{"id":1004648075,"date":"2023-03-02T10:12:32","date_gmt":"2023-03-02T18:12:32","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004648075"},"modified":"2023-03-02T10:12:34","modified_gmt":"2023-03-02T18:12:34","slug":"women-in-cre-onay-payne","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/women-in-cre-onay-payne\/","title":{"rendered":"Women in CRE: Onay Payne"},"content":{"rendered":"<div id=\"attachment_1004648089\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Onay-Payne-Headshot.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004648089\" data-attachment-id=\"1004648089\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/women-in-cre-onay-payne\/onay-payne-headshot\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Onay-Payne-Headshot.jpg\" data-orig-size=\"1200,900\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Onay Payne Headshot\" data-image-description=\"&lt;p&gt;Onay Payne &lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Onay Payne, Managing Director of Real Estate, Lafayette Square. Image courtesy of Lafayette Square&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Onay-Payne-Headshot.jpg?w=1024\" class=\"wp-image-1004648089 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Onay-Payne-Headshot.jpg?w=300\" alt=\"Onay Payne \" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Onay-Payne-Headshot.jpg 1200w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Onay-Payne-Headshot.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Onay-Payne-Headshot.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Onay-Payne-Headshot.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004648089\" class=\"wp-caption-text\">Onay Payne<\/p><\/div>\n<p>Following 20 years at<strong> Clarion Partners<\/strong>, Onay Payne has made the switch to mission-driven investing.\u00a0<\/p>\n<p>In 2022, she joined <strong>LaFayette Square<\/strong>, an impact investment platform, as its first managing director of real estate real estate. The firm aims to use long-term capital and coordinated services to help revitalize neighborhoods in historically marginalized communities through redevelopment and creation and preservation of affordable housing.<\/p>\n<p>As part of the investment committee, Payne runs all of Lafayette Square\u2019s broader real estate activities, including strategic joint ventures and inclusive real estate development.<\/p>\n<p>At Clarion, Payne held multiple investment roles. She was an equity partner, managing director and portfolio manager and had oversight of multiple funds and investments across the United States and Mexico. Before pursuing her MBA at Harvard Business School, where she was a Robert Toigo Foundation fellow, Payne spent four years within the investment banking division of <strong>J.P. Morgan Chase.<\/strong><\/p>\n<p>\u201cThrough Toigo, I came to understand that real estate investment management was a career alternative that would allow me to bridge my personal and professional interests,\u201d she said.<\/p>\n<p>Payne\u2019s personal interests include investing in her own real estate like her father, who owned several commercial and residential properties when she was growing up in New York. Payne saved up her investment banking bonuses and bought a co-op apartment in Brooklyn, N.Y., when she was 24. She renovated it, lived in it for a year, and later rented it when she went to business school.<\/p>\n<h2>Addressing Gaps<\/h2>\n<p>Payne is passionate about supporting the growth and development of others. \u201cThis inclination towards servant leadership is one of the reasons I\u2019m so energized by the work we\u2019re doing at Lafayette Square,\u201d she said. \u201cWe are focused on deploying capital and services to people and places that have been historically underserved and overlooked.\u201d<\/p>\n<p>There is no one-size-fits-all solution to make CRE more inclusive, Payne noted. Work needs to be done along all parts of the DEI continuum, including nurturing and supporting the talent within organizations so they can rise into leadership positions and increasing the funnel of diverse talent by exposing them to real estate career paths in high school and college and business schools. Firms can also invest time and dollars into talent conduits like Toigo, as well as SEO, Inroads, Project REAP and Project Destined and recruit from a wider pool of schools including community colleges and HBCUs (Historically Black Colleges and Universities).\u00a0<\/p>\n\n\n<blockquote class=\"wp-block-quote has-text-align-right is-style-plain is-layout-flow wp-block-quote-is-layout-flow\">\n<h2 class=\"has-text-align-center is-style-default has-text-color has-medium-font-size wp-block-heading\" id=\"h-no-one-gives-you-anything-for-free-but-i-demonstrated-my-ability-to-add-value-in-a-manner-that-was-consistent-with-organizational-objectives-i-then-had-managers-advocates-and-sponsors-in-my-corner-who-helped-me-be-positioned-for-stretch-and-leadership-assignments\" style=\"color:#00aeab;font-style:italic;font-weight:800;text-transform:none\">\u201cNo one gives you anything for free, but I demonstrated my ability to add value in a manner that was consistent with organizational objectives. I then had managers, advocates and sponsors in my corner who helped me be positioned for stretch and leadership assignments.\u201d<\/h2>\n<\/blockquote>\n\n\n<p><em>Read the March 2023 issue of CPE.<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Lafayette Square\u2019s managing director of real estate is driven by a desire to serve others.<\/p>\n","protected":false},"author":1068,"featured_media":1004648089,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[44033],"tags":[32790],"class_list":["post-1004648075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-executive-profiles","tag-clarion-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Women in CRE: Onay Payne - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/women-in-cre-onay-payne\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Women in CRE: Onay Payne\" \/>\n<meta property=\"og:description\" content=\"Lafayette Square\u2019s managing director of real estate is driven by a desire to serve others.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/women-in-cre-onay-payne\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-02T18:12:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-02T18:12:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Onay-Payne-Headshot.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gail Kalinoski\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/women-in-cre-onay-payne\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/women-in-cre-onay-payne\/\",\"name\":\"Women in CRE: Onay Payne - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/women-in-cre-onay-payne\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/women-in-cre-onay-payne\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Onay-Payne-Headshot.jpg\",\"datePublished\":\"2023-03-02T18:12:32+00:00\",\"dateModified\":\"2023-03-02T18:12:34+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/women-in-cre-onay-payne\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/women-in-cre-onay-payne\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/women-in-cre-onay-payne\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Onay-Payne-Headshot.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Onay-Payne-Headshot.jpg\",\"width\":1200,\"height\":900,\"caption\":\"Onay Payne, Managing Director of Real Estate, Lafayette Square. 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