IRVINE,
Calif., Aug. 12, 2022 /PRNewswire/
-- Southern California private equity firm IRA Capital ("IRA"
or the "Company") today announced the promotion of Daniel Sitz and Azhar Jameeli to the roles of
Managing Director, as well as the addition of Austin Lee as Senior Associate.
- Azhar Jameeli's promotion to the role of Managing Director
reflects his leadership responsibility for the Company's senior
housing, medical office, and life science acquisition and
investment activities. Mr. Jameeli works across healthcare
investments, with a focus on the senior housing segment.
- Daniel Sitz's promotion to
Managing Director, Asset Management reflects his responsibility for
the oversight of the Company's current portfolio. "Daniel's
contributions over the years have been essential to the growth of
the Company," said Samir Patel,
Co-Founder at IRA Capital. "He has played a lead role in our most
significant business ventures and relationships, and we are pleased
to recognize his contributions with this promotion."
IRA is also pleased to announce that Austin Lee has joined the Company to assist in
the investment and asset management activities related to the
Company's senior housing strategy. Prior to IRA, he worked at
Healthpeak REIT and has completed over $500M of real estate transactions over his
career.
"We're privileged to work with these high-caliber industry
professionals," added Patel. "With the right leadership and talent,
we are well-positioned to continue our growth strategy at the
Company and creating long-term value for all of our
stakeholders."
IRA has aggressive growth plans with 70% of its capital
allocation going towards medical office, life science, and seniors
housing. The Company continues to be one of the most active buyers
of healthcare real estate in the country. IRA is also continuing to
make venture investments in companies that focus on healthcare
operations, medical devices, technology, consumer products, and
media/entertainment.
About IRA Capital
IRA Capital is a Southern-California based private
equity firm founded in 2010 by partners Amer Kasm, Samir
Patel, Jay Gangwal, Amer Malas, and Mohannad Malas.
IRA invests capital for its own account and on behalf of its
co-investment partners, which include pension funds, institutions,
and family offices. Headquartered in Irvine California, IRA
has acquired over seven million square feet of property in 30
states, with a total capitalization greater than $3
Billion.
For more information, please
contact:
Danielle de Souza, IRA Capital
Corporate Communications
ddesouza@iracapital.com / 949.612.2742
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SOURCE IRA Capital