NEW YORK--(BUSINESS WIRE)--CP Capital, a highly disciplined U.S. real estate manager specializing in multifamily investments, today announced the appointment of Kristi Nootens as Co-Head.
In her new role, Ms. Nootens will jointly manage the day-to-day operations of CP Capital and lead the firm’s investment strategies alongside nearly 30-year CP Capital veteran Paul Doocy, Co-Head.
Ms. Nootens brings more than 15 years of real estate experience, including ten as an integral part of the investment team at CP Capital. As a longtime leader on the firm’s investment team, Ms. Nootens has secured nearly $1 billion of investments across multiple funds and geographic regions. Throughout her tenure she has worked closely with CP Capital’s business partners, as well as the firm’s various departments and shareholders, and will continue this collaboration in her new position.
“Kristi is a highly experienced and well-regarded investment professional, and we believe that her leadership is aligned with CP Capital’s next stages of growth,” said Doocy. “We are confident that Kristi’s transition will be both seamless and successful.”
Ms. Nootens joined CP Capital in 2012 after receiving her MBA from the University of North Carolina - Chapel Hill, where she is a regular guest lecturer for the MBA program’s real estate development courses. She is a CP Capital delegate for The Association of Foreign Investors in Real Estate (AFIRE) and a mentor with Project Destined, a leading education platform dedicated to training underserved youth for careers in the real estate industry, which the firm partnered with earlier this year.
“I am proud to be given the opportunity to work alongside Paul Doocy and help manage an exceptional team that is deeply committed to our core value of providing strong returns to our investors,” said Ms. Nootens. “As a result of CP Capital’s consistent participation in the market over the past three decades we remain well-positioned for the future growth of our investment offerings. I look forward to building upon our accomplishments in my new role.”
About CP Capital
CP Capital, formerly known as HQ Capital Real Estate, is a highly disciplined U.S. real estate investment manager focused on the multifamily sector. Founded in 1989, the firm has invested in more than $15 billion of U.S. real estate on behalf of global institutions, family offices and ultra-high net worth individuals. These investments total more than 70,000 residential units and 21 million square feet of commercial space. In-house capabilities of CP Capital also include asset and construction management, capital markets, legal, reporting, and tax structuring expertise. Through its consistent participation in the market over the past three decades, the firm has developed deep relationships across the real estate industry. CP Capital’s primary investment strategy focuses on opportunistic and value-add rental apartment investments with best-in-class joint venture partners in growth markets throughout the U.S., which has resulted in a strong track record of more than 230 realized multifamily fund investments as of June 30, 2022.
Visit cpcapitalus.com for more information.