MCLEAN, Va., June 16 /PRNewswire/ -- Matthew Cady has been named Vice President, U.S. Fund Investment Management for JER Partners. Mr. Cady will be responsible for sourcing, acquisition and asset management for investments in all sectors and regions of the U.S. He is based at the firm's office in McLean, Virginia, and reports to Jim Smith, Managing Director of JER Partners' U.S. Funds.
"We are thrilled to have Matt join the team as we continue to actively manage our assets and work to create additional value in our existing portfolio. We are also excited about pursuing new investments in healthcare real estate and other investment opportunities emerging on the horizon," commented Smith. "His foundation of acquisition and asset management experience across multiple property types will be a great addition to a solid team."
Mr. Cady joins JER Partners from Macquarie Capital Funds, where he served as Vice President of Portfolio Management since 2005. While at Macquarie, Mr. Cady was instrumental in managing two publicly listed Australian property trusts, as well as joint venture partnerships with leading U.S. industrial and retail REITs, with a combined real estate value of $4 billion. He also served on the acquisitions team, which acquired over $150 million of core and value-add retail centers during his tenure.
Prior to Macquarie, Mr. Cady served as a Senior Associate at INVESCO Real Estate where he was responsible for acquisition underwriting, due diligence and market analysis of core investments in the major markets of the Mid-Atlantic and Northeastern U.S. He has also held positions at Barrow Street Capital, ING Clarion Partners and Cantor Fitzgerald.
Mr. Cady is a graduate of Colgate University with a Bachelor of Arts in economics.
JER Partners (JER) is a fully integrated private real estate investment management company with more than 29 years of experience in sourcing, underwriting and managing a broad spectrum of real estate equity investments and debt products in the U.S. and Europe. Together with its financial and operating partners, JER has purchased and managed approximately 15,000 assets totaling $28 billion. The firm also invests in CMBS, mezzanine financing and other structured debt products. For more information, visit www.jer.com.
SOURCE JER Partners