Urban Renaissance Group Welcomes Manuel Garibay as CIO

Urban Renaissance Group Expands Leadership with New CIO

Urban Renaissance Group LLC (NASDAQ: URG) is thrilled to announce the hiring of experienced real estate professional Manuel Garibay as its new Chief Investment Officer. This decision reflects the firm's commitment to enhancing its executive team and reinforcing its position in the competitive real estate market.

Manuel Garibay: An Asset to Urban Renaissance Group

With over 20 years of diverse experience in real estate investment and development, Garibay joins URG after having co-founded the real estate firm Kamiak. He brings a wealth of knowledge, having managed more than $2.5 billion in investments across multiple sectors including multifamily, office, hotel, and retail. His extensive background will play a crucial role in URG's strategic initiatives and growth.

Insights from Leadership

Matt Simo, URG’s incoming CEO, expressed his enthusiasm for Garibay's addition to the team, stating, "I am thrilled to welcome Manuel to the URG team. His impressive expertise in investment, development, and asset management is aligned with our objectives. His ability to harmonize investment and operational strategies will be vital as URG seeks continuous growth and innovation."

Simo further emphasized Garibay's fit within the company culture, highlighting his collaborative leadership style and dedication to teamwork. These qualities align perfectly with URG’s values and mission, setting the stage for future successes.

Professional Background and Achievements

Garibay's career prior to joining URG includes significant roles at prestigious firms. He served as Vice President at Blackstone's EQ Office platform, where he was instrumental in managing a substantial office portfolio. His responsibilities included leading transactions valued at over $1.2 billion, showcasing his strong expertise in acquisitions and asset management.

Before his tenure at EQ Office, he was part of Vulcan Real Estate’s portfolio management and acquisitions team. His involvement there included overseeing a diverse portfolio, which notably encompassed Amazon's Corporate Headquarters, further honing his skills in managing large-scale real estate projects.

Vision for the Future

As the Chief Investment Officer, Garibay's mission will involve creating and implementing URG's growth strategy, monitoring investment activities, and cultivating relationships with capital partners. His responsibilities also include identifying and executing new real estate opportunities to enhance URG's market presence.

About Urban Renaissance Group

Urban Renaissance Group LLC is a full-service commercial real estate company dedicated to acquisitions, development, asset management, leasing, and ownership. Founded in 2006, URG believes in understanding the evolving landscape of urban development and acting as a catalyst for positive change. Their focus on sustainability and community building positions them as leaders within the commercial real estate industry, consistently providing value for partners and investors alike.

Frequently Asked Questions

What is the role of Manuel Garibay at Urban Renaissance Group?

Manuel Garibay serves as the Chief Investment Officer, responsible for overseeing URG's growth strategy and all investment activities.

What is Urban Renaissance Group known for?

Urban Renaissance Group is recognized for its comprehensive approach to commercial real estate, including acquisitions, development, and asset management.

How has Manuel Garibay’s experience shaped his role at URG?

Garibay's two decades of experience in the real estate sector, specifically managing high-value investments, equips him with the expertise necessary to guide URG’s strategic growth.

What are the company's goals with Garibay on board?

With Garibay as CIO, URG aims to enhance its investment activities, expand market presence, and drive innovative growth strategies.

How does Urban Renaissance Group impact the community?

URG focuses on community building and sustainability, striving to create developments that positively affect urban landscapes and the local economy.

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