#United States #Chicago #affordable housing #Sherry Wang #The Vistria Group

The Vistria Group Expands Real Estate Team with Housing Expert Sherry Wang

In a significant move to enhance its affordable housing initiatives, The Vistria Group, LP, a private investment firm headquartered in Chicago and New York, has announced the addition of three experienced professionals to its Real Estate team, among whom is prominent housing expert Sherry Wang. Wang's extensive background in public-private real estate investment positions her as a vital player in the firm’s mission to address the ongoing affordable housing crisis in the United States.

A Leader in Affordable Housing Investment

Sherry Wang, who now serves as a Partner at The Vistria Group, has gained recognition for her innovative solutions to affordable housing challenges. Her previous role as Managing Director and Co-Head of the Urban Investment Group at Goldman Sachs has equipped her with the expertise required to drive impactful investment strategies. During her tenure at Goldman Sachs, Wang led a team that allocated over $10 billion across the country to meet critical community needs, making her a seasoned authority in developing scalable investment solutions.

Margaret Anadu, Senior Partner and co-founder of the Real Estate strategy at Vistria, praised Wang’s track record, noting that her involvement will bolster Vistria’s ability to continue expanding its robust affordable housing portfolio. Anadu emphasized the importance of Wang’s experience in tackling housing affordability, stating, “Sherry is one of the most experienced investors in public-private real estate.”

The Growing Team

In addition to Wang, The Vistria Group has also welcomed James Wreschner and Ruby Shi, who will serve as associates within the Real Estate team. Wreschner brings over a decade of real estate experience from his previous role as Senior Asset Manager at Jonathan Rose Companies. He possesses a strong educational background with a BS in Accounting from Drexel University and an MBA from New York University. On the other hand, Ruby Shi has previously worked as an Asset Management Associate at Brookfield Properties Multifamily LLC and has experience in real estate private equity, asset management, and accounting.

Martin Nesbitt, Co-CEO and Senior Partner at Vistria, expressed enthusiasm regarding the team's latest expansion. He remarked, “Sherry becomes our fourth partner on the Real Estate team, adding to our deep bench of partners who each bring decades of industry expertise.” By integrating professionals with considerable knowledge and operational acumen, Vistria aims to create a powerful strategic foundation for its investment strategies, linking financial success with social responsibility.

The Vistria Group's Vision

The Vistria Group is positioning itself as a leader in the field of private investments, concentrating on areas such as housing, healthcare, and educational services that yield both financial returns and societal benefits. With nearly $16 billion in assets under management, Vistria focuses on partnering with experienced industry leaders to drive transformational growth across essential sectors.

Wang is excited about her new role at Vistria, stating, “Affordable housing has been my life's work, and I am thrilled to join Vistria to help build the country's leading affordable housing investment platform.” This enthusiasm reflects not only her dedication to the cause but also her commitment to collaborating with known industry figures to ensure impactful investing.

Conclusion

As the affordable housing crisis continues to escalate, the need for innovative funding and investment solutions has never been more urgent. With Sherry Wang and her colleagues now onboard, The Vistria Group is well-equipped to tackle these pressing issues head-on, striving towards a future where affordable housing is attainable for all.

For more information about The Vistria Group and its initiatives, please visit vistria.com.