Jason Lacey

Prana Investments

Prana Investments specializes in acquiring underperforming multi-family properties in New York City, Los Angeles, and San Francisco. Prana's extensive experience in this niche segment of the multi-family market and it's consistently successful asset management strategies have made Prana a leading investor in multifamily properties. Prana has acquired over 650 properties in the three markets and has maintained the same strict and focused acquisition strategy since its inception. The company began property acquisitions in 1982. In 1988, Prana began managing private-equity funds to capitalize its acquisition activities, acting as general partner in 26 completed funds that have produced high risk-adjusted net returns for investors. All of the investors in Prana's funds are accredited. Because it has been investing in the same regions for over 30 years, Prana has deep local market knowledge of specific communities within the metropolitan areas of New York City, Los Angeles, and San Francisco. The company has offices in each of these cities.