U.S., Canada, Latin America and Europe.”
The appointments come a few months after CA Ventures, a leader in the U.S. student housing market, announced plans to expand in Europe. Specifically, CA is seeking to acquire both consented and unconsented schemes for development in addition to stalled for-sale schemes considering conversion to rental. As it grows its portfolio, the firm is seeking joint venture partners and offering broker incentives to source new investment opportunities. Target student accommodation markets will have a minimum enrollment of 15,000, while private-rented sector markets will boast a population of 200,000 or greater.
CA is currently developing two student housing communities in the U.K., two more in Poland, and is in active negotiations to acquire properties and development sites throughout both countries, as well as Ireland, Germany, Spain and the Netherlands.
Matta brings over 20 years of experience to the firm, most recently working as managing director at Optimum Asset Management in New York, where he oversaw the sourcing, fundraising and development of $530 million in real estate developments. Through prior leadership positions with Hines Europe in London and Actis, he has helped execute dozens of projects throughout Europe and West Africa valued at more than $3 billion in aggregate.
“I am excited at the prospect of leading CA’s European platform as the company embarks on its aggressive expansion in this new regional market,” said Matta. “I look forward to leveraging CA’s 15 years of experience in student housing investment, development and management to build a strong and successful European business. The continent’s student housing market is ripe for growth, and I am convinced CA, as a vertically integrated developer and operator, is uniquely positioned to become the market leader.”
A registered architect in Europe, Matta is a graduate of the Politecnico di Torino School of Architecture and holds an MBA from the McCombs School of Business at the University of Texas at Austin.
Olaf Henschen joins CA Ventures from LIFE Group in Antwerp, Belgium, where he served as managing director of the group’s residential real estate and student housing developments in the Netherlands. He brings over 20 years of real estate development and asset management experience to his new role as managing director for CA Ventures in the Netherlands, where he will focus on both purpose-built student accommodations and build-to-rent residential schemes throughout the country.
“I look forward to joining CA Ventures’ creative and experienced team, which has proven time and again that it can exceed market expectations by delivering a high-quality, in-demand product across virtually every property sector and in any location,” said Henschen. “The firm’s proven model, along with my market knowledge, development experience and network of local industry professionals, will allow me to build a Dutch team that will successfully grow the CA footprint in the Netherlands.”
Henschen earned a master’s degree in real estate from the University of Antwerp Management School. In addition, he holds bachelor’s degrees in management, economics and law from Fontys University of Applied Sciences, Eindhoven.
CA is actively seeking additional talent to join the international team.
About CA Ventures:
CA Ventures LLC is a Chicago-based real estate investment holding company whose international portfolio includes $7.8 billion in assets throughout the U.S., Europe and Latin America. While initially focused on student housing, CA Ventures has since diversified into other sectors, including office, senior lifestyle, multifamily, hospitality and industrial. In addition to development and renovation, the firm specializes in institutional joint ventures; value-add investing; equity and debt sourcing; and asset management services. CA Ventures serves as the holding company for the CA family of companies, including CA Student Living, CA Office / Vanderbilt Partners, CA Senior Living, CA Residential, CA Industrial, CAV International and CA Hospitality. For more information, visit www.ca-ventures.com.