MIAMI–(BUSINESS WIRE)–Jul 27, 2021–
Leste Group, a global independent alternative investment manager, is pleased to announce the appointment of Joshua Patinkin as Managing Director of U.S. Real Estate. In his new role, Mr. Patinkin will focus on expanding Leste Group’s U.S. real estate investment platform as well as manage Leste’s existing U.S. real-estate portfolio, including nearly $1 billion in investments and co-investments that Leste led or participated in, across multifamily, single family homes for rent, hospitality and healthcare sectors.
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Josh Patinkin, Leste Group (Photo: Business Wire)
Over his 15-year career Patinkin has been intimately involved in the structuring of over $10 billion in real estate deals, investing across the capital stack and in a variety of asset types. He joins Leste Group from Golub & Company, a Chicago-based real estate development and investment firm where, as Senior Vice President of Capital Markets, he spearheaded the firm’s expansion into western U.S. markets and led the raise of Golub’s first institutionally managed real estate fund. Prior to Golub, Patinkin served as Vice President of Finance & Investments for Starwood Capital Group’s retail operating affiliate and held earlier research and development roles with BMO Capital Markets Investment Banking Division in New York and General Growth Properties, a $40 billion Chicago based mall REIT.
“This is an exciting time for Leste Group as we see significant opportunities in the U.S. to invest capital across new asset types and geographies, and we are proud to partner with Josh given his extensive network and U.S. investment experience,” said Stephan de Sabrit, Managing Partner of Leste Group and Head of Credit and Real Estate. “Josh’s deep financing expertise, entrepreneurialism, the relationships he has cultivated and his enthusiasm for real estate make him a dynamic leader and a tremendous fit for our firm as we position capital in the U.S. and drive performance for all our stakeholders.”
Based in Miami, Josh joins a team that also includes Managing Director Rodrigo Machado, Portfolio Manager Rogerio Miranda and Structured Products Director Dov Rawet, each of whom is focused on Leste’s capital raising activities and the structuring and management of new and existing investments. As Leste optimizes its real estate investment practice in the U.S., Patinkin will help guide the team’s work, organizing investments into a variety of acquisition and development opportunities throughout the Sun Belt region and other select U.S markets.
“I am thrilled to be joining at this pivotal moment in Leste Group’s story,” said Patinkin. “I’ve thoroughly enjoyed developing a working relationship with Leste and my new colleagues as part of the existing strategic partnership between Golub and Leste, and believe we at Leste Group are set up to achieve great things.”
As part of the team’s expansion, Leste also continues to add talent and is actively searching for a Senior Investment Associate, who will be a key team member in evaluating and organizing the Leste US Real Estate investment process. Further information on that role can be found at Select Leaders.
About Leste Group
Founded in 2014, Leste Group is a global independent alternative investment manager guided by core values of respect, creativity, and teamwork. The firm offers investors a diverse range of strategies across real estate, credit, venture, liquid markets and other alternative asset classes. Leste Group’s investment teams leverage institutional-grade processes, a nimble, entrepreneurial approach, capital markets expertise, and exclusive networks to source unique opportunities and drive consistent risk-adjusted returns.
To learn more information on Leste Group, please visit leste.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20210727005657/en/
CONTACT: Tim Bourgaize Murray
Stanton
484.515.5204
KEYWORD: UNITED STATES NORTH AMERICA FLORIDA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE FINANCE CONSTRUCTION & PROPERTY REIT BANKING
SOURCE: Leste Group
Copyright Business Wire 2021.
PUB: 07/27/2021 08:30 AM/DISC: 07/27/2021 08:32 AM
http://www.businesswire.com/news/home/20210727005657/en
