CRG, the Chicago-based real estate development and investment management firm, announced changes to its executive leadership team to support continued growth and expansion into new U.S. markets. Shawn Clark, formerly president, was appointed to the role of chief executive officer of the firm. At the same time, Chris McKee, who previously served as chief development officer, will assume the role of president. The elevation of both leaders will further strengthen the internal infrastructure needed to manage the firm’s rapid scale of growth, including the opening of eight regional offices and completion of over $2 billion in transactions annually.
Clark’s new role as CEO reflects his continued focus on the company’s long-term vision, strategy and overall direction. Clark will remain deeply engaged with the firm’s growing investment management platform, which is a key part of CRG’s growth strategy. He will work closely with McKee, COO Steve Schnur, and all departments to deliver exceptional industrial, office, multifamily, student housing and mixed-use assets for clients and investors while fostering a supportive, inclusive and rewarding work environment for all team members.
McKee’s new role as president recognizes his significant contributions to the organization. With over two decades of commercial real estate experience, McKee has a proven track record of identifying and executing on lucrative real estate development opportunities. In his new role, he will continue to oversee the entire development deal flow, providing strategic direction, fostering relationships with stakeholders and driving the company’s continued growth and expansion.
Clark and McKee will work closely with Schnur, who seamlessly integrated into CRG’s team as chief operating officer last month, to guide the firm’s strategic growth and continued expansion of its real estate development and investment activities across North America. Schnur will also play an important role in enhancing the firm’s internal processes pertaining to acquisitions, development, leasing, asset management and property management.
