Curated News
By: NewsRamp Editorial Staff
November 12, 2024
Veteran Real Estate Executive Mike Daly Joins Rafferty Holdings to Launch Rafferty Real Estate
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- Michael Daly's joining of Rafferty Holdings aims to maximize returns in the opportunistic real estate market, providing a competitive advantage for investors.
- Michael Daly, with over 35 years of real estate experience, will design the portfolio, evaluate market opportunities, structure deals, and manage investments for Rafferty Real Estate.
- Rafferty Real Estate's strategic expansion into opportunistic real estate will create high-value opportunities, maximizing returns for investors and leveraging market expertise for a better tomorrow.
- Michael Daly has a successful background in real estate, with impactful stints at Gemdale USA, Jonathan Rose Companies, Forest City Enterprises, and Sterling Glen Communities.
Impact - Why it Matters
This news matters because the addition of Michael Daly to Rafferty Holdings and the launch of Rafferty Real Estate signify a strategic move to expand the company's investment portfolio into opportunistic real estate. This will not only maximize returns for its investors but also leverage its broader market expertise, potentially impacting the real estate sector and the investment landscape.
Summary
Michael Daly, a veteran real estate executive with over 35 years of experience, is joining Rafferty Holdings to help guide and launch an opportunistic real estate investment strategy, Rafferty Real Estate. In his new role, Daly will be responsible for designing the portfolio, evaluating market opportunities, structuring deals, and managing investments. Daly brings an extensive and varied background in the real estate sector, marked by successful stints in acquisitions, development, and operations.
Rafferty Holdings is a diversified private investment firm with a significant presence in asset management and fintech. The firm is committed to identifying and capitalizing on high-value opportunities across various industries, with operating companies such as Direxion Investments (~50bn AUM) and Hilton Capital Management (~3bn AUM) under its umbrella. With Rafferty Real Estate, Rafferty aims to strategically expand its investment portfolio into opportunistic real estate, creating a strategy that maximizes returns for its investors while leveraging its broader market expertise.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Veteran Real Estate Executive Mike Daly Joins Rafferty Holdings to Launch Rafferty Real Estate
