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| Mark Lecocq |
CRG, Clayco's real estate arm, is focused on development of high-quality real estate projects throughout North America and primarily invests in three types of real estate; industrial warehouses in key logistics corridors, mixed-used and multi-family in emerging urban neighborhoods, and build-to-suit corporate headquarters.
The company recently closed on a multi-family project in Fort Worth, Texas with 242 units in the bustling Near South Side neighborhood.
"Mark brings key leadership to our team's development and finance activities," said CRG President Shawn Clark. "His extensive track record of originating and structuring institutional-grade projects strengthens confidence with our investors and allows him to hit the ground running."
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| Shawn Clark |
Prior to joining CRG, Lecocq spent nine years at The Fifield Companies, most recently as Executive Vice President of Finance, Development and Acquisitions.
During his tenure, the company's portfolio of active projects included over 4,500 multi-family units valued at over $2 Billion in the Chicago, Austin, Dallas, Los Angeles and Miami markets.
"CRG's multi-family business has a terrific track-record and clear strategy for growth," said Lecocq. "I look forward to leveraging Clayco's integrated platform to expand and capitalize CRG's current pipeline of multi-family projects throughout the country.
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| A.M. 1980 Residences, Bucktown, Chicago, IL |
"It's a unique delivery model that creates a giant competitive advantage for CRG and its investors, as well as beautiful communities for our residents."
The project in Fort Worth will be a continuation of CRG's "chapter" branded multi-family developments. The property is located in the bustling Near South Side neighborhood of Fort Worth, home to several of the largest employers in the market.
The building amenities include a state-of-the-art fitness center, co-working space and a landscaped courtyard with an infinity-edged pool, barbeque grills, firepits and terraced seating. Resident occupancy is schedule for the second quarter of 2021.
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| Upshore Chapter Apartments, Uptown, Chicago, IL |
CRG's most recent multi-family projects in Chicago include the A.M. 1980 Residences, a 132-unit apartment development in Bucktown, and Upshore Chapter, a 149-unit apartment building in Uptown.
In addition to these, CRG's apartment development pipeline includes projects in Chicago, San Diego, Denver and other high-growth markets throughout the United States.
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