CA Ventures today announced that Tom Scott, founder and CEO of the Chicago-based real estate investment holding company, received the EY Entrepreneur Of The Year® 2016 Award in the Real Estate category for the Midwest region. This year marks the 30th anniversary of the award program, which recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities.
Scott was selected by an independent panel of judges, and the award was presented at a black-tie gala at the Navy Pier Grand Ballroom on June 15.
“I am humbled and honored to have been selected for this award from such a talented and respected pool of finalists,” said Scott. “This wouldn’t have been possible without the unwavering support of my family and tireless efforts of so many CA employees who love what they do and love coming to work each day. This team has been integral in taking CA Ventures from startup to the multibillion-dollar company it is today, and will continue to feed the exponential growth we’ve been experiencing over the past 12 years.”
Scott founded the company in 2004 as Campus Acquisitions with fewer than 10 employees and a focus on student housing development. In 2012, the company was rebranded as CA Ventures and launched separate development divisions – CA Student Living, CA Office, CA Residential, CA Senior and CA Hospitality – in order to strategically expand its commercial real estate portfolio. Between 2012 and 2015, the company added 100 employees and saw 327 percent employee growth in 2013 alone. Over the last three years, CA has maintained an average year-over-year employee growth rate of 107 percent. Today, the firm’s international portfolio is valued at $6.3 billion.
As a Midwest award winner, Scott is now eligible for consideration for the Entrepreneur Of The Year 2016 national program. Award winners in several national categories, as well as the Entrepreneur Of The Year National Overall Award winner, will be announced at the Entrepreneur Of The Year National Awards gala in Palm Springs, Calif., on Nov. 19, 2016. The US Entrepreneur Of The Year Overall Award winner then moves on to compete for the World Entrepreneur Of The Year Award, which will be presented in Monaco in June 2017.
About CA Ventures
Founded in 2004, CA Ventures LLC is a Chicago-based real estate investment holding company whose international portfolio includes $6.3 billion in assets throughout the U.S. and Latin America. While initially focused on student housing, CA Ventures diversified into other sectors in 2012, including office, senior lifestyle, multifamily, and hospitality. In addition to development and renovation, the firm specializes in institutional joint ventures; value add investing; equity and debt sourcing; and asset management services. CA Ventures serves as the holding company for the CA family of companies, including CA Student Living, CA Office / Vanderbilt Partners, CA Senior, CA Residential, CA International, CA Hospitality, and CA Asset Services. For more information, visit www.ca-ventures.com.
About EY Entrepreneur Of The Year®
EY Entrepreneur Of The Year is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries. Founded and produced by EY, the Entrepreneur Of The Year Awards are sponsored nationally by SAP America, Merrill Corporation and the Ewing Marion Kauffman Foundation. In the Midwest, region sponsors include LaSalle Network, Plexus Groupe, PNC Bank, Becker Professional Education, Cresa Chicago, Chatham Financial, DLA Piper and 1871.
About EY’s Strategic Growth Markets practice
EY’s Strategic Growth Markets (SGM) practice guides leading high-growth companies. Our multidisciplinary teams of elite professionals provide perspective and advice to help our clients accelerate market leadership. SGM delivers assurance, tax, transactions and advisory services to thousands of companies spanning all industries. EY is the undisputed leader in taking companies public, advising key government agencies on the issues impacting high-growth companies and convening the experts who shape the business climate. For more information, please visit us at ey.com/us/strategicgrowthmarkets, or follow news on Twitter @EY_Growth.
About EY
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Tom Scott, CEO of Chicago-based CA Ventures, received the EY Entrepreneur Of The Year® 2016 Award in the Real Estate category for the Midwest region.