Joseph Chang is a Partner – Real Estate with a Promus division of Waverly Advisors, joining in November 2025 following Waverly’s acquisition of select Promus business lines. Joeseph serves as a co-manager of the firm’s overall real estate platform and as a portfolio manager for Promus Realty, which manages the firm’s real estate fund strategies. Joeseph has over 30 years of real estate development and investment experience. Prior to Promus he was a partner at RDG Funds for four years. Prior to RDG, Joeseph founded and ran Icon Real Estate, a development and investment firm specializing in retail, medical, office, multifamily, land, and urban mixed-use investments. Before Icon, he served as the regional director of real estate development at RREEF, the senior vice president of development at ORIX Real Estate Equities, Inc. and the director of acquisitions at Lend Lease. Joseph earned his B.S.E in industrial engineering and a M.S. in real estate from the University of Wisconsin, Madison.
In his spare time, Joe enjoys the outdoors, reading and spending time with his wife and children. He is active in several trade and faith-based organizations and is a member of the University of Wisconsin Real Estate Alumni Association, where he volunteers as a mentor to recent graduates and young professionals.
With the addition of our Promus team, Waverly Advisors gains expanded expertise in private equity and real estate opportunities. This expansion strengthens Waverly’s platform for ultra-high-net-worth families and institutions, while maintaining Promus’ core values of stewardship, integrity, and long-term relationship focus.