Lafayette Square Appoints Onay Payne as Managing Director of Real Estate

Onay Payne, Managing Director of Real Estate at Lafayette Square. PRNewsfoto/Lafayette Square Holding Company
Onay Payne, Managing Director of Real Estate at Lafayette Square. PRNewsfoto/Lafayette Square Holding Company

Lafayette Square Appoints Onay Payne as Managing Director of Real Estate

NEW YORK, March 24, 2022 / PRNewswire/ -- Lafayette Square, an impact investment platform, announced that Onay Payne has been appointed Managing Director of Real Estate. In this newly created role, Payne will oversee the firm’s real estate division, which will utilize long-term capital and coordinated services to support the revitalization of neighborhoods in historically marginalized communities through municipally significant redevelopments as well as the creation and preservation of affordable housing. Payne will also be a part of the
investment committee that will oversee all of Lafayette Square’s broader real estate activities including strategic joint ventures and
inclusive real estate development.

Payne is a real estate veteran with over twenty-five years of industry experience. Prior to joining Lafayette Square, she was an equity partner, Managing Director and Portfolio Manager at Clarion Partners, a real estate investment firm with over $70 billion in assets under management. Over the course of her career at Clarion Partners, which began in 2003, Payne served in multiple investment
roles with oversight of multiple commingled funds and separate accounts invested across all major property types and markets
throughout the United States and Mexico, and also served on the Investment and Career Management Committees. Payne began her
career within the investment banking division at JPMorgan Chase.

“We are thrilled that Onay has joined Lafayette Square to build the third pillar of our impact investment platform,” said Damien Dwin, founder and CEO of Lafayette Square. “Her background melds deep
real estate investment expertise with a passion for creating
positive impact in local communities.”

“I share Damien’s and the Lafayette Square team’s vision
in leveraging an impact-driven investment approach to make
a lasting difference in communities that have historically been
overlooked and undercapitalized,” said Payne. “I’m honored
to join such an innovative platform and help scale our real
estate investment efforts to enact meaningful change in underserved
areas.”

Payne is a recognized leader within the real estate industry, having been selected as a member of Commercial Observer’s 2021 Power Finance 50 list, featured in the Pace Common Ground Campaign for Gender Equality in 2017, inducted into Toigo Foundation’s inaugural “40 Under 40” list in 2013, and featured in Real Estate Forum Magazine’s “Women of Influence 2010.”

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