While some companies have struggled throughout the pandemic, Asana Partners, a private equity platform headquartered in Charlotte, has weathered the storm.
"I think that our portfolio has fared relatively well from an operating results point of view," Terry Brown, managing partner of Asana, told listeners on a recent CBRE podcast. "We've been pretty much right on top of the results reported by some of the higher quality public companies in the space."
Over the past six years, Asana has invested in roughly 30 mixed-use projects in 13 states across the country. Brown says the company's results varied across locations and neighborhoods. While the CBD struggled, many properties near urban areas held their own.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
