Harrison Street has named Dave Liu as vice president of asset management. Previously, Liu worked at Ventas Inc where he was vice president of asset management.
CHICAGO – June 10, 2019 — Harrison Street, one of the largest alternative real asset investment firms dedicated to the Education, Healthcare and Storage sectors, today announced that Dave Liu, who most recently served as Vice President, Asset Management at Ventas, Inc., has joined the firm as Vice President, Asset Management. In this role, he will be responsible for overseeing investments within Harrison Street’s Medical, Life Science and Senior Housing portfolios. Mr. Liu will report to Ben Mohns, Managing Director and Head of Asset Management.
At Ventas, Mr. Liu was responsible for the asset management of their university-based Life Sciences & Innovation portfolio, overseeing six million square feet across 32 assets, which generated more than $150 million of net operating income annually. He joined the firm in 2012 in the Acquisitions group and supported the execution and close of more than $1.5 billion in investments in healthcare-related real estate transactions, and later developed and executed a redevelopment strategy for Ventas’ triple-net lease Senior Living portfolio.
Mr. Mohns said, “We are pleased to welcome a professional of Dave’s caliber to Harrison Street, and look forward to drawing on his considerable healthcare asset management expertise, university relationships, and proven track record of driving performance and execution. Harrison Street is committed to supporting life sciences and innovation, as evidenced by the recent acquisition of Osborn Triangle, a state-of-the-art, multi-tenant office and laboratory complex located in Cambridge, Mass. We continue to focus on differentiating our firm by adding world-class talent to our already exceptional team of seasoned professionals and delivering superior risk-adjusted returns for our investors.”
Prior to joining Ventas, Mr. Liu worked at Sears Holdings Corporation as a Director in Real Estate Acquisitions and Dispositions executing transactions for a portfolio of over 2,000 retail, office, land and industrial properties. Mr. Liu earned an M.B.A. from the Yale School of Management and a B.A. in Psychology from Bates College.
Mr. Liu’s hiring follows the recent addition of Gregory Dandrea to Harrison Street’s Asset Management team as Vice President. Prior to joining Harrison Street, Mr. Dandrea oversaw the asset management group at Aspen Heights Partners, and before that, he was a Senior Asset Manager at Virtus Real Estate Capital.
About Harrison Street
Harrison Street is one of the leading investment management firms exclusively focused on alternative real assets. The firm has created a series of differentiated investment solutions focused on the Education, Healthcare and Storage sectors. Headquartered in Chicago with an office in London, the firm has more than 140-employees and approximately $20 billion in assets under management. Clients of the firm include a global institutional investor base from 11 countries. For more information, please visit www.harrisonst.com.