Joseph Yiu is the Managing Principal of ElmTree Funds, LLC and serves on the Fund’s Investment Committee. As Managing Principal, Mr. Yiu oversees all facets of the business including marketing, strategy, acquisitions, dispositions, research, and fund raising. Providing key expertise in the Fund’s acquisitions, Mr. Yiu spends most of his time branding ElmTree’s National Built-to-Suit Program to regional developers, Tenant Representatives, and Fortune 500 corporations. Mr. Yiu has over 14 years of real estate experience and has acquired, advised, and financed over $4.0 billion dollars of single tenant properties. Previously, Mr. Yiu was the Chief Investment Officer of Equity Capital Management (“ECM”), a real estate private equity fund investing in net lease properties. Yiu was instrumental in ECM’s initial public offering (ECM Realty Trust) in 2011 and subsequently sold the portfolio to Realty Income Trust (“O”) for $550 million. As Co-Founder and Managing Director of The Norseman Group, a mezzanine lender in the single tenant marketplace, Yiu financed and advised on over $1.5 billion dollars of net lease properties.
Yiu is currently a member of the Penn Club of NY, Zell-Lurie Real Estate Center, Zell-Lurie Real Estate Mentor Program, International Council of Shopping Centers (ICSC), NAIOP’s E-Commerce Forum, and Advisory Council for Marcus & Millichap’s Institutional Property Advisor’s Division. In 2002, Mr. Yiu published the “The Irony in Investing in Tenant Improvements in Leased Space” in the Journal of Corporate Real Estate; and again in 2004, he published “Single Tenant Net Lease Guidelines” in Briefings in Real Estate Finance. In 2013, Mr. Yiu was featured in Real Estate Forum as one of the top 45 under 40 in the industry.
Mr. Yiu holds a BS in Real Estate and Finance from The Wharton School at the University of Pennsylvania.