Justin Arasin has joined U.S. Realty Advisors as managing director and head of capital formation and product development, according to a Jan. 9 news release.
Arasin will lead strategic distribution efforts at the $3.9 billion real estate investment and asset management firm. He will be responsible for USRA's client development, investor relations and product development.
"I strongly believe the current environment has created opportunities which the team will be able to build upon given our unique sourcing model, creativity, flexibility and strong credit underwriting skills," Arasin said in the news release.
Arasin has close to 20 years of experience in alternative investment business development. He previously worked at Nuveen as its head of alternative investment distribution for U.S. wealth, which did not include institutional channels, a spokesperson for Nuveen said in an email. His responsibilities were absorbed by his former team members.
"As we launch the raise for our fifth net lease fund and look to expand USRA's product offerings, Justin is a perfect addition to help us reach a wider market and develop products aligned with the needs of wealth advisors and institutional investors," said David Grazioli, a managing partner at USRA, in the release.
Barbara Gunzberg, USRA's office manager, could not be immediately reached for more information.