KIG, Chicago’s leading commercial real estate brokerage firm specializing in institutional multifamily properties throughout the Midwest, has announced Jay Zukanovic, 29, has joined the firm as financial analyst.
Most recently Zukanovic was treasury manager for Chicago-based Amsted Industries Inc. Prior to that, he was senior analyst – global treasury for Chicago-based Wm. Wrigley Jr. Co.
“Zukanovic’s background in treasury expands the depth of services offered to KIG clients,” said Susan Tjarksen, principal and managing broker at KIG. “He is in the process of creating financial models for us. Coming from outside the real estate industry, his view on creating and developing proformas is really going to continue to set us apart from our competition.”
In his most recent position at Amsted Industries, Zukanovic managed internal valuation models ensuring the integrity of Amsted’s assigned stock price by a third-party financial advisor. He also constructed a multi-variable forecasting model to predict share redemption behavior by back-testing idiosyncratic and external market indicators through statistical analysis.
“I have been seeking an opportunity to be part of building a company from the ground up,” Zukanovic said. “KIG’s extensive use of market intelligence resonates with my skill set of researching valuation trends. This information will give institutional investors a huge edge in their decision-making process.”
In the five years Zukanovic spent at Wm. Wrigley Jr. Co., he rose from rotational development program analyst to global treasury analyst to senior analyst – global treasury. He repatriated $1.4 billion in foreign funds to the parent company via various channels, while simultaneously monitoring weekly liquidity for 80 Wrigley entities. Additionally, he managed Wrigley’s foreign exchange hedging program.
“I was also looking for a firm that values the acquisition, interpretation and deliverance of data-driven intelligence, and that’s exactly what KIG does,” Zukanovic said.
Zukanovic has an M.B.A. from the University of Chicago Booth School of Business with concentrations in econometrics, economics, finance, and managerial/organization behavior. He has a bachelor’s degree in business administration from Indiana University Kelley School of Business.
About KIG:
KIG (Kiser Institutional Group) is a Chicago-based commercial real estate brokerage and development consulting firm specializing in institutional multifamily properties throughout the Midwest. KIG works with institutional owners and investors on the acquisition and disposition of large multifamily properties and portfolios, as well as consulting with developers of multifamily projects, both apartment and condominium. KIG utilizes dynamic market intelligence created for a wider group of multifamily decision makers, resulting in a more transparent and profitable process. Wielding expert, in-depth multifamily knowledge and an unparalleled track record in transactions, KIG has assembled a forward-thinking team to interpret and deliver data-driven intelligence to today’s institutional investor.
Jay Zukanovic has joined KIG as financial analyst.