Press Release – 90 North Hires Martin Ahern as Associate VP, Investment in Chicago office
90 North Real Estate Partners, a London-based, international real estate investment management and advisory firm, has hired Martin Ahern as Associate Vice President, Investment, to assist with the company’s expansion throughout North America.
Ahern has more than 7 years of experience in commercial real estate and has been involved in the acquisition and disposition of industrial, office, medical office and land assets. He also has experience in commercial real estate leasing and development
90 North Real Estate Partners’ acquisition strategy for North America targets office, industrial, senior living, and student housing properties, among other property types, in the $40 to $100 million range. The firm also is evaluating property with excess land for additional development.
In his role with 90 North, Ahern will review investment opportunities, develop business plans and provide assistance with closing transactions. He is based in the firm’s newly opened North American headquarters in Chicago.
“Martin brings a wealth of expertise in identifying and evaluating acquisition opportunities,” said Daniel T. Cooper, head of the firm’s North American operations. “He will be instrumental in our aggressive efforts to invest in commercial assets across North America and significantly expand our portfolio over the next 18 to 24 months.”
This announcement follows 90 North’s recent expansion into North America and the appointment of Cooper to lead those efforts. The firm recently closed on its first North American transaction, the acquisition of an interest in 8000 East 36th Avenue, a four story, 175,155-square-foot Class A office building in Denver, CO. The building is fully occupied by the F.B.I. for its Colorado and Wyoming field operations.
Ahern previously was vice president of property operations for Tandem Development Group in Schaumburg, IL. In that role he oversaw underwriting and analysis of new acquisition opportunities across multiple property types. He also managed lease negotiations and office property operations.
Ahern graduated with a B.S. degree in business administration from the WP Carey School of Business at Arizona State University in 2005.
90 North Real Estate Partners was founded in London in 2011 as an independent investment advisory firm that focuses on socially responsible real estate investments, including Shariah compliant investments. The firm has made $750 million in international real estate investments since 2012, buying office, industrial, senior living, and student housing properties throughout the UK.
Since its inception, 90 North has closed on more than $750 million of real estate transactions.
Notable investments in the UK include:
- A 1 million-square-foot core logistics distribution center in Germany to a Volkswagen affiliate;
- A 797-bed student housing portfolio in Canterbury, purchased for $70.9 million;
- A $66.5 million sale-leaseback containing 10 senior living care homes in East Midlands;
- A 136,000-square-foot office and industrial complex in Teal Park, Lincoln that houses Siemens gas turbine headquarters.
90 North Real Estate Partners
90 North is an independent investment advisory firm, specializing in socially responsible real estate investment, including Shariah compliant investing. The firm was co-founded by Philip Churchill and Nicholas Judd. Former BBC Dragons’ Den James Caan serves as Chairman of the firm. Churchill serves as the Managing Partner. The Founding Partners combine substantial property and other transactional experience, excellent track records with an absolute focus on property fundamentals to deliver superior risk adjusted returns and protect and enhance wealth.
Over the last decade, Churchill and Judd have completed a cumulative total of $2.0 billion worth of real estate transactions in Europe and the U.S.