CRG, a national real estate development and investment firm, has hired Mark Lecocq as senior vice president of finance. Lecocq will lead capital markets for the company’s expanding mixed-use and multifamily project portfolios.
CRG, Clayco’s real estate arm, is focused on development of high-quality real estate projects throughout North America and primarily invests in three types of real estate; industrial warehouses in key logistics corridors, mixed-used and multifamily in emerging urban neighborhoods and build-to-suit corporate headquarters. The firm’s most recent multifamily projects in Chicago include the A.M. 1980 Residences, a 132-unit apartment development in Bucktown, and Upshore Chapter, a 149-unit apartment building in Uptown. In addition to these, CRG’s apartment development pipeline includes projects in Chicago, San Diego, Denver and other high-growth markets throughout the United States.
“Mark brings key leadership to our team’s development and finance activities,” said CRG president, Shawn Clark. “His extensive track record of originating and structuring institutional-grade projects strengthens confidence with our investors and allows him to hit the ground running.”
Prior to joining CRG, Lecocq spent nine years at The Fifield Companies, most recently as executive vice president of finance, development and acquisitions. During his tenure, the company’s portfolio of active projects included over 4,500 multifamily units valued at over $2 billion in the Chicago, Austin, Dallas, Los Angeles and Miami markets.
“CRG’s multifamily business has a terrific track record and clear strategy for growth,” said Lecocq. “I look forward to leveraging Clayco’s integrated platform to expand and capitalize CRG’s current pipeline of multifamily projects throughout the country. It’s a unique delivery model that creates a giant competitive advantage for CRG and its investors, as well as beautiful communities for our residents.”