Talented real estate investors possess a mix of important attributes – the ability to discern value, the ability to manage people and assets, the ability to hold several different economic plotlines in the head at the same time, patience, diligence. The list goes on.
None of these attributes can be labelled either masculine or feminine. And yet the casual observer might not reach this conclusion when casting an eye across the leadership of today’s global real estate investment industry, which is dominated by men.
However, working with the New York- and San Francisco-based Women in Real Estate Network (WIRE), PERE has compiled a list of the 10 most influential women in private real estate investing globally today.
The women, each profiled in the July issue of PERE magazine, wield significant clout among their peers, as well as deploy significant amounts of capital. They are, as many real estate professionals questioned by PERE said, pioneering leaders in their field.
The 10 most influential women in real estate are:
Benson Elliot Capital Management
Promark Investment Advisors
Dune Real Estate Partners
Clerestory Capital Partners
Nori Gerardo Lietz
IL&FS Investment Managers
Victoria Shigehira Sharpe
Pramerica Real Estate Investors (Asia)
LaSalle Investment Management
New York State Common Retirement Fund
The Women in Real Estate Network was co-founded in January 2008 by Alexandra Hill, investor relations principal at The Blackstone Group; Larissa Herczeg, director of Morgan Creek Capital Management; Liz Madzula, GE Capital Real Estate senior asset manager and Nik Tan, senior vice president at GIC Real Estate. WIRE was created as a networking tool for female private equity real estate executives, and from an initial start of just four professionals, the group has grown to more than 500 members.