NEXT Leadership Connection with Philip Payne
***ULI Charlotte NEXT (for ULI members ages 35-45) will host periodic Leadership Connection events where we’ll discuss career paths, industry trends, and lessons learned with leaders from different backgrounds and broad perspectives on the industry. Members in the NEXT category may receive a registration link by emailing email@example.com.
NEXT Charlotte will be hosting periodic Leadership Connection events where we’ll discuss career paths, industry trends, and lessons learned with leaders from different backgrounds and broad perspectives on the industry. ULI NEXT supports the ULI mission by identifying, connecting, and elevating the next generation of leaders for the built environment and ULI globally. The initiative fosters leadership opportunities in ULI, the real estate industry, and beyond. NEXT provides a range of benefits to participants as they develop their leadership skills and build lasting relationships amongst peers, with ULI leadership, and throughout the ULI network.
Our first Leadership Connection features Philip Payne, Ginkgo Residential and the Lotus Campaign. For nearly thirty years, Mr. Payne’s primary focus has been the development, acquisition, rehabilitation and management of middle market (workforce) multifamily housing.
Mr. Payne joined BT Venture, a Charlotte, North Carolina based multifamily operator and predecessor of Ginkgo Residential, in 1990. As BT Venture evolved over the years, Philip has served in various roles including CFO of BT Venture and its successor BNP Residential (an American stock exchange listed real estate investment trust), chairman of BNP Residential; President of Babcock and Brown Residential (a successor to BNP Residential), and now a principal of Ginkgo Residential. Ginkgo Residential was formed in July 2010 and provides property management services for multifamily properties in the southeastern United States and is actively involved in the acquisition and substantial rehabilitation of middle market multifamily properties.
Additional real estate experience includes having served on the board of Ashford Hospitality Trust, a NYSE listed real estate investment trust, for 15 years and as the chairman of its audit committee for 13 years.
Mr. Payne is the ULI Charlotte Chair, a Trustee and Governor of the Urban Land Institute (“ULI”), is a member of ULI’s Responsible Property Investing Council (founding Chairman), a former co-chairman of ULI’s Climate, Land Use and Energy Committee and a former member of the advisory board for ULI’s Center for Sustainability. He holds both a BS and JD degree from the College of William and Mary in Virginia.
Most recently, Philip, together with his wife and two associates, formed The Lotus Campaign, a nonprofit organization that is dedicated to increasing the availability of housing to those experiencing homelessness by engaging the private, for-profit real estate and investment communities.