NEW YORK, March 24, 2022 /PRNewswire/ — Lafayette Sq., an effects investment platform, announced today that Onay Payne has been appointed Controlling Director of Genuine Estate. In this recently designed role, Payne will oversee the firm’s serious estate division, which will employ long-term money and coordinated products and services to guidance the revitalization of neighborhoods in traditionally marginalized communities by way of municipally major redevelopments as nicely as the development and preservation of affordable housing. Payne will also be a portion of the financial investment committee that will oversee all of Lafayette Square’s broader genuine estate pursuits including strategic joint ventures and inclusive genuine estate enhancement.
Payne is a authentic estate veteran with about twenty-5 many years of marketplace working experience. Prior to becoming a member of Lafayette Sq., she was an equity companion, Managing Director and Portfolio Supervisor at Clarion Partners, a true estate financial commitment company with about $70 billion in property underneath management. Over the program of her vocation at Clarion Associates, which began in 2003, Payne served in several expense roles with oversight of multiple commingled resources and individual accounts invested across all significant home styles and marketplaces all through the United States and Mexico, and also served on the Investment decision and Profession Management Committees. Payne started her job within just the expense banking division at JPMorgan Chase.
“We are thrilled that Onay has joined Lafayette Sq. to establish the third pillar of our impact investment platform,” claimed Damien Dwin, founder and CEO of Lafayette Sq.. “Her qualifications melds deep genuine estate investment skills with a enthusiasm for creating favourable influence in community communities.”
“I share Damien’s and the Lafayette Sq. team’s eyesight in leveraging an effects-driven financial commitment technique to make a long lasting distinction in communities that have traditionally been neglected and undercapitalized,” reported Payne. “I’m honored to join these kinds of an modern platform and assistance scale our serious estate investment decision initiatives to enact meaningful change in underserved spots.”
Payne acquired a bachelor’s diploma from Harvard College (magna cum laude) and an M.B.A. from Harvard Organization College, where by she was a Robert Toigo Basis (“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 Serious Estate Board the Genuine Estate Govt Council WX New York Gals Executives in Authentic Estate the City Land Institute, in which she sits on the national Technology and Actual Estate Council and the ULI NY Advisory Board and the Advisory Board of Setting up Cyber Safety.
Payne is a regarded chief in just the real estate field, having been selected as a member of Professional Observer’s 2021 Electrical power Finance 50 listing, showcased in the Pace Prevalent Floor Marketing campaign for Gender Equality in 2017, inducted into Toigo Foundation’s inaugural “40 Less than 40” record in 2013, and featured in Real Estate Discussion board Magazine’s “Girls of Impact 2010”.
About Lafayette Square
Lafayette Square is an impact investment decision system functioning regionally to build an inclusive American economic system. Our mission is to be the leading provider of effects-pushed 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 individuals and communities. For a lot more data about Lafayette Square, make sure you visit www.lafayettesquare.com.
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