LOS ANGELES–(BUSINESS WIRE)–Belay Investment Group (“Belay”), a majority women-owned real estate investment management company that seeks equity and debt investment opportunities primarily in mid-market infill properties on behalf of its investors institutions, today announced the appointment of Eliza Bailey, Managing Principal, as the company’s Chief Executive Officer and Chief Investment Officer, and Amy Ko, Managing Principal, as Chief Operating Officer. Barry Chase, who stepped down as CEO, is named executive chairman.
Eliza Bailey, with 26 years in the industry, has built and led global platforms that have invested over $2 billion in capital in debt and equity real estate strategies. As a founding partner of Belay, she played a central role in day-to-day decision-making and the direction of the business. Amy Ko, with 27 years in the industry, led corporate finance for a multi-billion dollar public REIT and led the merger of finance and operations for two publicly traded real estate companies. As a founding partner of Belay, she elevated Belay’s operations by establishing best practices in investment management.
Belay has seen incredible growth in recent years, during which he more than doubled his team and tripled his AUM to over $800 million in total. Over the past 18 months, Belay’s investment team has closed 81 investments and formed five new operating partner relationships and expanded four existing relationships. This investment activity includes increased commitments to industrial and multi-family investments and entry into the debt market. Belay plans to make significant investments in the coming year during which he will remain committed to fostering diversity, equity and inclusion in commercial real estate, a core value of the company.
“I am delighted to continue to lead Belay as CEO and CIO. We have built an excellent reputation and a world-class team, which has allowed us to build on our success with a focus on relationship development with operating partners, executing investments and increasing AUM,” Ms. Bailey said.
“Belay’s operations have never been stronger. We have created tremendous momentum and as I officially assume the role of COO, I look forward to maintaining Belay’s best operational capabilities,” said Ms. Ko.
“It has been a huge honor to serve as CEO. I’m incredibly proud of what we’ve built at Belay. Eliza, Amy and the team are well positioned to expand the Belay platform in the future. I look forward to supporting Belay in his continued evolution into my new role as Executive Chairman,” Mr. Chase said.
About Belay Investment Group
Belay Investment Group, LLC is a majority women-owned real estate investment management firm that seeks debt and equity investment opportunities, primarily mid-market infill properties in the urban transit hub markets/ suburbs, on behalf of its institutional investors. Belay implements its investment strategies through long-term relationships with high-calibre local operating partners and industry specialists. The firm has earned a reputation in the industry for supporting the growth and development of emerging operators and managers (including diverse businesses), beyond the provision of investment capital. Visit www.belayinvestmentgroup.com for more information.