LiNC Commercial Realty’s Rose Hasham recently closed a multi-million-dollar portfolio deal of hospitality assets in Nevada that will be converted into affordable housing and multifamily housing units.
Hasham joined the Dallas-based commercial realty firm earlier this year and has since been building her book of business under LiNC founder Najdi Rafaty’s expert mentorship. In her new role, Hasham is responsible for managing and expanding institutional client and family office relations within the hospitality, multifamily, affordable housing and land assets for LiNC across the U.S.
“Joining a rising commercial realty firm like LiNC has been integral to expanding my expertise,” Hasham said. “I believe the affordable housing, adaptive reuse and biotech/life sciences categories, have remarkable potential in the next 5-10 years and will continue to drive capital from both private and public sectors.”
To close her most recent deal, Hasham tapped into her vast professional network. She strategically connected the seller, a private equity hospitality group, with a reputable group that specializes in affordable housing. In the end, the deal was a win-win for both the buyer and the seller.
Hasham says according to a 2021 Harvard housing study, renters in the United States were facing a housing affordability crisis long before the COVID-19 pandemic. Nearly a quarter of renter households were spending more than half of their incomes on rent each month, leaving little income to cover other expenses. This deal will give hundreds of residents in Nevada more options for affordable housing and a better quality of life.
With over eight years of hospitality ownership experience, Hasham is well-versed in the art of closing complex deals. She boasts a master’s degree in business management and serves on the Harvard Business School Club of Dallas board. She also co-leads the real estate SIG for Harvard Alumni in Dallas MSA.
“For me, it’s always about quality over quantity,” she said. “I prefer assets that are recession-resistant, and work to find areas where I can protect my clients from those periodic downturns. I am fortunate to have loyal clients, the best part is leveraging my relationships to facilitate a deal where both parties win- this is priceless advice that Harlan Crow once gave me and is now part of my business ethos”
Throughout her career, Hasham says she has been intentionally selective about who she works with. She finds that the best approach is to be exclusive and direct with her sellers and focus intently on whatever deal she is working on.
Almost 100 percent of the transactions she’s brokered have been off-market properties. This approach continues to yield positive results and Hasham’s current deal flow sits at $330M.
Please contact Rose for invaluable expertise and deals in this space