DALLAS, TX – Actual property funding advisor Transwestern Funding Group has employed trade veteran Gary Jaye as government managing director and chief funding officer.
In his new place, Jaye will direct TIG’s total investments, together with the Transwestern Strategic Companions Fund collection and varied separate accounts. He may also lead a crew of nationwide funding professionals.
Jaye joins TIG from CBRE funding administration, the place he most not too long ago served as head of logistics for the Americas. Inside his function at CBRE, Jaye was chargeable for the sourcing, underwriting, negotiating, due diligence, closing and asset administration of logistics property. He additionally beforehand served as CBRE’s head of business transaction administration for the Americas and for the US core funding platform.
All through his profession, Jaye has accomplished greater than $22 billion of direct investments and greater than $7 billion in structured transactions, joint-ventures and improvement initiatives.
“TIG continues to broaden each its market presence and its investor relationships, which require a scrupulous understanding of actual property market fundamentals, capital markets and the general funding setting,” states Charles Hazen, TIG president. “Gary possesses an impressive observe report with regards to sourcing funding alternatives, capital formation and nurturing relationships with traders, advisors and builders. Our crew and the traders we serve will profit enormously from his expertise and perception, and we’re very happy to welcome him to Transwestern.”
Jaye will help in directing Transwestern Strategic Companions Fund III, for which TIG has raised $325 million. The fund will pursue diversified value-add funding and improvement alternatives in US markets which can be pushed by robust job development and world provide chains.
“Transwestern Funding Group is a highly-respected model with a robust, collaborative tradition, and its market-leading returns communicate for themselves,” says Jaye. “As a part of an built-in, full-service industrial actual property group, there may be great alternative to increase our attain geographically and additional diversify our institutional investor relationships. I look forwarding supporting and accelerating the wonderful work underway at TIG.”
Jaye is a member of ICSC and NAIOP. He earned a bachelor’s diploma from Central Connecticut State College and an MBA from the Martin J. Whitman College of Administration at Syracuse College.
