Chang Lee

Principal, Chief Investment Officer at Sterling Bay

Chang is responsible for sourcing and closing new acquisitions and development projects outside of Chicago and expanding the firm’s capital partner relationships. Chang led Sterling Bay to establish joint venture relationships with Lone Star, DRA Advisors and Wheelock Street Capital. Chang also oversaw the development of Ace Hotel Chicago and is overseeing the development of Hyatt House in Fulton Market and 545wyn, an office project in Miami. For ten years prior to joining Sterling Bay, Chang provided investment sale advisory services at Eastdil Secured, LLC, focusing on office assets in the Midwest and retail assets throughout the country, completing over $18 billion in office, retail and residential transactions. He earned a BS in Business from the University of Illinois at Champaign-Urbana and an MBA from Northwestern University’s Kellogg School of Management. He is a member of Urban Land Institute, Kellogg Real Estate Alumni Club, and University of Illinois Real Estate Alumni Club.

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  • Principal, Chief Investment Officer

    Current role

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