News: Brokerage

Savanna hires Liang as senior analyst

Savanna, a New York-based real estate private equity and asset management firm, has hired Kevin Liang as a senior analyst. In his new position, Liang will work on acquisitions and asset management including acquisition underwriting, due diligence, financial modeling and deal structuring. "We are thrilled to announce the addition of Kevin Liang as another essential member of the Savanna team. His industry expertise and diligence will certainly complement our strong analytic staff," said Christopher Schlank, a managing partner of Savanna. Prior to joining Savanna, Liang worked as an investment banking analyst in the Global TMT group at Citigroup in New York. At Citigroup, Mr. Liang worked on various transactions including capital markets offerings and advisory assignments for public and private companies within the telecommunication and media sectors "I am excited for the opportunity to be a part of such a successful company and look forward to working with the firm on embracing new challenges to create value within Savanna's portfolio," said Liang. "I look forward to utilizing my prior experience to help build on the success Savanna has already achieved as one of the top real estate private equity firms." Liang graduated magna cum laude from the Stern School of Business at New York University with a Bachelor of Science in Finance.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.