Clayco Announces Jay Case Named Principal of Clayco Realty Group
Case Will Lead all Residential Real Estate Development for Clayco Realty Group
August 21, 2015 (Chicago) – Clayco – a full-service real estate development, architecture, engineering, design-build and construction firm – today announced that Jay Case has been named Principal of Clayco Realty Group (CRG), which operates as a major part of the Clayco brand. In his new position, Case will spearhead the expansion of CRG’s residential business with an eye towards creating a national residential development platform at CRG.
“Clayco is thrilled to welcome Jay to our team at Clayco Realty Group,” said Bob Clark, Chairman & CEO of Clayco. “Our incredible staff will greatly benefit from his many years of experience in development, financing and historical renovations. I know Jay will support the Clayco philosophy, which ensures there are no constraints that limit creativity or stand in the way of meeting our clients’ needs.”
Through CRG, Clayco has been involved in the design-build development of more than 5,000 acres of land and over 30 million square feet of commercial, industrial, residential, mixed-use and hospitality product exceeding $4 billion value. CRG expanded into the residential and mixed-use sector in 2013 to include the development of student housing, condominiums, market-rate apartments, hotels and senior living facilities.
“I believe my previous experience of creating robust financial structures while working closely with financial institutions to maximum returns to the company and investors will add to Clayco’s comprehensive development services,” said Jay Case. “I am proud to join Clayco Realty Group, and together we continue to establish investor returns while delivering project success.”
Case has an established background identifying and delivering real estate development and redevelopment opportunities, which led him to this new role with Clayco. Since 1996, he had served as president of Orchard Development, guiding the company’s multi-family developments across the United States. While working with Orchard Development, which was then a Clayco client, Case assisted with the development of over 1,000 residential units, including mixed-use projects and historical renovations with an investment value in excess of $400 million.
Case holds a Juris Doctor from Washington University and Bachelor of Arts from Texas Christian University. He currently resides in Chicago with his wife Karen.