NEW YORK, March 24, 2022 /PRNewswire/ — Lafayette Sq., an effects expense system, declared currently that Onay Payne has been appointed Managing Director of Serious Estate. In this freshly established position, Payne will oversee the firm’s true estate division, which will make the most of prolonged-phrase cash and coordinated solutions to support the revitalization of neighborhoods in historically marginalized communities by municipally significant redevelopments as very well as the creation and preservation of very affordable housing. Payne will also be a portion of the expenditure committee that will oversee all of Lafayette Square’s broader genuine estate routines such as strategic joint ventures and inclusive authentic estate progress.
Payne is a genuine estate veteran with more than 20-5 years of marketplace knowledge. Prior to becoming a member of Lafayette Sq., she was an equity partner, Handling Director and Portfolio Supervisor at Clarion Companions, a real estate expense business with in excess of $70 billion in belongings underneath management. In excess of the study course of her job at Clarion Partners, which began in 2003, Payne served in several investment decision roles with oversight of a number of commingled money and independent accounts invested throughout all key residence forms and markets all over the United States and Mexico, and also served on the Financial commitment and Occupation Administration Committees. Payne started her job in just the financial commitment banking division at JPMorgan Chase.
“We are thrilled that Onay has joined Lafayette Sq. to create the third pillar of our influence investment system,” said Damien Dwin, founder and CEO of Lafayette Sq.. “Her track record melds deep true estate investment abilities with a enthusiasm for making beneficial influence in neighborhood communities.”
“I share Damien’s and the Lafayette Square team’s eyesight in leveraging an effect-pushed financial investment technique to make a long lasting difference in communities that have historically been overlooked and undercapitalized,” claimed Payne. “I’m honored to be a part of this sort of an ground breaking system and support scale our real estate financial investment efforts to enact meaningful adjust in underserved locations.”
Payne acquired a bachelor’s degree from Harvard University (magna cum laude) and an M.B.A. from Harvard Business enterprise School, the place she was a Robert Toigo Foundation (“RTF”) Fellow. She currently serves as Chair of the RTF Alumni Endowment Board and Chair of the Finance Committee of the board of the Mark Morris Dance Team. She is also a member of the Harvard Alumni Authentic Estate Board the Genuine Estate Govt Council WX New York Gals Executives in Actual Estate the City Land Institute, where she sits on the countrywide Technological know-how and Real Estate Council and the ULI NY Advisory Board and the Advisory Board of Developing Cyber Security.
Payne is a recognized chief within the actual estate market, getting been selected as a member of Industrial Observer’s 2021 Energy Finance 50 list, featured in the Pace Frequent Floor Marketing campaign for Gender Equality in 2017, inducted into Toigo Foundation’s inaugural “40 Underneath 40” record in 2013, and featured in Genuine Estate Forum Magazine’s “Females of Affect 2010”.
About Lafayette Square
Lafayette Sq. is an impact investment decision system functioning locally to generate an inclusive American economy. Our mission is to be the leading provider of impact-driven cash. We believe deploying cash and curating services will create economic opportunity for all.
As we make investments, we do the job with a mission-aligned network to provide impactful services that improve the wellbeing of underserved people and communities. For much more info about Lafayette Sq., please visit www.lafayettesquare.com.
Media Get hold of:
Shree Dhond/Doug Allen
Dukas Linden Community Relations
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