Wednesday, June 8, 2016

CA Ventures and The Habitat Company Announce Partnership to Manage and Expand $600 Million Apartment Portfolio


Tom Scott
CHICAGO, IL (June 8, 2016) — CA Residential LLC, the multifamily investment and development division of CA Ventures, together with The Habitat Company today announced the launch of a programmatic partnership through which Habitat will assume management of a five-building, 1,215-unit apartment portfolio owned by CA.

 In addition, the Chicago-based firms will draw on more than half a century of collective experience in the multifamily sector to pursue co-development and investment opportunities in select markets throughout the U.S., targeting properties between $40 million and $120 million. 

“Since our inception, we have worked tirelessly to unearth opportunity in niche markets – both geographically and in various sectors of commercial real estate – where few other developers have thought to look,” said Tom Scott, CEO of CA Ventures.

“Our strategic alliance with The Habitat Company is one of many relationships we’ve established along the way and will supplement our development and investment expertise with high-quality development experience and the best-in-class management services for which Habitat has been known for the past 45 years.”

For a complete copy of the company’s news release, please contact:

Sara Williams, swilliams@taylorjohnson.com, 312-267-4510

Kim Manning, kmanning@taylorjohnson.com, 312- 267-4527

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