CHICAGO—The developer Fifield Cos. has justbrought on Marty Alston as a managing director.Alston will develop and expand institutional investor relationshipsacross the Chicago-based firm and oversee its fundraising effortsfor new construction and value-add acquisitions.

|

“I've known Marty for more than 20 years, and I can tell youthat his industry knowledge and key relationships withinstitutional investors are unmatched,” says SteveFifield, president and chief executive officer of Fifield.“I'm thrilled to bring him on board and leverage his experience tohelp nurture and expand Fifield Cos.' long-term institutionalrelationships.”

|

Alston was a partner and head of portfolio and asset managementat Capri Capital, where he was active in newbusiness development, investor relations and private equity fundmanagement, and oversaw a transaction volume of $5 billion duringhis tenure. In addition, Alston was responsible for a $3.5 billionreal estate portfolio comprising more than 15,000 apartment unitsand 3 million square feet of office, retail, mixed-use, condominiumand hotel assets.

|

He is joining the firm at an active time. As reported inGlobeSt.com, Fifield just broke ground on NEXT, a 310-unit luxury apartmentproject in Chicago's River North neighborhood that it expects todeliver in early 2017. And after several years of developingtransformational apartment towers in the West Loop, it justpurchased 600 W. Jackson Blvd., an eight-story, 106,000 square-footWest Loop office building and plans to transform the structure into creative office spacesand relocate its own headquarters there from 222 S. RiversidePlaza.

|

Prior to joining Capri, Alston spent 18 years atNorthern Trust, where he developed new businessand managed global corporate relationships, coordinating deliveryof investment management, trust and banking services.

|

“I am excited at the opportunity to draw on my experience andrelationships to help accelerate the growth of Fifield Cos.'vibrant, best-in-class platform,” says Alston. “There areunassailable demographic trends driving demand for well-located,amenity-rich apartments in major urban markets, and Fifield Cos. isan attractive partner from an institutional capitalperspective.”

|

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.