The September Perspective: Vol. 4

Q3 2026

As we look back on the third quarter of 2026, we’re sharing our perspectives on some of the trends shaping the industry, along with a roundup of notable leadership transitions. As always, we welcome your thoughts and look forward to staying connected.

Market Themes

  • Investment Hiring Waits for Broader Momentum: Many firms entered 2026 expecting transaction activity to accelerate after several years on the sidelines, but the recovery has been slower and more uneven than anticipated. Hiring remains targeted around active strategies and specific needs rather than broad additions ahead of expected deal flow.

  • Growth Roles Move to the Forefront: Continued M&A and expansion into new businesses are reshaping how firms think about growth. This has led to higher demand for strategy, corporate development and strategic initiatives professionals who can evaluate new opportunities, support acquisitions, and help with post-M&A integration.

  • Senior Talent Is on the Move: A growing number of long-tenured executives are transitioning through organizational change, succession, and natural career evolution, while new platforms and specialist businesses are creating more options for experienced leaders. That movement is putting greater pressure on firms to strengthen succession planning, develop internal bench strength, and retain rising leaders.

  • Institutional Capital Gets Closer to the Operator: LPs are increasingly partnering directly with specialist operators, attracted by the sector expertise and hands-on execution that can drive value at the asset level. To support these relationships, operators are having to institutionalize their functions and processes, driving talent investment across a range of functions such as capital formation, portfolio management, finance, and reporting.

  • Capital Formation Expands Its Mandate: As firms broaden both their product sets and investor channels, they are looking for capital formation professionals who can do more than manage a traditional fundraise. Hiring increasingly favors people who can help shape products, develop tailored institutional solutions, and / or build access to private wealth and retail channels.

  • Private Credit Moves Into Infrastructure: Growing financing needs across power, digital, and energy transition are drawing more private credit capital into infrastructure. As credit managers build dedicated capabilities and infrastructure platforms expand into debt, demand is growing for professionals who can bring structured credit and underwriting experience to complex infrastructure investments.

Click here if you want more information on how these themes are playing out in the talent market.

Notable People Moves

People Moves
Individual Title New Organization Former Organization City
C-Suite / Partnership
Andrew KimballSVP, Global Real Estate, Facilities, and Campus DevelopmentNYUEDCNew York, NY
Andrew WattulaEVP, Outpatient Medical & ResearchVentasHudson Pacific PropertiesChicago, IL
Aric ChangCFOAmerican Healthcare REITPublic StorageIrvine, CA
Brandon HollihanCOOPalatine Capital PartnersFour TowersMiami, FL
Bud PharrisCEOPacific IndustrialLink LogisticsLong Beach, CA
Clay HicksCOOHilltop ResidentialThe Dinerstein Cos.Houston, TX
Craig MacIntyreSVP & CFOAllied Properties REITChoice PropertiesToronto, Canada
Craig VachrisChief Investment OfficerEssential Properties Realty TrustWP CareyPrinceton, NJ
Dan TeperSMD, Global Head of Real EstateAIMCoAbu Dhabi Investment CouncilAlberta, Canada
David ResnickPartner, Co-CIODriftwood Capital13th Floor InvestmentsMiami, FL
Edward WinterCIO for Real AssetsADICBlackRockUnited Arab Emirates
Erik SchnebergerEVP, Global Chief Marketing OfficerCohen & SteersAmerican Century InvestmentsNew York, NY
Jamie GraffCEOIQHQRaymond JamesSan Diego, CA
Jason KernPresident & Chief Investment OfficerSimpson HousingCortlandAtlanta, GA
Jeremy GoldbergManaging Director, CIOCovenant Capital GroupStepStoneCleveland, OH
Joseph GhazalSenior Managing Director, Global Head of GrowthTishman SpeyerPrologisNew York, NY
Kevin VertreesChief Information OfficerVornado Realty TrustMission Rock ResidentialBrooklyn, NY
Matt LewisChief Investment OfficerBanyan ResidentialTrinsic Residential GroupDallas, TX
Michael GouldCFOAccess Point FinancialFreddie MacAtlanta, GA
Yair WainbergChief Investment Officer13th Floor InvestmentsInternal PromotionMiami, FL
Acquisitions & Originations
Adam LererManaging Director, InvestmentsCIM GroupPIMCO Prime Real EstateLos Angeles, CA
Alex GendelmanManaging PrincipalClock Tower IndustrialMavik CapitalNew York, NY
Alex JanoffExecutive Director, Real Estate Securitization & Capital Markets - Large Loan OriginationsWells FargoMonarch Alternative CapitalNew York, NY
Amelia PascucciVice PresidentBainMadison Int'l. RealtyNew York, NY
Amy JohannesManaging DirectorLonestarOaktree Capital ManagementNew York, NY
Andrew DykemanSVP, Equity InvestmentsDriftwood CapitalThe Witkoff GroupMiami, FL
Ari MandelbaumDirectorArrow Real Estate AdvisorsInsignia ResourcesNew York, NY
Asa YapaManaging Director, InvestmentsCIM GroupEastdil SecuredNew York, NY
Ben BrudneyHead of Global IndustrialTishman SpeyerKKRNew York, NY
Brett ClementVice President, Real Estate Exchange SpecialistAres ManagementMorgan StanleyNew York, NY
Bryan RubinExecutive Vice President, Investments and DevelopmentColumbia Property TrustLaurel Capital ManagementNew York, NY
Chad GoodmanManaging Director, Head of Eastern and Central Region CreditCanyon PartnersRelatedNew York, NY
Charlie ObrechtVice PresidentBDT & MSD PartnersJadian CapitalNew York, NY
Christopher LoscoFounder & Managing PrincipalArtaTaconic PartnersNew York, NY
Cole BildsteinVice PresidentStarwoodPretiumNew York, NY
Cole CookDirector, Multifamily AcquisitionsPRP Real AssetsGindi EquitiesNew York, NY
Danielle PetersonDirector, West Coast OriginationsPIMCO Prime Real EstateAresLos Angeles, CA
Danny DeMarcoDirector, Acquisitions - Northeast & ChicagoTruAmericaLivCorNew York, NY
David SchwarzSenior Managing Director, Real Estate Credit (Real Assets)Blue Owl CapitalAmherstNew York, NY
David SukenikManaging DirectorEverviewCenterbridge PartnersNew York, NY
Dillon LordaManaging DirectorNuveenAEWCambridge, MA
Drew AndersonVice President, AcquisitionsBerkshireMill Creek ResidentialBoston, MA
Floortje BrouwersManaging Director, InfrastructureGICCVCLondon, England
George ZacharyVice President, Real Assets & InfrastructureWafraGIPNew York, NY
Gerard NorciaEVP, Head of MultifamilyRXROlmstead PropertiesNew York, NY
Gregory MoranPartner, Head of GP SolutionsHawkeye PartnersFrontRange Capital PartnersAustin, TX
Jacob FrackmanVice PresidentEOS InvestorsProspect RidgeNew York, NY
James KanePartner, Multifamily Acquisitions & Investment ManagementBattleCreek CapitalMadera ResidentialAtlanta, GA
Jeff WeinbergManaging DirectorArrow Real Estate AdvisorsMeridian Capital GroupNew York, NY
Joel TomlinsonManaging PartnerLNL CapitalAresSan Diego, CA
Jon SteinPrincipalSmith Hill CapitalTorchlight InvestorsNew York, NY
Jonathan SessaVice President, Opportunistic Private CreditNomura Capital ManagementEmet Capital ManagementNew York, NY
Liam HarveyVice President of InvestmentsFrontRange Capital PartnersBain CapitalDenver, CO
Lindsey SniderInvestment Officer, Real EstateFidelity InvestmentsJP MorganNew York, NY
Loren BerkleyManaging DirectorThirtyFourth CapitalPEG CompaniesNashville, TN
Mari LehmanVice President, InvestmentsCallahan Capital PartnersSterling BayChicago, IL
Mario MoralesManaging DirectorBaird Real Estate PartnersAffinius CapitalNew York, NY
Marshall NevinsManaging Director, Co-Head of Acquisitions, AmericasKKRBlackstoneNew York, NY
Matt NolandDirector, Capital MarketsNoble Investment GroupPeachtree GroupAtlanta, GA
Maxwell MastrellPrincipalAquarian HoldingsSilverstein PropertiesNew York, NY
Meredith NissenbaumVice President, Digital InfrastructureBlue Owl CapitalTishman SpeyerNew York, NY
Michael EglitHead of U.S. OriginationsStarwood CapitalBlackstoneNew York, NY
Mike ShepardVice PresidentFiera CapitalJLLBoston, MA
Nick FafoutisInvestment and Leasing OfficerEQT Real EstatePrologisSan Francisco, CA
Paul ChungHead of AcquisitionsSJP PropertiesQuinlan Development GroupNew York, NY
Roman StarskySenior Director, Head of Capital MarketsBrio Real EstateFortressDallas, TX
Ryan LeetsManaging DirectorAkerBDP Impact Real EstateNew York, NY
Ryan MadaniManaging Director, Cascade Real Assets FundCliffwaterPartners GroupNew York, NY
Ryan MunozSVP, Head of Multifamily CreditAnchor LoansW5 GroupMiami, FL
Sam WalshManaging Director, Real AssetsCliffwaterGICNew York, NY
Shawn VeldhouseManaging DirectorRCLCO Fund AdvisorsNew York State Common Retirement FundNew York, NY
Tayllor AllenVice President, AcquisitionsPeregrine HospitalityRockbridgeDenver, CO
Thomas PeriniHead of Real Estate Special SituationsArrow Global GroupKing Street Capital ManagementLondon, England
Tom DeightonCo-FounderTBD CompaniesRelatedNew York, NY
Tyler RothenbergManaging DirectorHenderson ParkCerberus Capital ManagementLos Angeles, CA
Will ThomasVice PresidentCenter Capital PartnersStonelake Capital PartnersDallas, TX
Zach SamuelsManaging Director, InvestmentsBGOKing Street Capital ManagementNew York, NY
Portfolio Management
Chris KostylaCo-Portfolio ManagerTA RealtyBGONew York, NY
Derrick PerkinsVP of Portfolio ManagementThe Meritex CompanyGlassBox i.REAtlanta, GA
Drew FungManaging Director, Portfolio ManagerPrincipal Asset ManagementClarion PartnersNew York, NY
James MillerManaging Director, Co-Portfolio ManagerCBRE Investment ManagementForum Investment GroupLos Angeles, CA
Joe DelibertoManaging Director, Portfolio ManagementTruAmericaAshcroftDallas, TX
Maggie Duus DeichmanHead of Debt Portfolio ManagementPIMCO Prime Real EstateCityviewNew York, NY
Matthew JoinerManaging Director, Real Estate Portfolio ManagementPrincipal Asset ManagementContinental Realty CorporationNew York, NY
William HedleyDirector, Portfolio ManagementJadian CapitalBGONew York, NY
Will LeeHead of Portfolio SolutionsHudson Bay Capital ManagementWellington ManagementNew York, NY
Asset Management
Adam LevensonVice President, Residential Asset ManagementRXRMay Riegler PropertiesNew York, NY
Ann LaceyEVP, Portfolio & Asset Management -Senior HousingAmerican Healthcare REITArtemis Real Estate PartnersWashington, D.C.
Colin JoySenior Manager, Asset ManagementSunrise Senior LivingMonticelloamNew York, NY
Conley StreetInvestment ManagementSouthern Land CompanyMission Hill HospitalityNashville, TN
Danielle GarsonPartnerCypress Capital InvestmentsJP MorganSanta Monica, CA
Gabi FrancoManaging Director, Head of Asset ManagementCityviewInterstate DevelopmentLos Angeles, CA
Hari YoonVice President of Asset ManagementhotelAVETrinity InvestmentsLos Angeles, CA
Jack RogersManaging DirectorJBA Asset ManagementD.E. ShawNew York, NY
Jan HajekSenior Vice President, Asset ManagementCHMWarnickFirst InvestorsChicago, IL
Jared GoldmanAVP, Senior Housing, Investment ManagementLandmark PropertiesWelltower Inc.New York, NY
Jon GlassManaging Director, Senior HousingHarrison Street Asset ManagementPGIMAtlanta, GA
Jordan BallanceVice President, Asset ManagementEOS InvestorsPark Hotels & ResortsNew York, NY
Matthew BeverlyHead of Asset ManagementThe Inland Real Estate GroupTransformco PropertiesChicago, IL
Nehali PatelDirector of Asset ManagementNoble Investment GroupTPG Hotels and ResortsAtlanta, GA
Samantha LynnVice President, Strategic Operations & Asset ManagementAscendant Capital PartnersMill Creek ResidentialLos Angeles, CA
Shira RappaportExecutive Director - REA Debt Asset ManagementJP MorganRXRNew York, NY
Smith DaleyManaging Director, Global Head of Real Estate Debt Asset ManagementAresCIM GroupNew York, NY
Thomas GrubbVice President, Multifamily Asset ManagementStarwoodGreystarNew York, NY
Capital Formation & Investor Relations
Alex GriffithsGlobal Head of Client CapitalSavills Investment ManagementAEWLondon, England
Andrew BarnumManaging Director of Product StrategyInland Real Estate Investment CorporationiCapital NetworkBoston, MA
Annie HsiehManaging Director, Client Solutions Group, Real EstateICGRXRNew York, NY
Bianca StivelmanDirector, Capital Development & Investor RelationsWalleye CapitalConversant CapitalNew York, NY
Chadwick CunninghamManaging Director, Head of Real Estate Capital Raising, AmericasMetLife Investment ManagementLaSalle Investment ManagementChicago, IL
Dan FanelliCo-Head of US Investor Solutions, Managing DirectorHarrison Street Asset ManagementPGIMNew York, NY
Dhaval PakHead of Institutional Real Estate Capital FormationThe Inland Real Estate GroupParkview FinancialNew York, NY
Douglas DoughtyHead of FundraisingThe Davis CompaniesBain CapitalNew York, NY
Evan AbramsManaging Director and Real Estate Business LeaderGrandview PartnersMadison International RealtyNew York, NY
Faris AbiNaderHead of Capital FormationSound Point CapitalCerberus Capital ManagementNew York, NY
Ivy HolzManaging Director, Institutional SalesManulife Wealth & Asset ManagementAmerican Realty AdvisorsLos Angeles, CA
Jamie McGeeDirector of Capital Markets and Investor RelationsDunbar Real Estate Investment ManagementFaes & CoEl Segundo, CA
Jennifer AnderssonPartnerUrban PartnersNiamStockholm, Sweden
Jennifer CiulloPartner, Head of Client SolutionsHawkeye PartnersGreystarNew York, NY / Austin, TX
Jocelyn FrielChief Capital OfficerAirixa CapitalJackson Square Investment ManagementSan Francisco, CA
Lauren BakerSenior Vice President, Head of Capital FormationArc Capital PartnersHackmanLos Angeles, CA
Liat BishkoHead of Capital FormationPRP Real AssetsTurner Impact CapitalWashington, D.C.
Madalene HavertyPrincipal, Strategy and Investor RelationsTown LaneBlackstoneNew York, NY
Matthew LeungDirector, Real Assets Investment SpecialistMacquarie GroupIFM InvestorsNew York, NY
Melissa PietroforteManaging DirectorBain CapitalKKRNew York, NY
Michael MaciasHead of Capital FormationBanner Real Estate GroupKennedy WilsonLos Angeles, CA
Parth PatelInstitutional Investor SolutionsHinesDWS GroupNew York, NY
Shawn KimbleExecutive Managing DirectorStream Realty PartnersBaringsCharlotte, NC
Sloane SchusterManaging Director, Head of Credit Investor RelationsThoma BravoBlackstoneNew York, NY
Xander PorterExecutive DirectorHPSGoldman SachsNew York, NY
Other
Alex LeungDirector, Head of Infrastructure Thought LeadershipKKRUBSNew York, NY
Andrew ButcherExecutive Managing DirectorMadison CommunitiesTWO Capital PartnersAtlanta, GA
Chris O'GradyChief Development OfficerThesius InfrastructureCyrusOneDallas, TX
David RidouttVP, Design & ConstructionRockefeller GroupRadixNew York, NY
Max PerlmutterPartnerPanattoni Development CompanyEncinal PartnersDallas, TX
Melissa SchrockManaging Director of Mixed Use DevelopmentThe Davis CompaniesHRP GroupBoston, MA
Mike CalivaVice President of DevelopmentRMR GroupSkanskaBoston, MA
Mitzi JonesSenior Managing Director, Southeast RegionRockefeller GroupAtlantic ResidentialAtlanta, GA
Nicholas O'BrienVP of Affordable Housing Development NYThe NRP GroupCREANew York, NY


SSP News

September Search is One Year Old!

We recently celebrated our first anniversary. A big thank you to everyone who has been part of our journey so far, and especially to those who joined us to celebrate this milestone. We're grateful for the relationships, partnerships, and work that have made our first year so rewarding and look forward to what's ahead.


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The September Perspective: Vol. 3