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2025 Connect Money Next Gen Alternative Investment Awards

National

Sabrina Unger: Shaping Institutional Real Estate Strategy with Data, Insight and Vision 

Company: 

American Realty Advisors

Sabrina Unger serves as Managing Director, Head of Research and Strategy at American Realty Advisors (ARA), where she leads the firm’s research initiatives and works closely with investment and portfolio-management teams to underpin new acquisitions and strategic implementation. She also sits on ARA’s Investment Committee. 

Before joining ARA, Unger was part of the global research team at Invesco Real Estate, contributing to global portfolio strategies and authoring influential thought leadership papers. She also held roles at Clarion Partners and in the real estate division of a major sports-entertainment company. 

Unger’s credentials extend beyond deal decks. Over her more than 14-year career, she has published widely in the research publications of AFIRE, NCREIF, and ANREV. She contributed on the editorial boards of major real estate journals and is currently incoming chair of the research forum at the Urban Land Institute (ULI). 

She is receiving the Connect Money Next Generation Alternative Investment Award for her exceptional ability to combine data-driven research, macroeconomic insight, and strategic underwriting to guide institutional real estate allocations through volatile markets.  

Her work, including public commentary, educational outreach, and analytical leadership, exemplifies the next generation of real estate investment professionals committed not only to returns, but to intellectual rigor and long-term investment stewardship. 

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Inside The Story

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.