Karen B. Case

President & Executive Managing Director, US CRE




Member since:


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Karen Case joined The PrivateBank as Executive Managing Director and President-Commercial Real Estate in October 2007. Reporting to the CEO, she is responsible for the business unit that develops and manages banking relationships with dynamic and growing commercial real estate developers,owners and operators. The PrivateBank’s Commercial Real Estate Group has locations in Chicago andits suburbs, Bloomfield Hills (Michigan), Denver, Milwaukee, Minneapolis and St. Louis. Ms. Case is amember of The PrivateBank’s Operating, Executive, Asset and Liability, Credit Policy, CRA and LoanCommittees. PrivateBancorp, Inc., through its subsidiaries, delivers customized business and personal financial services to middle-market companies, as well as business owners, executives, entrepreneurs and families in all of the markets and communities it serves. As of March 31, 2013, the Company had 36 offices in 10 states and $13.4 billion in assets.

Previously, Ms. Case served as executive vice president in LaSalle Bank’s Commercial Real EstateDepartment where she managed the bank’s Illinois middle market commercial real estate business. Earlier, Ms. Case was responsible for the launching of LaSalle’s satellite offices in St. Louis, Denver andKansas City, as well as establishing the bank’s Corporate Real Estate Group (which evolved into theNational Institutional Real Estate group), banking national real estate service companies, opportunity funds, and pension funds and advisors. Prior to joining LaSalle in 1992, Ms. Case established and managed the Midwest real estate lending operations for New York-based Marine Midland Bank. At The First National Bank of Chicago, she was responsible for managing banking relationships with Midwest- based real estate development and syndication firms.

Ms. Case is an active member of the following professional organizations:
o The Chicago Network (Board member and Women in the Forefront co-chair)o Chicago Real Estate Executive Women (past board member and Treasurer)o The Economic Club of Chicago
o The Executives’ Club of Chicago
o International Council of Shopping Centers (Trustee)
o Leadership Greater Chicago (Fellow, Class of 1997)
o Real Estate Finance Forum (co-founder and past President)

Ms. Case currently serves on the Board of Directors and Executive Committee of JDRF International whose mission is to treat, cure and prevent type 1 diabetes and its complications through the support of research. As Treasurer of JDRFI, Ms. Case chairs the Finance committee and is a member of the Development Committee. In addition, Ms. Case is a lifetime member of the board of directors and a current member of the Executive Committee of JDRF Illinois, the largest of nearly 100 JDRFI chapters, branches and affiliates worldwide. From 2008-2010, Ms. Case served as Board President, and from 2005-2007 and in 2010, Ms. Case chaired the JDRF Illinois Chance of a Lifetime Dinner Gala, during

which time this event raised nearly $12 million.

Ms. Case is a board member of Community Investment Corporation, Chicagoland’s leading multifamilyrehab lender, providing a reliable source of financing for the acquisition, rehabilitation and preservation of affordable rental housing; and a member of the board of directors of Timeline Theatre which producesplays with historical themes relevant to today’s issues. Timeline was named Best Theater in Chicago byChicago Magazine (2011) and Company of the Year by The Wall Street Journal (2010).

For more than 10 years, Ms. Case was a board member of Girl Scouts of Chicago, and served as its president for two terms, during which time the council initiated and completed a capital campaign for the redevelopment of its two camp properties. (GSC has since merged with other Chicago-area Girl Scout councils to form Girl Scouts of Greater Chicago and Northwest Indiana serving nearly 100,000 girls).

Ms. Case was selected by Today’s Chicago Woman (July 2013 and July 2011) as one of Chicago’s “100Women Making a Difference,” and Crain’s Chicago Business profiled Ms. Case in its 2008 report of “Women to Watch.” In 2003, Illinois State Treasurer Judy Barr Topinka awarded Ms. Case with theWoman Making a Difference distinction. In 2001, Ms. Case was a recipient of the Thanks Badge, the highest honor bestowed by Girl Scouts of the USA. In 1999, she was recognized on WTTW-TV 11’sSCGK Honors for her civic contributions on behalf of Girl Scouts of Chicago. In 1995, Ms. Case was selected as an Honoree of the Midwest Women’s Center Tribute to Chicago Women, and was awardedthe Honor Pin by Girl Scouts of the USA.

Ms. Case earned her MBA from The University of Chicago and a BS in Business Administration from Washington University in St. Louis, where she has served on the Alumni Board of Governors, and for nearly a decade, served as chairperson of the 4,000-member Chicago alumni club. She also attended The University of London and The American College in Paris.

A native of New York, Ms. Case lives in Chicago’s Lincoln Park neighborhood with her husband, Jay.They have three children.