Industrial Outdoor Ventures, the Schaumburg-based investment and management firm specializing in industrial service facilities (ISFs), has expanded its staff as it anticipates expanding its operations with another strong year of acquisitions. The firm has hired Robert Chase as director of construction & properties, Max Doctor as financial analyst, and Anna Vovk as corporate accountant.
Robert Chase has been named director of construction & properties and brings approximately 10 years of experience to his role. At IOV Rob is responsible for executing the firm’s operational strategy for its expanding portfolio of properties. From a construction perspective, this includes all development and redevelopment programs. In this capacity, Chase will be responsible for capital budgeting and construction/project management.
IOV typically completes some element of value-add construction upon the acquisition of a property. For example, of the 31 properties IOV acquired in 2021 it launched 19 renovation and repositioning programs to improve property operations and marketability.
Chase also is responsible for executing the business and operating plans for each property. IOV currently owns and operates a portfolio of 60 properties in 15 markets across the U.S.
Before joining IOV, Chase served in various capacities, most recently as superintendent, with Power Construction. There he managed field operations for a variety of project types including large-scale, high-profile properties.
Chase earned a B.S. degree in building construction management from Purdue University.
Max Doctor has been named financial analyst working with the Finance Division to provide financial and strategic analysis support throughout the property lifecycle. In this role, Doctor supports the acquisitions team with financial underwriting, financial modeling and due diligence for both property acquisitions and dispositions. He also has financial reporting and investment performance tracking responsibilities.
Doctor recently earned an M.B.A. from Texas Christian University. Earlier he earned a B.B.A., with a major in supply and value chain management and a minor in finance, from Texas Christian University.
Anna Vovk has joined IOV as a corporate accountant, leveraging her previous work history and college coursework. In her role Vovk is responsible for executing the firm’s accounting and reporting functions. This includes a focus on accounts receivable and payables and general bookkeeping duties. Additionally, she also supports the Controller with monthly, quarterly and annual property accounting needs.
Before joining IOV, Vovk was a relationship banker at TCF Bank where she processed transactions. Vovk earned a B.S. degree in accounting from the University of Illinois at Chicago.
As IOV CEO Barbera looks ahead to 2022, he says the company is poised to make up to $400 million in acquisitions, building on the momentum it established in 2021. Last year IOV made 31 acquisitions totaling 281 acres of yard area and 1.1 million square feet of buildings with an aggregated value in excess of $350 million.
