ICA Launches Real Estate Venture
Chicago-based mortgage lending specialist Innovative Capital Advisors (ICA), has partnered with Chicago-based HSA Commercial Real Estate, a full-service real estate firm, to launch ICA Real Estate Equity Fund I, a $50 million investment fund seeking commercial real estate acquisition and investment opportunities. The fund is being managed by Peter Mavrogenes, senior managing director and CEO of ICA, and Tim Blum, executive vice president of HSA Commercial. Both are finance and real estate veterans and principal investors in the fund’s first installment.
3 October 2011•3 mins read
