Austin, TX – Nordic Realty Partners LLC (“Nordic”) is pleased to announce the appointment of Adam Cibik to Managing Director to be based out of Austin, Texas effective September 1st, 2018.
In this newly-created role, Mr. Cibik will manage acquisitions, asset management and capital raising for new value-add real estate investments with a geographic focus on the central Austin, TX market and a sector focus on multi-tenant light industrial and workforce housing (multifamily) assets. He aims to use his experiences working for best-in-class LPs to create a better GP model through technology-based market/asset selection, lower fee loads and higher partnership transparency.
Mr. Cibik brings over fourteen years of institutional real estate investment management experience to Nordic. He was most recently at the Employees Retirement System of Texas (“ERS Texas”) where he served as Portfolio Manager – Real Estate Investments overseeing comingled fund and direct co-investments for the $27 billion pension fund’s real estate allocation. Prior to ERS Texas, Adam spent five years with the Canada Pension Plan Investment Board (“CPPIB”) working in Toronto and London on international real estate acquisitions. Earlier in his career, he held positions at CBRE and Builders Bank.
Mr. Cibik holds a MBA and BBA in real estate and urban land economics from the University of Wisconsin – Madison and sits on the Advisory Board for the Graaskamp Center for Real Estate.
About Nordic Realty Partners – Nordic Realty Partners LLC is an emerging real estate private equity, investment management and brokerage firm that runs private partnerships and separate accounts for institutional and high net worth clients. The firm runs a tech-enabled sponsor/operator model though value-add and opportunistic real estate partnerships in central Austin, Chicago and southeastern Wisconsin. Nordic has offices in Los Angeles, Austin and Chicago. For more information, please visit www.nordicrealtypartners.com.
Contact:
Nordic Realty Partners, LLC
773.234.8077
www.nordicrealtypartners.com
info@nordicrealtypartners.com