Leadership

WHIREP's leadership team is comprised of five seasoned real estate professionals and is led by two Managing Principals, each with 25 or more years of real estate investment and capital markets experience.

Managing Principals
Principals

James A. Orth

Managing Principal

Jim oversees strategy, investment origination, underwriting, and asset management for WHIREP, and is Co-Chair of the Investment Committee. Prior to joining WHIREP, Jim was a Senior Director at Wrightwood Capital in Chicago where he was responsible for originating, structuring, and closing equity and mezzanine debt investments in properties throughout the United States, and where he also supervised asset management teams responsible for portfolios of debt and equity investments in real estate. Previously, Jim was a Senior Investment Manager with Seattle-based Schnitzer Northwest LLC, where he was responsible for the development of office properties in the Seattle area. Prior to joining Schnitzer, he was responsible for the development of several mixed-use real estate projects in the Chicago metropolitan area for Chicago-based developers Levy Organization and Development Resources, Inc. Jim serves on the Board of Advisors of the James A. Graaskamp Center for Real Estate at the University of Wisconsin-Madison and is a member of the Urban Land Institute. Jim holds a B.A. in Civil and Environmental Engineering from the University of Wisconsin, Madison and an M.B.A. from Loyola University of Chicago.

David E. Rosenbaum

Managing Principal

David oversees strategy, capital markets, and risk management for WHIREP, and is Co-Chair of the Investment Committee. Previously, David was the President of Landrock Capital LLC, WHIREP’s predecessor. Prior to founding Landrock, he was a Managing Director of Security Capital Research & Management (a subsidiary of JPMorgan), where he co-managed a $2 billion opportunistic real estate investment fund and led a team that originated and structured more than $1.8 billion of private investments in real estate operating companies, in approximately 30 separate transactions. Previously, David was a Vice President at Lazard Frères & Co., where he focused primarily on mergers, acquisitions, restructuring, and capital markets transactions for real estate and lodging companies worldwide. He is a member of the Urban Land Institute, the Pension Real Estate Association and the Economic Club of Chicago. David serves as a member of the Board of Directors of the Jewish United Fund/Jewish Federation of Metropolitan Chicago, and as the Chair of the Investment Committee overseeing the organizations’ approximately $1.1 billion of endowment and pension plan assets. He is also a member of the Board of Trustees of the Bernard Zell Anshe Emet Day School, and a member of the Board of Directors of the BZAEDS Endowment Fund. David holds a B.A. in Art History, cum laude, from Yale University.

Brad W. Beelaert

Principal

Brad is responsible for asset management activities and forming new operating partner relationships for WHIREP, and is a member of the Investment Committee. Prior to joining WHIREP’s predecessor, Brad was a Vice President of Security Capital Research & Management (a subsidiary of JPMorgan). At Security Capital, Brad focused primarily on underwriting and structuring privately-negotiated equity investments in real estate operating companies, across geographies and product types, on behalf of a $2 billion opportunistic investment vehicle. Prior to joining Security Capital, he was a Senior Associate in the Chicago office of Standard & Poor’s Corporate Value Consulting, formerly a division of PricewaterhouseCoopers LLP, where he advised clients on valuation-related matters. Brad is a member of the Urban Land Institute and serves as Vice Chairman of ULI’s Small Scale Development Council. He holds a B.S., magna cum laude, in Finance and Accounting from Indiana University.

Bradley J. Hannah

Principal

Brad serves as WHIREP’s Chief Operating Officer and Chief Compliance Officer, overseeing firm operations, compliance, fund administration, financial reporting and taxation, and is a member of the Investment Committee. Previously, he focused on acquisitions and asset management activities for WHIREP and its predecessor. Prior to joining WHIREP’s predecessor, Brad was an Associate in the Chicago office of Charles River Associates, where he provided valuation and advisory services in connection with technology-rich licensing and merger & acquisition transactions. He holds a B.S. in Finance and Decision Sciences from Miami University, where he graduated cum laude.

T. Rush Sturges III

Principal

Rush is responsible for originating and structuring real estate investments for WHIREP and is a member of the Investment Committee. Prior to joining WHIREP, Rush was Managing Director and Head of Real Estate for Privet Investments, the real estate investment arm of Privet Capital, a New York-based, multi-strategy investment management firm. As head of Real Estate at Privet, he developed and implemented its real estate investment activities, including sourcing and structuring opportunities, as well as leading the underwriting, due diligence, and asset management process. At Privet, Rush was involved in sourcing and executing more than 30 equity and debt transactions with an aggregate value in excess of $800 million. Rush received a B.S.M. degree in Finance from the Freeman School of Business at Tulane University.