Nevan Shokar Email & Phone Number

Nevan Shokar began his career at a global, publicly traded REIT (NYSE: WELL) in Ohio where he transacted over $2.7 billion of acquisitions, mergers, and dispositions. He continued his career at Miller Capital Advisory in Chicago, a real estate private equity firm that advises and invests for CALPERS, the nation’s largest pension fund, leading the $1.1 billion acquisition of Miracle Mile Shops. He returned to Detroit to assist in Detroit’s resurgence by joining the Detroit Economic Growth Corporation (“DEGC”). At the DEGC, Nevan was responsible for assisting large commercial real estate transactions in Downtown, Midtown, and Corktown by securing tax incentives, low-cost gap financing, and improving the overall financial feasibility of deals. He is proud to have worked with Olympia Development and Related Companies on their $1.5 billion District Detroit development, creating a new affordable housing loan program and securing a $616 million transformational brownfield TIF. Nevan also worked on job creating economic development deals requiring land acquisition, state and local subsidies, including the Dakkota Kettering transaction and the $2.5 billion Fiat-Chrysler Mack Avenue Plant. Nevan left the DEGC in December 2022 to work as Vice President at Basco, a Detroit headquartered real estate investment, management, and development company leading the firm’s leasing, deal structuring, tax incentives, financial analysis, bank reporting, government relations, and asset management efforts managing a team of over eight employees. Nevan led the entitlement process for a $38 million, 80-unit apartment building in Downtown Detroit, securing over $20 million in grant and 1% interest loan financing for the project. Nevan subsequently left Basco in March of 2024 to focus full-time on the Shokar Group which was founded in 2022. Shokar is a graduate of the Stephen M. Ross School of Business in Ann Arbor, MI where he studied finance and accounting and graduated with distinction. Nevan has participated in ULI’s Larson Leadership Initiative, Leadership Detroit, and the Mackinac Future Leaders program. Nevan lives with his wife and two young daughters in the Brush Park neighborhood in Detroit.

Listed skills include Investments, Financial Modeling, Portfolio Management, Financial Analysis, and 18 others.

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  University Of Michigan - Stephen M. Ross School Of Business

  Graduated With Distinction