Adam Cibik joins Nordic Realty Partners as managing director

Nordic Realty Partners has appointed Adam Cibik to managing director to be based out of Austin, effective Sept. 1, 2018.

In this newly created role, Cibik will manage acquisitions, asset management and capital raising for new value-add real estate investments with a geographic focus on the central Austin market and a sector focus on multi-tenant light industrial and workforce housing (multifamily) assets. He aims to use his experiences working for best-in-class LPs to create a better GP model through technology-based market/asset selection, lower fee loads and higher partnership transparency.

Cibik brings more than 14 years of institutional real estate investment management experience to Nordic. He was most recently at the Employees Retirement System of Texas, where he served as portfolio manager – real estate investments overseeing commingled fund and direct co-investments for the $27 billion pension fund’s real estate allocation. Prior to ERS Texas, Cibik spent five years with the Canada Pension Plan Investment Board working in Toronto and London on international real estate acquisitions. Earlier in his career, he held positions at CBRE and Builders Bank.