Weekend Interview: Bulfinch Chief Operating Officer Pamela Yang This series gets into the heads of the decision-makers of CRE, the people shaping the industry by setting investment strategy, workplace design, diversity initiatives and more. Pamela Yang is relatively new to commercial real estate, having spent over 20 years in the investment management industry before joining The Bulfinch Cos. as its first-ever chief operating officer in January 2021. She said her experience running investment teams has made her well-suited to working in CRE. "I have been loving this new arena and would not look back," Yang said. She helps guide daily operations for Bulfinch, a Boston-based owner and developer with nearly $3B in assets. She also works closely with its financial reporting team and with the firm's ownership on corporate strategic planning. Yang previously served as head of charitable asset management at State Street Global Advisors. Before that, she held multiple financial and leadership roles at Harvard University and at PwC, where she began her career. This year, Yang was awarded with GlobeSt's 2022 Women of Influence Award. She is a member of The Boston Economic Club, an organization that focuses on finance and public policy, and is a former chair of the board of CFA Society Boston. The following has been lightly edited for clarity and style. Bisnow: Baron Rothschild once said the “time to buy is when there’s blood in the streets.” Where is the blood today?Yang: In our real estate investment world, valuations for retail and Class-B CBD office assets appear quite distressed, with sentiment and psychology extremely negative. At times this may create opportunity.… Read the full story here. |