INVESTING IN DEBT
Debt instruments can be originated and underwritten across the property capital structure and, depending on investor objectives, with profiles that cover the risk/return spectrum, from core and core-plus to value add and opportunistic.
Our Debt Investment Group uses basic market fundamentals and comprehensive debt analytics to critically evaluate each investment opportunity. Building on such research metrics as job growth, demographics and projected rents, the Group leverages Clarion’s nationwide platform for access to deal flow, due diligence, credit analysis and careful underwriting to select investments.
The dedicated Debt Group is focused primarily on investments in mezzanine loans, B-notes and select preferred equity interests.
Head of Debt Investment Group
Debt Investment Group
DREW D. FUNG
Drew D. Fung is a Managing Director and Head of the Debt Investment Group at Clarion Partners. He oversees the firm’s investment activities in various types of commercial real estate debt instruments, including mezzanine loans, B-notes, and select preferred equity interests. Drew has 25 years of real estate experience, including 17 years in the debt sector, with more than $2 billion in debt transactions in all commercial property types. He is a member of the Urban Land and is a frequent speaker at industry events.
New York University – Leonard N. Stern School of Business, M.B.A. (1994)
State University of New York at Albany, B.S. Finance (1987)
Thanh Bui is a Managing Director in Clarion Partners’ Debt Investment Group. She is responsible for the development and implementation of debt programs, and manages the real estate debt investment process including origination and structuring, as well as underwriting and closing. Thanh has 15 years of real estate, capital markets and investment management experience; she joined Clarion Partners in 2012.
University of Michigan, Masters – Urban Planning (1997)
University of Michigan, B.A. – Psychology (1994)