Key Takeaways
- • Real estate investment veterans Vincent DiSalvo and Michael Gallagher have launched Contrada, a U.S. housing special situations manager.
- • Contrada is anchored by a strategic investment from a multigenerational New York development firm.
- • The firm's flagship U.S. Housing Dislocation Fund is designed to buy distressed residential properties.
Summary
Real estate investment veterans Vincent DiSalvo and Michael Gallagher have launched Contrada, a special situations manager focused on U.S. housing. The firm is anchored by a strategic investment from a multigenerational New York development firm.
Contrada's flagship vehicle, the U.S. Housing Dislocation Fund, will acquire distressed properties. The source material available for this report is limited, so further details on fund size, target returns, investor base, and timing of the first acquisitions were not available.
Contrada's flagship vehicle, the U.S. Housing Dislocation Fund, will acquire distressed properties. The source material available for this report is limited, so further details on fund size, target returns, investor base, and timing of the first acquisitions were not available.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.