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With vaccine success expected and a US government keen to rebuild international bridges, the sector has every chance of reversing this current trend.
The 25-year industry veteran will oversee the New York-based capital advisory's evolving global investor outreach program.
The new hire brings a data-driven, analytical approach to the role, which will also focus on health and wellness initiatives.
It has long been believed what happens in real estate happens first in the US. That assumption could change with key Asian economies projected to rebound faster from the covid-19 crisis.
The Miami-based investment firm has completed its biggest-ever initial closing with its latest property vehicle, which is also the largest in market.
More than half of the capital for the California firm’s latest vehicle came from the region, much of it from first-time investors.
Miramar industrial
The new business has already closed on its first deal and is embarking on a capital raise focused on last-mile logistics facilities in the US.
The former Torchlight Investors partner has joined the real estate debt specialist as senior managing director and co-head of capital raising.
Park Madison Partners expects capital commitments to bounce back in 2021 but with a strong preference for certain strategies.
The pandemic has brought increased focus on the social aspects of ESG strategies in particular, according to the real estate investment manager.
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