Tony Barkan is the Founder, Managing Principal, and CEO of Allagash Partners. Prior to founding Allagash, from 2008-2015, Mr. Barkan was one of five Founding Principals and the Head of Commercial Real Estate at Seer Capital Management, an SEC-registered investment management company with $4 billion AUM. Mr. Barkan planned and executed Seer’s LMI workforce housing value-add strategy; developed and ran the second largest global CMBS B-Piece investment businesses, driving transactions on over $20 billion of US CRE properties; and structured and invested into significant Mezzanine Loan exposure. Prior to Seer Capital, from 2001-2008, Mr. Barkan built and ran alternative investment platforms at Clinton, Harbert, and Sailfish managing portfolios with peak investor equity over $1 billion, a peak long asset portfolio over $10 billion, and peak total market exposure of almost $20 billion while leading teams as large as 20 people.
Notably, Mr. Barkan was an early identifier of the real estate-led economic crisis and by the beginning of 2007 had migrated his hedge fund portfolio to be entirely short using real estate-backed credit derivatives . From 1997-2001, Mr. Barkan was a Senior Portfolio Manager and investment committee member at Pareto Partners (originally Forstmann-Leff). Mr. Barkan began his career trading a range of real estate, commodity, and currency products at Salomon Brothers, Goldman Sachs, and ED&F Man Group from 1988-1997 . Mr. Barkan supports Here Arts Center, Scholars at Risk, and CaringKind: The Heart of Alzheimer’s Caregiving. Mr. Barkan graduated from Princeton University where he was selected to the Honor Committee, and he is a member of the Triple Nine Society.
With many headwinds facing the commercial real estate market, the landscape will never be the same. In this panel we will explore how the operators are planning to adapt to the digitization of operations and uncertainty in government eviction policies–while ensuring the health of their tenants.
Speakers: Matthew I. Kramer, Tony Barkan, Nick Rojo, and Lane Lowry
We will be discussing current trends and market conditions in Hospitality, Multi-family, Retail and Office Real Estate with four, esteemed panelists. With us today are Joseph Dematteo – Founder & President of JDM Capital, Tony Barkan – CEO & Co Managing Principal of Allagash Partners, Mike Mangione – Director, Family Office & Advisor Relations for Group RMC USA, and Dr. Bharat Sangani – Chairman of Encore Enterprises.
Speakers: Matt Kiggins, Joseph W. DeMatteo Sr., Tony Barkan, Michael Mangione, and Bharat Sangani, MD
The panel will explore COVID-19’s impact on occupancy rates, rents, valuation, cap rates, and predicting market trends over the next several months.
Speakers: Matthew I. Kramer, Danny Kattan, Tony Barkan, and Nate Kline
No matter what side of a real estate transaction you sit, the impact of US Government intervention in our business seems overwhelming. In some cases, we welcome the help as taxpayer funded liquidity programs has certainly helped to support our fragile economy. Unemployment benefits and PPP loans have enabled many borrowers and tenants to stay current. On the other hand, federal and local governments have imposed eviction and foreclosure moratoriums, and those restrictions have been renewed and remain in full force in a majority of states. Our panel of landlords, lawyers, lenders, and investors will debate their perspectives on the right direction for our country and the economy.
Speakers: Michael D’Onofrio, Bill Bymel, Jack Goldberg, Sheryl Morehead, and Tony Barkan
Tony Barkan, the Founder, CEO and Managing Principal of Allagash Partners, will discuss the state of the US multifamily property markets including the uniquely compelling investment moment that the current economic and market environment is presenting. Mr. Barkan will discuss how residential market fundamentals have led to a greater 6-million unit affordable housing shortage across the US, how rental income and operations have been affected by the Covid-19 pandemic, why returns from this market sector are expected to be outsized with low downside risk for the next 5-10 years, and how both institutional and individual investors can capitalize on the opportunity.
Speakers: Tony Barkan
Since the COVID - 19 crisis broke out, 40 million people became unemployed, businesses have shut down and global central bank have conducted swift and unprecedented monetary support to alleviate conditions brought on by the Pandemic. This panel will discuss in detail what is being seen in the different verticals of real estate and what to expect in the 3rd & 4th quarter with existing assets and special situations on the horizon.
Speakers: Chrystalle Anstett, Joseph W. DeMatteo Sr., Ernest Johnson, Tony Barkan, and Peter Foran
Allagash Partners offers institutional and HNW investors strategies focused on the wealth of opportunities within the US residential real estate market, stemming primarily from the longstanding, massive shortage in affordable working-class rental properties. These investments are currently being offered as both multi-property private equity real estate funds and as single property investments for compelling opportunities that do not fit within any current Fund’s mandate. The strategies are designed to be scalable and to consistently provide 15%+ net returns while also preserving investor’s capital. Allagash, through its subsidiary Allagash Opportunity Zone Partners which is in process of registering both with the SEC as an RIA and with the CDFI Fund at the Department of Treasury as a Community Development Entity, began active investment activities in 2019 with the Allagash Opportunity Zone CRE Fund I. The firm is now launching the Allagash Multifamily Opportunity Fund I, which seeks to opportunistically purchase, intelligently renovate, efficiently manage, and strategically sell underperforming working-class rental housing properties throughout the US. Allagash was founded by Tony Barkan who serves as Managing Principal and CEO and chairs the investment and operations committees. Allagash’s senior partners bring over 100 years of commercial real estate experience with particular expertise in working-class multifamily housing especially in secondary US markets, which Allagash believes can provide investment opportunities with outsized returns and moderate risk. Additionally, Allagash believes that projects which actively seek to provide a positive social impact should generate higher returns while presenting lower risk. As a result, Allagash seeks to work closely with communities into which it invests in order to understand their community development goals and methodologies for improving stability and resiliency.