Chicago-based Harrison Street announced that Dave Liu has joined the firm as vice president, asset management. In this role, he will be responsible for overseeing investments within Harrison Street’s medical, life science and senior housing portfolios. Liu will report to Ben Mohns, managing director and head of asset management.
Liu most recently served as vice president, asset management at Ventas, Inc., where he was responsible for the asset management of their university-based life sciences and innovation portfolio, overseeing 6 million square feet across 32 assets, which generated more than $150 million of net operating income annually. He joined the firm in 2012 in the acquisitions group and supported the execution and close of more than $1.5 billion in investments in healthcare-related real estate transactions, and later developed and executed a redevelopment strategy for Ventas’ triple-net lease senior living portfolio.
“We are pleased to welcome a professional of Dave’s caliber to Harrison Street, and look forward to drawing on his considerable healthcare asset management expertise, university relationships and proven track record of driving performance and execution,” Mohns said. “Harrison Street is committed to supporting life sciences and innovation, as evidenced by the recent acquisition of Osborn Triangle, a state-of-the-art, multi-tenant office and laboratory complex located in Cambridge, Mass. We continue to focus on differentiating our firm by adding world-class talent to our already exceptional team of seasoned professionals and delivering superior risk-adjusted returns for our investors.”
Prior to joining Ventas, Liu worked at Sears Holdings Corporation as a director in real estate acquisitions and dispositions executing transactions for a portfolio of over 2,000 retail, office, land and industrial properties. Liu earned an M.B.A. from the Yale School of Management and a B.A. in psychology from Bates College.