Crosstown Capital


 
Crosstown Capital

Crosstown Capital Partners


Crosstown Capital Partners is a real estate investment firm with a proven track record of success across a wide range of real estate investments. Its principals are Chicago-based and its properties can be found in select markets throughout the country.

Management Team



Matthew D. Baumann, CCIM, Managing Director
Mr. Baumann is the Managing Director for Crosstown Real Estate Advisors, a private real estate investment, brokerage and property management firm located in Chicago, Illinois.

Prior to co-founding Crosstown Capital Partners, Mr. Baumann spent 10+ years at Special Assets Acquisitions, where he began his time as the President of Oddjobs, a professional handyman service in Glenview, IL purchased by Special Assets. He was responsible for the daily operation and redevelopment of this distressed business. His efforts included creating a new business plan, securing proper funding from ownership, hiring and training a leadership team and staff of field technicians, and development of all sales, marketing, operations, IT and human resources business processes. After only 8 months of operation, the company was successfully repositioned for sale to Owens Corning.

After transitioning back to Special Assets Acquisitions, Mr. Baumann successfully negotiated over 1,500,000 square feet of office, industrial and retail leases and sales for his client base. After his promotion to Partner, he was primarily responsible for uncovering acquisition opportunities and performing market and financial analysis and coordinating due diligence efforts, including physical property inspections.

At Crosstown Capital Partners, Mr. Baumann is responsible for sourcing acquisition opportunities and sponsoring deals, providing the necessary debt and equity to the assets the company acquires. He also works exclusively with a client base of third-party Tenants and Buyers of real estate.

Mr. Baumann is the founder and past-President of the Chicago West Loop Chapter of LeTip International, a professional business networking organization. He is also a member of CASCO, the Chicagoland Association of Shopping Center Owners. He has earned his designation as a Certified Commercial Investment Member (CCIM). He is involved in many charities, and is especially active as a Board Member of WINGS Program, Inc, an organization that provides a full continuum of support services to women and children that are the victims of domestic abuse.

Jonathan L. Janas, Managing Director
Mr. Janas is the Managing Director for Crosstown Real Estate Advisors, a private real estate investment, brokerage and property management firm located in Chicago, Illinois.

Mr. Janas has over 15 years of experience in commercial real estate. The first 10 years of experience were focused on the asset and property management of large, downtown Chicago highrise, office buildings. Mr. Janas has managed buildings such as 65 East Wacker Place, 30 West Monroe (Inland Steel Building) and 407 South Dearborn. At many of these properties, Mr. Janas also acted as general contractor for new tenant construction. He has successfully been the general contractor on over 150,000 sf of new tenant spaces.

After 10 years of successful asset and property management assignments, Mr. Janas changed his focus and concentrated his efforts on brokerage, acquisition analysis, and building a client base of financial instutions that need management services for their bank owned property. During this time, Mr. Janas successfully negotiated approximately 350,000 square feet of office, industrial and retail leases and sales for his clients. He is extremely successful in marketing properties for sale / lease and identifying properties for prospective clients to lease / purchase.

Prior to co-founding Crosstown Real Estate Advisors, Mr. Janas founded J2 Real Estate, LLC. J2 Real Estate provided property management and brokerage services to many financial institutions and individual property owners. After 2 ½ years growing this company, Mr. Janas co-founded Crosstown Real Estate Advisors, LLC.

At Crosstown Real Estate Advisors, Mr. Janas oversees all asset and property management activities. In addition, he is involved in the sourcing and analysis of potential acquisitions for the firm.

More Information

About Us


We are a private real estate investment company that invests for its own portfolio. Our firm seeks to acquire commercial property (retail, industrial, office, multi-family, mixed-use) in the Midwest.

Our focus is generally properties with some level of physical or financial distress or those that are undervalued due to the complexity of the deal. Ultimately, we will look at any property that has decent real estate fundamentals.??We actively manage everything we own and have also been successful working with lenders on receiverships and REO property.