Enterprise Names N.Y. Market Leader
Judi Kende has joined Enterprise Community Partners as vice president and New York market leader.
As the leader of the New York office, Kende leads a cross-functional team, working with the city, financial institutions, foundations, developers, and other partners to build and preserve affordable homes. Key initiatives will focus on creating and preserving affordable housing; connecting homeless families to safe and stable housing; and ensuring the financial and environmental sustainability of New York’s affordable housing stock, including preparing for impacts of climate change.
Kende recently worked for the Low Income Investment Fund (LIIF), where she led efforts in the Eastern and Central region and was responsible for a $300 million portfolio of investments. She also oversaw LIIF’s $265 million New Markets Tax Credit program.
Shola Olatoye, who recently served as Enterprise’s New York market leader, became CEO of the New York City Housing Authority earlier this year.
Dominium Hires CFO
Tim Allen has been hired as CFO and senior vice president of corporate services at Dominium, a leading affordable housing development and management firm. He will be based in the company’s Plymouth, Minn., headquarters.
Previously, he was CFO for Quest Education and COO and CFO for Pro Staff.
Tax Credit Attorney Joins Ballard Spahr
Molly R. Bryson has become a partner at the Ballard Spahr law firm in Washington, D.C.
She assists major banks and companies with their investments in affordable housing, solar energy, businesses in low-income communities, and historic preservation using tax credits and commercial and subsidized financing.
Bryson previously worked at Nixon Peabody.
Centerline Adds Two Executives
Centerline Capital Group has hired two new executives.
Nick Hoffer has joined as senior vice president and COO. He has more than a decade of real estate finance and investment banking experience and significant expertise in implementing new business and growth strategies in the affordable housing and multifamily finance industry. Before joining Centerline, he was a vice president in the National Housing Group at Raymond James.
Mustafa N. Haque has joined as a vice president and assistant general counsel. He will work for both Centerline and the Hunt Cos. He will be responsible for working closely with the company leadership on legal matters as Centerline expands its platform and grows its businesses. Previously, he was in-house counsel for an asset based lending fund.
Community Preservation Corp. Names CFO
Daniel Brandt has joined the Community Preservation Corp. (CPC) as CFO and executive vice president of risk management.
In this new position, Brandt will bring together the accounting, corporate finance, and credit and risk management departments. CPC is a nonprofit affordable housing lender.
Previously, Brandt worked as executive director at Capstone Advisory Group.
NLIHC Hires Three
The National Low Income Housing Coalition (NLIHC) has announced three additions to its staff.
Paul Kealey has become COO. Most recently, he served as a senior vice president for NeighborWorks America.
Christine Campbell has joined as vice president for field and communications. She comes from the AIDS housing advocacy group Housing Works, where she served as vice president for national advocacy and organizing.
Ellen Errico has become NLIHC’s graphic design and web manager. Her experience includes serving as a graphic designer for the U.S. Senate Printing, Graphics, and Direct Mail Office.
Aries Expands Midwest Presence
Andrea Riegsecker is spearheading Aries Capital’s Midwestern expansion.
An executive vice president at the firm, she will be splitting her time between the Chicago headquarters and a new Peoria, Ill., office.
She will be involved in business development efforts in the central Illinois regions of Peoria, Champaign, and Bloomington-Normal as well as St. Louis, western Indiana, and eastern Iowa. Riegsecker has underwritten $285 million in securitized loans and underwritten and closed $38 million in bank, mezzanine, and equity loansfor all types of commercial properties, including multifamily and seniors housing.