Transwestern Investment Group Hires New Chief Investment Officer
The firm has appointed CBRE-veteran Gary Jaye to direct overall investments and serve as executive managing director.
DALLAS, TX – Real estate investment advisor Transwestern Investment Group has hired industry veteran Gary Jaye as executive managing director and chief investment officer.
In his new position, Jaye will direct TIG’s overall investments, including the Transwestern Strategic Partners Fund series and various separate accounts. He will also lead a team of national investment professionals.
Jaye joins TIG from CBRE investment management, where he most recently served as head of logistics for the Americas. Within his role at CBRE, Jaye was responsible for the sourcing, underwriting, negotiating, due diligence, closing and asset management of logistics assets. He also previously served as CBRE’s head of commercial transaction management for the Americas and for the US core investment platform.
Throughout his career, Jaye has completed more than $22 billion of direct investments and more than $7 billion in structured transactions, joint-ventures and development projects.
“TIG continues to expand both its market presence and its investor relationships, which require a scrupulous understanding of real estate market fundamentals, capital markets and the overall investment environment,” states Charles Hazen, TIG president. “Gary possesses an outstanding track record when it comes to sourcing investment opportunities, capital formation and nurturing relationships with investors, advisors and developers. Our team and the investors we serve will benefit greatly from his experience and insight, and we are very pleased to welcome him to Transwestern.”
Jaye will assist in directing Transwestern Strategic Partners Fund III, for which TIG has raised $325 million. The fund will pursue diversified value-add investment and development opportunities in US markets that are driven by strong job growth and global supply chains.
“Transwestern Investment Group is a highly-respected brand with a strong, collaborative culture, and its market-leading returns speak for themselves,” says Jaye. “As part of an integrated, full-service commercial real estate organization, there is tremendous opportunity to extend our reach geographically and further diversify our institutional investor relationships. I look forwarding supporting and accelerating the excellent work underway at TIG.”
Jaye is a member of ICSC and NAIOP. He earned a bachelor’s degree from Central Connecticut State University and an MBA from the Martin J. Whitman School of Management at Syracuse University.