Mesirow Financial has hired Tim Strang as vice president of acquisitions and dispositions for its institutional real estate, direct investments business.
In this new role, Strang will be involved in all aspects of the acquisitions and disposition process, including sourcing, financial analysis, due diligence and underwriting.
Strang brings 16 years of real estate experience to his role at Mesirow. Previously, he served as vice president of asset management at Redwood Capital Group, where he was responsible for a 25-property, multifamily real estate portfolio.
Prior to joining Redwood, Strang was responsible for acquisitions, dispositions and asset management at a Chicago-based real estate investment firm. He has also held positions at RREEF and State Teachers Retirement System of Ohio.
“Coming to Mesirow is a sort of homecoming for me,” says Strang. “I have worked with many of the team members here during my career and have the utmost respect for them and what they have built here at Mesirow. That, combined with Mesirow Financial’s solid reputation in the industry, made this a clear-cut decision for me. I look forward to being a part of this integral business within the firm’s growing Alternative Investments platform.”
“I am thrilled to add Tim to our team,” says Alasdair Cripps, senior managing director and head of Mesirow Financial institutional real estate, direct investments business. “As our business continues to experience significant growth, we are always on the lookout to enhance resources and add top talent to our growing platform. Bringing Tim on board will allow us to continue our focus on building a world-class institutional real estate, direct investment business. Moreover, I know the team is excited to reconnect with Tim as many of us have worked with him in the past and know his good nature and reputation for hard work.”