Mesirow Institutional Real Estate Direct (IRED) elevated Ben Blakney to President, effective November 1, 2020. Based in Chicago, Blakney has held a number of leadership roles within the Multi-Family Value-Added Real Estate team since joining Mesirow Financial in 2014.

“Ben has been integral to our success, and we are delighted to promote him to this important role,” said Alasdair Cripps, CEO and Co-Director of Investments at IRED. “His experience, perspective and leadership in this expanded role will be essential as we continue to grow our platform and honor our commitment to our valued capital partners. “

Prior to this promotion, Blakney most recently served as Senior Managing Director and Head of Strategic Solutions, where he led the development and implementation of customer solutions and supported the group’s growth efforts. IRED is an integral part of Mesirow’s Global Investment Management division, with $ 3.4 billion in assets under management, and has invested in approximately 34,000 multi-family units in 23 cities across the country.

“I am honored to take on this important responsibility,” said Blakney. “It has been an incredible honor to work with Alasdair and the talented IRED team he has assembled to support the goals and objectives of our investors over the past six years. The challenges and opportunities within our industry are dynamic, and I look forward to helping shape our strategic path forward. “

Prior to joining Mesirow, Blakney was Managing Director at Courtland Partners, Ltd. Prior to that, he held a number of executive positions including Director of Institutional Funds for the Dilweg Companies, Chairman of NCM Capital, Treasurer of the City of Philadelphia, and Chairman of the Philadelphia Pensions and Retirement Board. Ben is an active member of the Pension Real Estate Association, the Real Estate Executive Council, and the National Association of Securities Professionals. Blakney received a BA from Williams College and an MA from Massachusetts Institute of Technology.