Chief Executive Officer
In 2002, Andy joined Sterling Bay and directed its growth and evolution into a 200-plus-person fully-integrated, owner/operator real estate investment and development company. Andy led Sterling Bay to become a pioneer of the urban model of innovation districts in Chicago and anchor its developments with leading corporations. Recent high-profile development and re-development projects completed by Sterling Bay under Andy’s leadership include corporate headquarters for McDonald’s, Google, Hillshire Brands, C.H. Robinson, Dyson, Glassdoor and Gogo. Prior to leading Sterling Bay, Andy was a Managing Director at Insignia/ESG, where he completed over five million square feet of commercial real estate transactions. Andy began his career as a tenant-side commercial real estate broker. Andy earned a BA in Political Science from Miami University in Oxford, Ohio. Andy is actively involved with Misericordia, a Chicago organization supporting persons with developmental disabilities. He also serves on the board of Cara, a Chicago non-profit helping to break the cycle of homelessness. Andy is a licensed managing real estate broker in Illinois.
Keating focuses on new acquisitions and development, as well as strategic capital pursuits and relationships. He also oversees Sterling Bay’s retail merchandising portfolio. During his tenure at Sterling Bay, Keating has pursued and acquired Sterling Bay’s land portfolios in both Lincoln Yards and Fulton Market, successfully aggregating strategically located industrial land for mixed-use redevelopment at a competitive cost in two high-demand emerging markets. Keating’s career in commercial real estate began in 2002 at Tishman Speyer in New York City and San Francisco, where he was Director of Development involved in over six million feet of ground-up residential and office development projects. He earned a BA from Duke University and a JD-MBA from Northwestern University’s Kellogg School of Management and Pritzker School of Law. Keating currently serves on the boards of the National 9/11 Memorial & Museum, the 606/Bloomingdale Trail, Steppenwolf Theatre Company, the Northwestern Memorial Foundation and the Trinity College Board of Visitors for Duke University. In 2014, he was recognized on Crain’s Chicago Business’ 40 Under 40 list.
Reed oversees all business aspects of Sterling Bay’s investment and development platform, including portfolio management, financing and capital transactions. Reed specializes in executing ground-up and adaptive reuse development projects, financial analysis, complex lease negotiations, as well as acquisitions and dispositions. Since joining Sterling Bay in 2008, Reed has asset managed a real estate portfolio in excess of 10 million SF and closed $3 billion of financing, including Sterling Bay’s developments for Hillshire Brands at 400 S Jefferson, Google’s Midwest headquarters at 1KFulton, McDonald’s global headquarters at 110 N Carpenter and redevelopment of 111 N Canal, among others. Reed’s additional responsibilities at Sterling Bay include guiding strategy for corporate operations, growth, and capital allocations. For six years prior to joining Sterling Bay, Reed provided commercial mortgage banking services at PC Financial Corporation, focusing on construction, bridge, life company, and CMBS debt origination. He earned a BS in Finance from the University of Illinois at Champaign-Urbana.
Principal, Chief Investment Officer
Chang is responsible for sourcing and closing new acquisitions and development projects outside of Chicago and expanding the firm’s capital partner relationships. Chang led Sterling Bay to establish joint venture relationships with Lone Star, DRA Advisors and Wheelock Street Capital. Chang also oversaw the development of Ace Hotel Chicago and is overseeing the development of Hyatt House in Fulton Market and 545wyn, an office project in Miami. For ten years prior to joining Sterling Bay, Chang provided investment sale advisory services at Eastdil Secured, LLC, focusing on office assets in the Midwest and retail assets throughout the country, completing over $18 billion in office, retail and residential transactions. He earned a BS in Business from the University of Illinois at Champaign-Urbana and an MBA from Northwestern University’s Kellogg School of Management. He is a member of Urban Land Institute, Kellogg Real Estate Alumni Club, and University of Illinois Real Estate Alumni Club.
Dean oversees all strategic aspects of Sterling Bay’s business, including acquisitions, dispositions, lease negotiations and debt and equity transactions. Dean has been integral to the vision and execution of Sterling Bay’s most notable accomplishments over the last ten years, including the assemblage and execution of the transformational Lincoln Yards project and the acquisition and development of more than 20 properties in Fulton Market between 2013-2014, before the neighborhood emerged as the fastest growing submarket in Chicago. Prior to joining Sterling Bay in 2009, Dean worked in private practice as a commercial real estate attorney at Greenberg Traurig LLP and Sonnenschein Nath & Rosenthal LLP (now Dentons US LLP). Dean earned a BA from Dartmouth College and a JD from Emory University School of Law. Dean is a member of the Chicago Bar Association and the Hellenic Bar Association and is a licensed real estate broker in Illinois, Georgia, Utah and Florida.
Principal, Chief Design Officer
Matt is responsible for the firm’s projects requiring operational oversight or master plan design expertise. Such projects include Lincoln Yards, a more than 70-acre urban infill site being reimagined into a vibrant mixed-use community connecting Lincoln Park and Bucktown, the Talbott Hotel, a boutique hotel in the Gold Coast neighborhood of Chicago, and Victory Ranch, a 6,700-acre luxury community near Park City, Utah. In supervising the development of Victory Ranch, Matt negotiated key debt and equity financing for the venture and established a modern, family-friendly and well-appointed mountain retreat, which is nearly fully sold. He is also Managing Principal of Four Corners Tavern Group, Inc., which operates or invests in over 20 restaurants, bars and hospitality ventures. He oversees the philanthropic arm of Four Corners, donating to over 50 charitable entities each year. Prior to joining Sterling Bay in 2012, Matt spent 17 years at William Blair, where he managed assets valued at $600 million for high-net worth clients. Matt earned a BS in Business Finance from the University of Illinois at Champaign-Urbana.
Principal, Industrial Division
Ron oversees the company’s national expansion of its industrial platform. A 50-year industry veteran, Ron was first introduced to the industrial market at Gottlieb/Beale, managing development activities for both office and industrial buildings. Over the course of his career, he founded Hawthorn Realty Group, where he served as Executive Vice President, Chief Administrative Officer and Director of Industrial Development, as well as Frain Camins & Swartchild and Bridge Development Partners. Ron is a graduate of the University of Wisconsin and an active member of the Association of Industrial Real Estate Brokers, Wisconsin Real Estate Alumni Association and the University of Wisconsin Club of Chicago.
Principal, Property Management
A 28-year industry veteran and Certified Property Manager (CPM), Jack oversees Sterling Bay’s on-site property management teams and is directly responsible for building operations at over 15 locations totaling over 12 million SF. Jack also supervises the firm’s capital improvement programs, security measures, lease negotiations, property performance and tenant relations for notable corporations such as McDonald’s, Google and Dyson. Prior to joining Sterling Bay in 2014, Jack was a Senior Director of CBRE’s Asset Services business and Portfolio Manager of Cushman & Wakefield’s Chicago office. Jack earned a BA from DePaul University and is an active Board Member and Labor Committee Member of Building Owners and Managers Association (BOMA) Chicago Chapter.
Principal, General Counsel
Anna oversees all legal aspects of Sterling Bay’s business, including joint venture and private fund formation, reporting and compliance, and all commercial real estate matters. Anna navigates the legal issues raised by Sterling Bay’s rapid growth and directs initiatives to implement best practices. While at Sterling Bay, Anna has placed over $1 billion in equity in real estate ventures, bought and sold more than $2 billion in real estate assets, negotiated leases and loans, and led community zoning change processes. Prior to joining Sterling Bay in 2012, Anna worked in private practice as a commercial real estate attorney at Jones Day. Anna earned a BA from Tufts University and a JD from Maurer School of Law at Indiana University Bloomington.
Chief Operating Officer
Brad’s primary responsibilities at Sterling Bay include overseeing investor relations, corporate operations, human resources, information technology, risk management and various strategic projects. Prior to joining Sterling Bay in 2017, Brad spent the past 30 years in various financial and operational capacities as the COO and CFO of Prescient, a global technology and intelligence company, the CFO of The John Buck Company, Managing Director and Head of Capital Markets at Transwestern Investment Company, Vice President–Investment Officer at Heller Financial and Asset Manager at VMS Realty Partners. Brad earned his BBA in Finance from the University of Iowa and his MBA in Finance from Loyola University of Chicago. He is a member of the Urban Land Institute.
Chief Financial Officer
Mike is responsible for all finance, accounting, tax, human resources, fund operations, and fundraising functions. In addition, Mike serves as Chief Compliance Officer, leading Sterling Bay’s registered investment adviser compliance program. During his time at Sterling Bay, Mike has instituted all fund operation processes and controls, created and enhanced the corporate accounting function, created and led all financial planning and analyses initiatives, and enhanced the property accounting function leading to a Statement of Controls (SOC-1) certification. Mike has led the operations and accounting of private funds for 20 years. Prior to joining Sterling Bay in 2014, he spent over 16 years as the Chief Financial Officer of leading private equity firms including Riordan, Lewis & Haden in Los Angeles and Code, Hennessy & Simmons in Chicago. In that time, Mike transformed back office operations, supported strong growth in assets under management, developed deep experience in private fund accounting and fundraising, led organizational growth initiatives and crafted best practices for portfolio investment governance. Prior to his time in the private equity industry, Mike spent 15 years as a commercial banker structuring complex credit facilities and developing a strong background in treasury and cash management. He earned a BS in Accountancy from the University of Illinois at Champaign-Urbana and an MBA from Northwestern University’s Kellogg School of Management. Mike is a registered Certified Public Accountant.
Chief Technology Officer
Jeff oversees the company’s technology strategy, infrastructure, architecture, and applications as well as all corporate and interoffice telecommunications. Prior to joining Sterling Bay, Jeff spent three years at Deloitte Consulting as a Managing Director helping real estate and investment management clients across the United States transform their business through technology assessments and implementations, mergers and back-office reengineering. Prior to Deloitte, Jeff spent 10 years at Equity Office Properties as their Chief Information Officer where he led the company’s technology strategy during and after the buyout by The Blackstone Group. Previously, Jeff spent 13 years at Accenture consulting in their Financial Services industry. Jeff earned his BS in Finance from Indiana University.
Director of Finance
Jeff oversees the financing and capital markets activity of the firm’s real estate portfolio including acquisition and construction financing. Prior to joining Sterling Bay in 2017, Jeff worked for 12 years at Bank of America and LaSalle Bank in the Commercial Real Estate Group. He has closed $5 billion of real estate financings over the course of his career. Jeff earned a BS in Neuroscience from the University of Michigan and an MBA from Miami University.
Director, Industrial Division
Mark oversees the development of the company’s growing industrial property portfolio, as well as the acquisition and disposition of investment properties. Prior to joining Sterling Bay, Mark served as Principal at the Chicago-based Nicolson, Porter & List for over 20 years where he managed the company’s acquisitions and developments including land speculation, land assemblage and development of all industrial properties. Mark earned a BA from Lawrence University.
Director of Diversity and Strategic Development
Keiana oversees the development and execution of Sterling Bay’s community integration and diversity inclusion strategies. Keiana has over 20 years of experience in government affairs, strategic communications and community engagement. Prior to joining Sterling Bay, she served as Deputy Director for Heartland Alliance – READI Chicago, Senior Advisor to several members of the Chicago City Council, Director of Communications for the Congressional Black Caucus in Washington, DC, National Press Secretary for the Rainbow PUSH Coalition, Director of External Affairs for the DuSable Museum of African American History, and Interim Chief of Communications and Director of Strategy for Chicago Public Schools. Keiana earned her BA in Communications and English from Illinois State University and MHS from Spertus College in Chicago, Illinois.
Head of Security and Emergency Preparedness
Erin, a Certified Protection Professional (CPP), joined Sterling Bay in 2015 to oversee and develop the company’s security and emergency preparedness programs. As the senior security executive, Erin coordinates with on-site property managers, engineers, contract security officers, high-profile office tenants and local first responders to ensure a best-in-class security program at all of Sterling Bay properties. Erin is a United States Marine Corps veteran. During her enlistment she managed the security of top-secret facilities in the United States and abroad. Erin earned a BA from Excelsior College and is currently enrolled in the Naval Postgraduate School’s Center for Homeland Defense and Security’s Executive Leader's Program.
Director, Senior Leasing Counsel
Elizabeth is a member of Sterling Bay’s legal team and works most closely with the asset management, property management, leasing and development services groups on issues related to the company’s rapidly growing office and retail leasing portfolios. Prior to joining Sterling Bay in 2014, Elizabeth spent over seven years as a practicing attorney at two national law firms predominantly focusing on all aspects of commercial real estate, including acquisitions, dispositions, financing and leasing. Elizabeth earned her BA in Psychology from the University of Michigan and JD from Northwestern University.
Director of Engineering
Patrick Biesty serves as the Director of Engineering at Sterling Bay. With over 20 years of extensive experience in building engineering and management, Patrick oversees all aspects of the firm’s engineering efforts across its entire portfolio, including the management of over 80 field engineering professionals. Patrick also oversees MEP due diligence during acquisition and dispositions, building performance and sustainability, and OSHA compliance and safety. Prior to joining Sterling Bay in 2015, Patrick worked as a Building Consultant with JLL, as well as a Chief Engineer in the Chicago market. Patrick earned a Bachelor of Science from the Illinois Institute of Technology and an Associate Degree from Triton College.
Director of Development Services
Howard oversees the company’s development and redevelopment projects and coordinates all aspects of the construction and design process, engaging directly with general contractors, architects, engineers and government officials. Prior to joining Sterling Bay in 2018, Howard was President of Development Resources Inc. where he completed over 400 construction and redevelopment projects. Howard is a 33-year industry veteran having worked on some of the most prominent and recognizable real estate projects in Chicago. Howard is a graduate of Northern Illinois University.
Director of Retail Leasing
Jessica is responsible for retail leasing across Sterling Bay’s portfolio, including prominent projects such as 110 N Carpenter, Fulton West, 333 N Green, Prudential Plaza, 600 W Chicago and Lincoln Yards. Jessica has served as an integral member of the team specializing in the overall asset redevelopment strategy, lease negotiation and retail placemaking of the company’s assets. Prior to joining Sterling Bay in 2015, Jessica worked at CBRE on the Urban Retail Team. Jessica earned a BBA from the University of Wisconsin - Madison and is an active member of ICSC (International Council of Shopping Centers) and WIRL (Women in Retail Leasing).
Steven Di Vito
Director of Asset Management
Steve is the asset manager for some of Sterling Bay’s most notable projects including the 1.6 million SF office campus at 600 W Chicago, the 500,000 SF ground-up office development in the Wynwood neighborhood of Miami and the 120,000 SF life sciences research facility located in Chicago’s Lincoln Park neighborhood. Prior to joining Sterling Bay in 2018, Steve was an asset manager at Pinecrest, Davis Street Properties and Mesirow Realty Sale-Leaseback group. Steve earned a BS in Finance from DePaul University and a Master of Management in Finance from Northwestern University’s J.L. Kellogg Graduate School of Management.
Chief Innovation and Marketing Officer
Keith Douglas serves as the Chief Innovation and Marketing Officer at Sterling Bay. As a marketing, branding and operations expert for over 25 years, Keith has worked in various industries including commercial real estate, hospitality, travel and tourism. Prior to joining Sterling Bay in 2020, Keith designed the marketing vision and strategy for landmark real estate assets, One World Observatory and Top of the Rock Observation Deck, and led branding efforts for several of the nation’s leading hotel franchises. Keith earned a Bachelor of Science Degree from Johnson & Wales University in Hospitality Management.
Dr. James Gillespie
Executive Director, Prysm Institute
James Gillespie is Executive Director of the Prysm Institute at Sterling Bay. James is an experienced entrepreneur, executive, and scholar. His research has appeared in numerous academic journals and industry periodicals, including Academy of Management Review, Harvard Business Review, and Strategic Management Journal. James is also a Senior Advisor at the Stanford University School of Medicine and a Research Affiliate at the Yale University School of Medicine in New Haven CT. His civic and community roles include Co-Founder and Board Member at Women In Healthcare & Life Sciences, Co-Founder and Board Member at the Black Healthcare & Medical Association, and Advisory Board Member at Healthcare Businesswomen’s Association. His education includes Northwestern University Kellogg School of Management, M.A., Ph.D.; Harvard University School of Law, J.D.; Princeton University School of Public Policy, M.P.A.; Massachusetts Institute of Technology, B.S.; Carnegie Mellon University Heinz School; and Rand Graduate School.
Senior Counsel, Director of Government & Community Relations
Fred advises executive leadership on civic outreach and political engagement while also working closely with elected officials and community groups in the many neighborhoods where Sterling Bay operates. Prior to Sterling Bay, Fred worked for over a decade as an attorney at Dentons, as well as an aide to U.S. Sen Dick Durbin, former Ald. Charles Bernardini (43rd) and Illinois Comptroller Dawn Clark Netsch. Fred holds a BA from the University of Notre Dame and received his law degree from Loyola University Chicago School of Law.
Director of Asset Management
Jared focuses on ground-up and adaptive-reuse development, managing all aspects of the development process. Since joining Sterling Bay, Jared has played a leading role in approximately $2 billion of capital market transactions, including the development of McDonald’s global headquarters at 110 N Carpenter and Fulton West. Jared is also responsible for managing and developing strategy for a team of investment professionals. Prior to joining Sterling Bay in 2014, Jared worked at Ernst & Young (EY) as a Real Estate Transaction Specialist, providing real estate consulting and valuation expertise for major mergers and acquisitions. Jared received a BBA in Real Estate & Urban Land Economics and a BBA in Legal Studies from the University of Wisconsin – Madison.
Director of Information Technology
Joe is responsible for the management, strategy and execution of the firm’s technology infrastructure. Joe manages a team of technology professionals and oversees technological operations and systems across the entire real estate portfolio. Prior to joining Sterling Bay in 2010, Joe worked as a consultant for Chicago-based Informist Consulting. He earned a BS from DeVry University and is an active volunteer of the Orland Park Police Department’s Emergency Services Disaster Agency (ESDA) unit.
Director of Underwriting
Joshua is responsible for evaluating new acquisitions and developments across the country and managing the closing process. Prior to joining Sterling Bay in 2019, Joshua worked at Hudson Advisors, the asset management arm of Lone Star Funds, for over five years. He was responsible for underwriting and completing all due diligence for over $925 million of real estate transactions across a variety of asset classes. Joshua earned his BA in History from the University of Michigan and is the chair of a local non-profit, Metro Chicago Hillel.
Director of Investor Relations
Scott oversees the company’s continued expansion and diversification of its capital base by establishing relationships with endowments, corporate pensions, sovereign wealth funds and institutional investors. Prior to joining Sterling Bay in 2018, Scott was Managing Director and Head of Investor Relations for 18 years at Chicago-based Citadel, one of the world’s largest hedge funds. Scott is a graduate of Ball State University and earned his MBA from Northwestern University’s Kellogg Graduate School of Management.
Director of Asset Management
Brad oversees the development, management, financing and disposition of many of Sterling Bay’s highest profile properties. During his time at Sterling Bay, Brad has played an instrumental role in over $2 billion of prominent capital market transactions, most notably the acquisition of Prudential Plaza, Harpo Studios and 121 W Wacker, as well as the development of 210 N Carpenter and 333 N Green. He also actively manages 3 million square feet of commercial space and has completed over $9 billion in commercial real estate transactions. Prior to joining Sterling Bay, Brad worked as a Senior Director at Tishman Speyer and as an Associate at Trizec Properties in the US Acquisitions Group. Brad holds a BBA in Real Estate and Urban Land Economics, as well as a BBA in Finance, Investments & Banking from the University of Wisconsin - Madison. He remains actively involved in the University of Wisconsin Real Estate Alumni Association and is a member of the Urban Land Institute.
Director, Associate General Counsel
Jessica oversees various aspects of Sterling Bay’s most complex and high-value acquisitions, dispositions and financings. While at Sterling Bay, Jessica has negotiated and closed over $3 billion of transactions, including many of Sterling Bay’s highest profile assets such as Lincoln Yards, 600 W Chicago, 110 N Carpenter, 333 N Green and 545 NW 26th in Miami. Prior to joining Sterling Bay in 2017, Jessica worked in private practice for 12 years as a commercial real estate attorney at Paul Hastings LLP and Kirkland & Ellis LLP. Jessica earned a BA in Political Science from the University of Michigan and a JD from Northwestern University Pritzker School of Law.
Director of Transactions
Jennifer is a member of Sterling Bay’s legal team and she oversees all transactional activity across the Sterling Bay portfolio. Jennifer works closely with members of all departments within Sterling Bay and joint venture partners and lenders to ensure that all new acquisitions, financings, joint ventures and dispositions are executed efficiently and seamlessly. Jennifer’s deep knowledge of title, survey, encumbrances, real estate and transfer tax, together with her solution-oriented approach to issues, ensures that problems are solved before closing. Prior to joining Sterling Bay in 2013, Jennifer earned her Bachelor of Arts in History from the University of Illinois at Urbana-Champaign and then honed her transactional skills as a paralegal in the real estate group of a mid-size law firm.
Director of Acquisitions
Ryan oversees the sourcing and closing of the company’s investment and development opportunities across the country. Ryan has helped grow Sterling Bay’s portfolio with several high-profile acquisitions such as the historic 600 W Chicago office property, various development sites throughout Chicago’s Fulton Market district and several land sites at Lincoln Yards. Prior to joining Sterling Bay in 2017, Ryan worked as an investment sale broker at Eastdil Secured, completing transactions totaling $14 billion, with a focus on sales and recapitalizations of office and mixed-use assets in the Midwest. Ryan earned a BA in Economics from the University of Michigan and is an active member of local non-profit, Open Heart Magic.
Director of Risk Management
Jori is responsible for managing and directing all aspects of Sterling Bay’s insurance program in order to manage and mitigate potential risks. As a member of the company’s legal team, Jori assists in the review of contracts with focus toward risk mitigation and potential insurance implications. Jori also oversees and manages the claims process working with insurance carriers to resolve coverage issues and ensure the proper and efficient handling of claims. Prior to joining Sterling Bay in 2018, Jori spent over 14 years as a litigation attorney and several years working directly in the insurance industry managing claims. She earned her BA from University of Wisconsin-Madison and JD from Chicago-Kent College of Law.