FOR IMMEDIATE RELEASE
Alessio Tropeano will lead the division, beginning with the execution of the firm’s initial life science project in Emeryville
CHICAGO (November 14, 2022) – CA Ventures (“CA”), the vertically integrated real estate investment management company, today announced the formal launch of its life science platform with the appointment of Alessio Tropeano as senior vice president. Tropeano will spearhead the execution of the division’s investment strategy and the further expansion of its portfolio.
“As an industry pioneer and leader in student housing, CA is in a distinct position to capitalize on the unparalleled momentum the life science industry has experienced over the last decade through our expansive student housing presence next to leading universities and prominent research institutions,” said Tom Scott, chief executive officer of CA Ventures. “We look forward to investing further into the sector leveraging both Alessio’s experience and our vertically integrated platform, robust pipeline and market exposure, which will enable us to uncover opportunities in emerging life science markets across the country,” added John Diedrich, managing principal and chief investment officer of CA Ventures.
Tropeano joins CA as the life science industry has experienced increased investment, growth and innovation over the last decade which was further propelled by the COVID-19 pandemic. The division’s initial investment includes a mixed-use transit-oriented development in Emeryville, California, comprised of 350,000-square-feet of Class A laboratory space, 30 homes for low-income renters and community-serving amenity space. Beyond the Emeryville project, the vertical’s investment strategy targets development and redevelopment projects in established cluster markets and top-tier university markets with strong research centers amongst other compelling fundamentals.
“As the industry has grown over the years, it has expanded beyond what has historically been the top two or three research and development markets in the U.S.,” added Alessio Tropeano, senior vice president of CA’s life science practice. “CA is well positioned to take advantage of this geographic expansion to budding markets that demonstrate compelling underlying market fundamentals to support a growing life science ecosystem through its trusted national network, reputation and reach.
Prior to joining CA, Tropeano served as a vice president on CBRE’s New York City life science team, where he was responsible for advising and representing owners and tenants in the office and life science sectors throughout North America. Within this role, Tropeano successfully advised owners and developers on more than 5.5 million square feet of new life science development projects in established and emerging markets throughout the U.S. and Canada. Prior to CBRE, Tropeano also held roles with Transwestern, where he focused on expanding the firm’s tenant representation business while working with owners on the repositioning and lease-up of their assets. Tropeano began his career as a net lease advisor with Sands Investment Group in Charleston, South Carolina, where he focused on the sale of small to mid-sized properties across the country, representing both institutional owners and private owners and developers on the disposition and acquisition of net leased assets. Tropeano graduated from the College of Charleston School of Business and Economics with a degree in Finance.
About CA Ventures
CA Ventures is a global vertically integrated real estate investment management company with more than $16 billion in assets across the United States and Europe. The Chicago-based firm offers comprehensive in-house investment, development and operational services, and specializes in a range of niche, commercial real estate asset classes including student living, senior living, multifamily, industrial, and life science. CA Ventures manages real estate investments on behalf of some of the world’s largest institutional investors across a range of core, value-add and opportunistic investment vehicles. The firm also offers third-party management services for student and residential assets. For more information, visit www.ca-ventures.com.
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