Consonance Wealth Management

Consonance Wealth Management

Consonance Wealth Management was established in 2020 by Benjamin C. Singer to manage second-generation family capital originating from a multi-generational real estate and operating business dynasty. The firm operates out of New York and serves as the centralized investment entity for the Singer family, shifting away from an earlier era of fragmented external manager relationships toward a consolidated direct-investment framework. The firm allocates across direct real estate equity, private credit, and select private equity co-investments, with a heavy tilt toward control-oriented transactions where the family can exert operational influence. Real estate holdings concentrate on multifamily and industrial assets in supply-constrained US coastal markets. The credit book focuses on asset-backed and transitional lending situations where traditional bank financing has retracted. Confirmed positions include direct ownership of apartment portfolios in the New York metro area and structured credit facilities to middle-market healthcare services companies. Geographic exposure spans the Northeastern United States, with secondary allocations to South Florida and Southern California. The team operates leanly, leveraging Singer's background at a major institutional real estate platform to source off-market transactions through developer and operator relationships rather than competitive auctions. In May 2024, the firm closed a direct acquisition of a 120-unit multifamily property in Northern New Jersey, continuing its pattern of buying pre-institutionalized assets. The family also maintains a separate philanthropic vehicle focused on educational access, though it is governed independently from the investment office. What structurally differentiates Consonance is its deliberate rejection of the fund-of-funds architecture typical of second-generation family offices. Rather than allocating to external private equity or real estate funds, the firm co-invests alongside operating partners the family has known for decades, taking board seats and negotiating bespoke fee structures on every transaction. This hybrid direct-investment model keeps management costs low and aligns the office with the family's indefinite holding-period mandate.