Weekly Real Estate News
Rafferty Holdings, a New York City-based private investment firm focused on asset management and fintech, announced the appointment of Michael Daly to launch its new investment strategy Rafferty Real Estate.
In his new role, Daly will be responsible for designing the portfolio, evaluating market opportunities, structuring deals, and managing investments. Daly was previously co-president of Gemdale USA, he led acquisitions and large-scale developments in the New York City and Seattle markets. Prior to Gemdale, Daly was chief operating officer at Jonathan Rose Companies and was founder and president of Sterling Glen Communities.
In a statement, the company said it aimed “to strategically expand its investment portfolio into opportunistic real estate, creating a strategy that maximizes returns for its investors while leveraging its broader market expertise.”
