Kathleen Briscoe Named Chief Operating and Real Estate Investment Officer for AICI, Privately Held Investment Management Company

Company is expanding its direct investments in commercial real estate – plans to invest $50 to $100 million over the next 12-24 months

Business Wire


AICI announced today that Kathleen Briscoe has joined the firm as Chief Operating and Real Estate Investment Officer to lead the company’s expanding real estate investment program and oversee its existing portfolio comprised of more than one million square feet of commercial properties.

“Now is an opportune time to make strategic investments in well-located assets where we can add value through repositioning, redevelopment or proactive management,” noted Briscoe. “Our investment focus is in the western United States particularly Southern California, Phoenix, the Pacific Northwest and the greater Denver area where we believe there are numerous mid-sized properties that fit our investment profile.”

AICI is an all cash buyer; with a targeted transaction size of $7.5 to $25 million, for acquisitions of office, retail, multifamily and industrial properties in major markets in the west. The company plans to invest $50 to $100 million in equity over the next 12 to 24 months, using moderate amounts of leverage.

Briscoe is an accomplished real estate investment professional and business leader, with more than 25 years experience in investment and portfolio management, workouts, developing institutional investor relationships and overseeing and underwriting complex asset and portfolio transactions.

Most recently Briscoe was Chief Investment Officer for IDS Real Estate Group. Previously she worked for 20 years at Lowe Enterprises Investors, an affiliate of Lowe Enterprises, holding various positions prior to serving as Executive Vice President and head of acquisitions and portfolio management. She was named a shareholder in Lowe Enterprises, served as a member of the Investment Committee and played a key role in managing the firm’s institutional investor relationships.

About AICI

AICI is a privately held investment management company with significant direct investments in real estate. Headquartered in the city of El Segundo, CA in Los Angeles County, the company has a portfolio of over one million square feet of office, industrial, multifamily and retail properties under management, located in major markets in California, Arizona and Colorado. For additional information please visit www.aicillc.com.

Karen Diehl

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