Affordable Housing Developers

 

 

GET IN TOUCH:

CONTACT US:

Tel: 347.560.4667

Email: info@silverwaveequities.com

154 Grand Street  4S-18

New York, NY 10013

ABOUT

 

 

Raj S. Inamdar - Co-Founder & Partner

 

Mr. Inamdar is the Founder and C.E.O. of Sorani Finance & Real Estate, which manages a real estate portfolio in the U.S. and India exceeding $500mm of AUM. Sorani is a co-sponsor of Silver Wave Equities LLC, which is developing a $12 million, 25-unit, ~25,000 square foot affordable housing development at 1193 Fulton Avenue, Bronx, NY. An affiliate of Sorani is a co-sponsor of a $7 million, 22-unit, ~16,500 square foot multi-family investment in Hamilton Heights, NY. Previously, Mr. Inamdar was a Partner of Indra Capital Partners (2007-2014), which structured a $300mm mixed-use project in Bangalore, India. He was a Principal at Red Fort Capital (2009-2012), where he led the $500 million capital raise for Red Fort’s Fund II and headed asset management oversight across a portfolio of 20+ projects in India focused on affordable residential worth over $5 billion. He is also the former Chief Investment Officer of the $400 million South Asian Real Estate fund (2007-2009), which focused on affordable residential development. From 2004-2007, Mr. Inamdar was a real estate development executive for Millennium Partners, a U.S.-based developer of mixed-use Four Seasons and Ritz Carlton properties. He began his career as an investment banker with Morgan Stanley’s M&A department in New York. Mr. Inamdar received an M.B.A. from Harvard Business School and an A.B. from Harvard College, from which he graduated Phi Beta Kappa and magna cum laude. Email: raj.inamdar@silverwaveequities.com

John David (JD) Walsh - Co-Founder & Partner


Mr. Walsh is a Senior Director of Sorani Finance & Real Estate focused on U.S. opportunistic value-added investments and residential transactions in global gateway cities. He is the Managing Partner of Equity Standard, a real estate development and investment company with an expertise in mixed-use (e.g., multi-family and retail) value-added transactions in New York City and the Hamptons. An affiliate of Norsalin Real Estate is a co-sponsor with Sorani of Silver Wave Equities LLC, which is developing (1) a $12 million, 25-unit, ~25,000 square foot affordable housing development at 1193 Fulton Avenue, Bronx, NY, and (2) a $7 million, 22-unit, ~16,500 square foot multi-family investment in Hamilton Heights, New York City. Mr. Walsh is also an experienced N.Y.-licensed real estate broker with a track record exceeding 50+ investment and residential sales and leases since 2004. In addition, he is a former scholarship University of Maryland varsity basketball player and founder of a global basketball academy (www.jdbasketball.com) that has conducted clinics in ten countries and instructed over 15,000+ children globally in cooperation with the U.S. Department of State. Mr. Walsh is an interim board member for the SoHo Business Improvement District and an active member of the Real Estate Board of New York (REBNY), Urban Land Institute (ULI), and the University of Maryland’s ‘M’ Club. Mr. Walsh received an M.S. in Real Estate Development from New York University’s Schack Institute of Real Estate, willing the Joan Gordon Scholarship and a B.S. from the University of Maryland, College Park. Email: jd@silverwaveequities.com