GreenOak Real Estate

GreenOak is a partner owned, real estate focused principal investing firm that seeks to create long term value for its investors and clients.

Real Estate Specialization
Multifamily
Office
Hotels
Investment Type
JV partnership
Acquisition/Fee Simple
Investment Style
Core
Development
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Chief Operating Officer

Andrew Yoon

Andrew is the Chief Operating Officer and a Partner of GreenOak. Andrew has been with GreenOak since inception in 2010 and is based in Los Angeles. He sits on the investment committee for GreenOak and its investment funds. Prior to joining GreenOak, he was a Managing Director and COO and CFO for Morgan Stanley Real Estate Investing (MSREI) in Asia. He served as CFO for MSREI Asia since 2004 and as COO since 2007 overseeing assets under management of over $20 billion until his departure in 2010. As CFO, Andrew was responsible in managing over $15 billion in debt financings across a variety of asset classes and operating companies. Prior to Morgan Stanley, Andrew worked as an investment banker in leveraged finance at Donaldson, Lufkin & Jenrette/Credit Suisse and as an analyst at Raleigh Enterprises, a private real estate company based in Los Angeles. Andrew holds a Bachelor of Arts degree from the University of California at Los Angeles and a Masters in Business Administration from The Wharton School, University of Pennsylvania.

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Partner & Head of US Business

Chris Niehaus

Chris Niehaus is a Partner of GreenOak and member of the Investment Committee. Chris has responsibility for the US investment and advisory business. GreenOak US Fund I has invested $235 million in approximately $1 billion of assets in its five gateway cities between 2011 and the second quarter of 2013. Chris was previously Vice Chairman of Morgan Stanley Real Estate Investment Banking from 2006 to 2008 as well as the Portfolio Manager for Morgan Stanley Real Estate Fund VI International from 2009 to 2010, leading the restructuring and stabilization of the second largest real estate private equity fund, which had over $33 billion of assets in 71 investments in over 20 countries. Chris joined Morgan Stanley in 1981 and during his tenure, helped build and run one of the leading global real estate banking, lending and investing businesses. He became Co-Head of Global Real Estate Investment Banking in 1994 and Vice Chairman of Investment Banking in 2006. Morgan Stanley was the number one global real estate M&A advisor over the 1995 to 2010 period. While at Morgan Stanley, Chris was also an Investment Committee member for the Morgan Stanley Real Estate and Special Situations Funds from 1994 to 2010. Chris led US acquisitions with total invested equity of approximately $900 million and served as Lead Director or Board Member of a number of MSREI investment companies. Chris is a Trustee and member of the Executive Committee of the International Council of Shopping Centers since 1995 and a full member of the Urban Land Institute for over 20 years. He is a summa cum laude graduate of Dartmouth College, where he chairs the Real Estate Advisory Council and serves on the Presidential Leadership Council. He received his MBA from Harvard Business School in 1985. Chris serves on the board of Student Sponsor Partners of New York City, as well as several other community organizations.

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Founder

Sonny Kalsi

Sonny Kalsi is a Founder and Partner of GreenOak. Sonny is based in New York and has overall responsibility for GreenOak’s US business. He is a member of the global executive team and sits on all investment committees. Sonny was previously the Global Co-Head of Morgan Stanley’s Real Estate Investing business and President of the Morgan Stanley Real Estate Funds until his departure in 2009. At its peak, MSREI platform had approximately $100 billion of assets under management in 33 countries, with more than 1,000 full time professionals. Prior to managing MSREI globally, Sonny was based in Asia where, beginning in late 1997 and through his tenure into 2006, Sonny and his team led the formation of Morgan Stanley’s property business in Asia and built the leading real estate platform in the region. This platform included operations in Japan, China, India, South Korea, Australia, Hong Kong and Singapore, with more than $40 billion of assets under management. Sonny also has lived and worked in Los Angeles, London and Sydney/Melbourne. Sonny has served on the boards of a number of the MSREI portfolio companies and has been cited in several publications for his profile in the real estate industry, including Private Equity Real Estate magazine as one of the “30 Most Influential” people in private equity real estate globally. Sonny is a graduate of Georgetown University with a degree in Business Administration and is a member of the Board of Regents of Georgetown University. He is a Trustee of the Asia Society, Trustee of the Spence School, Board member of the Jorge Posada Foundation and a member of the Young Presidents Organization. Sonny is also an Adjunct Professor at Columbia University in the Master’s of Real Estate Program.

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Head of Capital Formation & IR

Julie Wong

Julie Wong is responsible for global fundraising and investor relations for GreenOak. Since joining the firm in 2010, Julie has overseen the formation and closing of over $500 million of equity commitments for the Firm’s commingled funds and co-investments. She has over 12 years of experience in the real estate industry as an investor, advisor, and operator. Prior to GreenOak, Julie was an Executive Director at Morgan Stanley in the real estate division and played a key role in the formation and fundraising of MSREF VII Global, a $5 billion opportunistic fund and the latest fund in the MSREF series. Following the closing of that fund, she was the deputy portfolio manager focused on all fund level issues involving investments, credit facilities, corporate finance, legal and investor coverage. Julie began her career in real estate in 1997 with Sunterra Resorts focusing on acquisitions and the development of a club system for the portfolio of over 110 properties worldwide. In 2003, Julie joined Morgan Stanley’s Fixed Income division, where she was an associate in the large loan group originating commercial real estate financings. Subsequently, she was an associate in Morgan Stanley’s Real Estate Investment Banking and a Vice President in Morgan Stanley’s Real Estate Investing business focused on principal acquisitions in Brazil, Mexico and the US. Julie graduated from Harvard University with an A.B. degree and Columbia University with a Masters in Business Administration.

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Principal

Lori Biancamano

Lori Biancamano is responsible for finance and fund administration for GreenOak. She has over 11 years experience in both domestic and international real estate financial management. Prior to joining GreenOak in 2010, she was an Executive Director at Morgan Stanley in the real estate division responsible for the global Morgan Stanley Real Estate Funds’ investor, financial and management reporting as well as the strategic technology platform for the group. Prior to joining Morgan Stanley, she was a Vice President in the tax group of Goldman Sachs focusing on investor and fund tax reporting for the Whitehall Funds and a tax consultant at Ernst & Young. Lori is a graduate of Holy Cross College with a degree in Economics and Accounting and the University of Connecticut with a Masters in Business Administration.

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Francesco Ostuni

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Is Associate

Allen Crampton

The Muller Company

Key Focus Areas
Acquisitions Asset Management Individual Investors Institutional Investors
Geographical Area
Mapped Location