CHAMPAIGN, Ill. – The University of Illinois Intercollegiate Athletics Division announced a second major gift in four years for CA Ventures’ Fighting Illini Investment Projects, a real estate investment firm founded by Tom Scott. , alumnus of the Gies College of Business. This most recent donation, which is also possible through the Scott Family Foundation, established in 2006 by Tom, Julie and Christopher Scott, will commit $4 million to the Ubben Basketball Complex renovation and expansion project and $1 million for the Illinois men’s tennis program. In 2018, CA Ventures also paid $2.5 million to the Henry Dale and Betty Smith Football Center to name the rooftop terrace.

“CA Ventures was founded on the idea of ​​making the most of student life, and as an alumnus of the University of Illinois, I am extremely grateful to have the opportunity to give back to this community,” said CA CEO Tom Scott. Companies. “CA is passionate about the pursuit and advancement of higher education and is committed to creating and fostering communities that promote student success. We hope our contributions will do just that, creating some of the fondest memories for students. U of I students.”

CA Ventures is a vertically integrated, global real estate investment management firm with over $13 billion in assets in the United States, Europe and Latin America. The Chicago-based company offers comprehensive in-house investment, development and operating services, and specializes in a range of niche commercial real estate asset classes, including student housing, senior living, multi-family, industry, medical practices and life sciences. CA Ventures manages real estate investments on behalf of some of the world’s largest institutional investors through a range of core, value-added and opportunistic investment vehicles. The firm also offers third-party management services for student and residential assets.

“CA Ventures has been a generous partner of the DIA through many of our student-athlete facilities and initiatives over the past four years,” the athletic director said. Josh Whitman noted. “We are grateful for their continued support of Fighting Illini Athletics, which is truly changing the experience and opportunities for success enjoyed by hundreds of student-athletes.”

Ubben’s renovation and expansion will add approximately 40,000 square feet to the existing structure, while remodeling large portions of the original building. New offices for coaches and a lobby are included in the project. Two new half courts will be added to the spaces of the women’s and men’s gymnasiums, providing programs with additional space to work on player development. The project will include a strength and conditioning addition, player recovery areas and a state-of-the-art sports medicine facility, and will significantly increase the size of locker rooms and player lounges. Groundbreaking for new construction is expected to begin in spring 2021.

“The impact of a donation of this magnitude cannot be overstated,” the women’s basketball head coach said. Nancy Fahey noted. “We have a plan in place to forge an elite experience for our student-athletes with the Ubben revitalization, and the generosity shown by CA Ventures will help make that vision a reality.”

“We are grateful for the support CA Ventures has provided to Fighting Illini Basketball, Illinois Athletics and the University of Illinois,” said the men’s basketball head coach. Brad Underwood noted. “They are committed to providing a first-class experience for our student-athletes, and their generosity towards Ubben’s renovation project will ensure that the standard is met for everyone who is part of this program.”

The $1 million donation for the nationally ranked Fighting Illini men’s tennis team will help the program continue to provide impactful experiences for its student-athletes and enhance one of the best college tennis facilities, the Atkins Tennis Center and the Khan Tennis Complex. Under the direction of 16^and head coach of the year brad dancer, the Illinois men’s tennis team has competed in the NCAA tournament for 15 consecutive years, including an appearance in the national title game in 2007.

“CA Ventures has been generous with our program for years,” the men’s tennis head coach said. brad dancer noted. “This gift demonstrates their continued commitment to our students, our team and our university. It is a game-changer. It will allow us to enhance the student-athlete experience in all facets of their lives, including academic support, l organization of leading international events and the pursuit to provide outstanding distinctive opportunities.”

CA Ventures’ $5 million donation counts toward the $300 million fundraising goal for the Division of Intercollegiate Athletics, which is part of “With Illinois,” the 2.25 fundraising campaign billions of dollars university-wide.