Friday, August 19, 2022

Accord Group announces global expansion with addition of industry veteran and new corporate partnership

 

Rita Ling

 San Francisco, CA  Accord Group, a global real estate strategic investment and capital advisory firm, has announced the appointment of Rita Ling to Managing Director, Asia, as part of the firm’s commitment to strategic and ongoing global growth.  

           Ling, who previously served as Managing Director & Head of Investor Relations at Invesco Real Estate in Asia, as well as at Phoenix Property Investors in Hong Kong, will help to expand Accord’s efforts in Asia in response to growing demand in the region, according to Desi Co, Managing Partner at Accord. 

Desi G. Co

"We are honored to welcome Rita, who brings 30 years of real estate and capital raising experience, to the Accord team,” says Co. “At Accord, we believe that our global perspective sets us apart.

"We have a deep history of working with sponsors throughout the world and a vast network of international capital partners, and we believe that cultural awareness is one of our competitive advantages.

Tricia Peterson

"Rita’s depth of expertise, combined with her keen perspective, will play a key role in positioning us to further these global efforts." 

Investment growth in Asia Pacific real estate continues to surge, with volumes up 20% year-on-year in the first quarter of 2022. According to data and analysis published in the JLL Capital Tracker Q1 2022, $40.8 billion of capital was deployed via direct real estate investment into the region throughout the quarter.

 Additionally, Asian outbound commercial real estate investment surged 69% year-on-year in 2021 to $54.6 billion, surpassing 2019’s pre-pandemic volume, according to data from CBRE


Rosalie Manansala

“I am thrilled to be joining the Accord team to bring broad Asia coverage and support Dr. Kee Rhee, Accord’s Senior Advisor, with Korean market outreach,” says Ling.

“I look forward to working with investors in Asia to support their global real estate investment needs, as well as finding capital solutions for real estate sponsors in this strong growth region.”  

In addition to the team’s growth, the firm has also expanded its corporate partnerships to include DOT Capital Advisors, according to Tricia Peterson, Managing Partner at Accord.  

Led by Rosalie Manansala, DOT Capital Advisors is a multifaceted commercial real estate financial services advisory group.

Focused on social impact, workforce housing, and mission-driven strategies, DOT provides general partners and emerging manager programs with a range of solutions, emphasizing impact investing and purposeful business strategies. 

“This opportunity to partner with Rosalie and the team at DOT Capital Advisors will support Accord’s outreach to family offices, RIAs and other investors in the United States,” says Peterson.

 “We pride ourselves on partnering with like-minded organizations that are committed to ESG initiatives, innovative solutions, and integrity.” 

 Contacts:

 Anthea Davis / Lexi Astfalk   

The Smart Agency, Inc.   

(949) 438-6262   

andavis@thesmartagency.com 

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