Press Release

Intercontinental Real Estate Corporation Hires Doug Angstrom as Senior Director, Institutional Services

Boston, MA, June 21, 2023 – Boston based Intercontinental Real Estate Corporation, a national real estate investment, development, and management firm headquartered in Boston, MA announced the recent hire of Doug Angstrom to Senior Director, Institutional Services. He will be based in Austin, TX.

As Senior Director, Mr. Angstrom will work closely with institutional investors and investment consultants as part of the Institutional Services Group. He will be responsible for covering and expanding Intercontinental’s Institutional relationships nationwide with a focus on Texas and the southwest region of the United States.

Prior to joining Intercontinental, Mr. Angstrom founded Angstrom Capital Advisors, LLC in 2009 to market investment management strategies to institutional allocators. Prior to Angstrom Capital Advisors, Mr. Angstrom was Managing Director-Head of Public Funds at Goldman Sachs Asset Management from 2002 to his retirement in 2008. Mr. Angstrom’s background includes Vice President of Institutional Sales at AllianceBernstein from 1999 through 2001 and Vice President of Institutional Sales at Invista Capital Management, a subsidiary of the Principal in Des Moines, Iowa, from 1990 to 1999.

Mr. Angstrom received his B.S. in Business Administration in 1975 from Drake University in Des Moines, Iowa. He received his Certified Public Accountant certificate in 1977 and received his Chartered Financial Analyst designation in 1990. Mr. Angstrom is a past president of the Iowa Society of Financial Analysts.

About Intercontinental
Intercontinental Real Estate Corporation is an SEC Registered Investment Adviser* with decades long experience in real estate investment, finance, development, construction management and asset management. Since 1959, Intercontinental and its affiliates have managed, developed, or owned collectively over $20 billion in real estate property. Today, Intercontinental manages a real estate portfolio of approximately $15 billion for its clients. The Intercontinental portfolio is diversified both by robust property mix and by geography. Investment strategies actively seek opportunities to invest in both Core and Core-Plus properties, as well as in Value-Add operating properties and development projects. For more information on Intercontinental please visit
*Registration with the SEC does not imply a certain level of skill or training