NEW YORK CITY-A trio of residential development veterans has joined forces as Trio Partners with an eye toward capitalizing on current market opportunities. They’re also launching a national multifamily brand, Trio Properties, and cofounder Pamela F. Samuels tells the company expects to be announcing its first deals before 2010 is done.

TRIO Partners aims to focus on repositioning existing multifamily and hospitality projects as well as on developing new ones in key markets along the coasts and in resort areas, and has plans to complete several luxury condominium projects in the Northeast in partnership with financial institutions. “It’s really not enough anymore to just foreclose on assets,” Samuels says. “You need capable operating/development partners.”

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