Chicago-based CA Ventures, a real estate investment holding company, has appointed Nishant Bakaya as chief investment officer. Previously, Bakaya worked at Evercore Partners where he was co-head of real estate private capital.
CHICAGO (Nov. 21, 2017) — CA Ventures today announced that Nishant Bakaya has joined the firm as chief investment officer. In his new role, Bakaya will lead CA Ventures’ investment management team, helping to manage the firm’s strategy across multiple asset classes, including student housing, senior housing, residential and hospitality.
“Nishant has served as a trusted strategic adviser to CA Ventures for several years, and his proven ability to source and execute large, complex investments and manage institutional capital will prove invaluable as we continue to grow the company across asset classes and geographies,” said Tom Scott, CEO of CA Ventures. “We are thrilled to welcome him to our multidisciplinary team as the latest example of how CA Ventures is a destination for the industry’s most talented and accomplished professionals.”
Bakaya, 41, joins CA Ventures from Evercore Partners, where he was co-head of real estate private capital. Prior to that, he worked at UBS Investment Bank and JP Morgan. Over the course of his career, Bakaya has been involved in over $100 billion of real estate transactions across the senior housing, student housing, hospitality, multifamily and retail asset classes.
“I have worked closely with the CA Ventures leadership team over the last several years and am excited to join this unique real estate investment platform,” said Bakaya. “The firm’s vertically integrated platform, data-driven investing approach and prudent risk management differentiate it from other real estate investment managers and has attracted some of the largest and most sophisticated institutional investors in real estate.”
Bakaya most recently advised CA Ventures on its $660 million joint venture with QuadReal Property Group and GI Partners to acquire, develop and manage student housing properties at select universities throughout the United States.
Bakaya holds an MBA with honors from the University of Chicago and bachelor’s degree in economics from Franklin & Marshall College.
About CA Ventures:
CA Ventures LLC is a Chicago-based real estate investment holding company whose international portfolio includes $6.7 billion in assets throughout the U.S. and Latin America. While initially focused on student housing, CA Ventures has since diversified into other sectors, including office, senior lifestyle, multifamily, and hospitality. 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 International, CA Hospitality, and CA Asset Services. For more information, visit www.ca-ventures.com.