Joe Wang

Managing Director at City Century

Los Angeles Metropolitan Area

About

Joe is a Managing Director at City Century and founder of Oakridge Capital. Joe provides strategic advice on real estate projects, private equity investments, structured financings, and corporate operations. His clients include domestic and international companies, PE funds and ultra high net-worth family offices. Key Positions: • Executive Director, UHNW Family Office, managing the day-to-day operations of the real estate portfolio. • Managing Director & Project Director at City Century, managing the company’s day-to-day operations, investments and development projects. Led the development of the $1 Billion Olympia mixed-use project located in downtown Los Angeles. • Member of the Real Estate Board of Cottonwood Group, an investment management firm that manages over $2 Billion in committed and deployed capital in the United States. Organized and placed $230mm of B-tranche senior debt. • Senior Vice President & Director of Development at MacFarlane Partners, with $3 Billion in real estate assets. Oversaw day-to-day operations at the Park Fifth project, a luxury high-rise & mid-rise apartment project in downtown Los Angeles. • Managing Director at Fosun Property Holdings, the U.S.-based subsidiary of Fosun Group, one of China's largest private conglomerates with $54 Billion of assets under management worldwide. Managed direct real estate and private equity investments in North America. • Vice President & Project Director at Greenland USA, a U.S.-based subsidiary of Greenland Group, one of China's largest full-service real estate companies. Project Executive for the $1.5 Billion Metropolis development, a mixed-use project located in downtown Los Angeles. • Chief Operating Officer at Mandarina Crown, owner and developer of the $1.5 Billion Mandarin Oriental Taipei project, consisting of a luxury hotel & branded residences & upscale retail shopping mall. • Vice President of Investments & Development at the CIM Group, a real estate private equity firm and developer with over $31 Billion assets owned and managed. Managed urban investments in Los Angeles, Miami Beach and New York City. • Project Manager at K. Hovnanian Homes. Specialized in the acquisition & development of urban infill projects in southern California and supervised a broad range of project specific activities. • Project Manager at Intracorp, a Canadian and U.S. home builder. Oversaw the development of mixed-use condominium projects in the greater Los Angeles market. • Project Planner at Cascadia, a 4,500 acre master planned community located in the Washington State.

Experience

  • Executive Director at Family Office - UHNW (Confidential)
    Jul 2024 - Present · 2 yrs 1 mo

  • Managing Director at City Century
    2019 - Present · 7 yrs 7 mos

    Managing Director (2019 to Present) •Oversee USA real estate & private equity investments •Manage & Oversee Olympia Project •Evaluate potential partners for strategic investment, acquisition and joint ventures •Manage cashflow & budget CEO & Project Director •Oversaw USA development projects •Manage day to day operation for a 3.5 acre mixed-use project with three hi-rise building totaling $1.5 Billion+, a 40 story 312 unit mixed-use project and a 21 story 161 unit project •Oversaw & managed the design development & building permit process for the VARA project, a 21 story, mixed-use project with 161 unit residential project located in downtown LA •Oversaw the redesign & substantial completion approval for the Olympia Project, a 3 tower mixed used development project across from LA Live •Structure back office operations including project staffing & job cost implementation system

  • Real Estate Board Director at Cottonwood Management, LLC
    Jan 2016 - Apr 2020 · 4 yrs 4 mos

    Cottonwood has structured and continue to manage positions in excess of USD $2 Billion as of January 2016, including residential, retail, office, hotel and other alternative strategies and products such as land development, senior housing and resort development.

  • Senior Vice President & Director of Development at MacFarlane Partners
    2016 - 2017 · 1 yr

    •Manage, supervise and provide leadership to the development team & support staff on a two-acre mixed use project in downtown Los Angeles consisting of 660 residential units &15,000 SF retail • Oversees & manage day-to-day operation for the Park 5th project w/ total capitalization at $400mm • Closed and administer senior construction financing, EB5 financing & bridge financing • Oversee West Coast development projects & real estate investments • Evaluate potential targets for strategic investment, acquisition and joint ventures

  • Managing Director - North America at Fosun Property Holdings
    2015 - 2016 · 1 yr

    •Responsible for North America real estate & equity investments for Fosun Group & Fosun Property •Source qualified investments based on Fosun Group’s business strategy and investment focus •Evaluate potential targets for strategic investment, acquisition, joint venture and business development deals and make proposals to the investment team and investment committee •Structure and execute deals, including modeling, due diligence, negotiations and closings •Introduce & coordinate business development opportunities for Fosun business units