TCB Names Fund Development Director
Julie Patterson has been appointed director of fund development at Boston-based The Community Builders (TCB), one of America's leading nonprofit developers of mixed-income housing.
She will develop and execute fundraising strategies, implement management systems for donor stewardship, and develop and scale initiatives for individual donors that will benefit TCB communities across 14 states and Washington, D.C.
Patterson has more than 10 years of experience in fundraising and nonprofit administration with Habitat for Humanity, Maternity Care Coalition, and The Newell D. Hale Foundation. She has led multimillion dollar capital campaigns and managed the initial phase and feasibility study of a $15 million campaign to support the development of an area community center.
Patterson is a nonprofit fellow and graduate of Lehigh University in Pennsylvania and holds a master’s degree in political science. She also holds a bachelor’s degree from the University of Connecticut. She is a member of the National Association for Uniformed Services and Women Marine Association as well as a serving member of the U.S. Air Force. As a service member, she worked as a training liaison to various foreign dignitaries and the militaries of Bahrain, United Arab Emirates, and Qatar.
POAH Appoints Mid-Atlantic Leader
Anthony Waddell has been named vice president of real estate development for the mid-Atlantic region for Preservation of Affordable Housing (POAH), a national nonprofit developer and owner of 9,000 affordable homes.
Waddell, former director of public finance for the District of Columbia Housing Finance Agency (DCHFA), will help expand POAH’s efforts in the D.C. area and key mid-Atlantic markets from Pennsylvania to North Carolina.
He will manage the redevelopment of the Barry Farm property in southeast Washington, D.C., part of the District’s New Communities Initiative to transform key neighborhoods by redeveloping public housing and the surrounding area into vibrant mixed-use, mixed-income communities. POAH is co-developer of the Barry Farm initiative with A&R Development.
Waddell worked for DCHFA for 10 years as the director of public finance and has over 15 years of experience in executing complex mixed-use, mixed-income, and mixed-finance urban development projects as both a lender and a developer. Waddell was the chief underwriter and manager of DCHFA’s multifamily mortgage revenue bond program. He helped finance over 7,800 units of mixed-income housing in the District, raising nearly $840 million in debt and over $430 million in equity in the public and private capital markets to finance the new construction and substantial rehabilitation of nearly $1.9 billion in affordable, mixed-income housing.
In the private sector, as a project executive with Urban Atlantic, Waddell led two transformative HOPE VI joint ventures—Albemarle Square in Baltimore and Capitol Quarter in Washington, D.C., which is still under development.
Dominium Hires Associates
Ahmed Abdelhameed and Trevor Martinez have become staff associates at Dominium, a leading apartment development and management company. They will be based in Dominium’s Plymouth, Minn.–based headquarters.
Abdelhameed will assist project partners with new development, acquisition, and financing of multifamily properties. He also will coordinate financing and equity packages while assisting with design and construction processes. Martinez will analyzes the feasibility of affordable housing acquisition and development projects through financial modeling, underwriting, due diligence execution, and community outreach. He will ensure the timely, efficient, and cost-effective execution of these developments through project management, stakeholder communication, and construction administration.
Abdelhameed previously served as a development intern with Dominium. Martinez previously served as a lead consultant at Impact Consulting, with internships at Metro Transit and the Metropolitan Council.
Hunt Boosts Affordable Housing Team
Aaron Wooler and Gabe Seghi have joined Hunt Mortgage Group, a leader in financing conventional and affordable multifamily housing properties.
Wooler has become a director in the firm’s affordable housing group and will focus on sourcing and originating affordable housing loans nationwide. He joins Hunt from Century Housing Corp., where he had been a senior vice president.
He is the third team member hired recently to grow the newly formed West Coast affordable housing team, which is based in Arcadia, Calif.
Seghi has joined the firm’s growing affordable housing/Federal Housing Administration (FHA) group as vice president. Based in Fort Lauderdale, Fla., he will be focused on originating and closing FHA multifamily and senior housing loans nationwide, primarily in the Southeast.
He joins Hunt Mortgage Group from Pillar Finance—a Guggenheim Partners Affiliate, where he was a vice president, agency loan originator.
Other recent additions to the affordable team include John McAlister, managing director, West Coast team leader; Sean Spear, managing director; and Tim Hoppin, director.
Lancaster Pollard Adds to Team
Lancaster Pollard has hired Doug Harper and Casey Moore as managing directors of agency finance and Joe Munhall as director of syndicated credit. All three come from Berkeley Point Capital where they served in similar capacities.
In addition, Martin Kent has been hired as the firm’s new chief credit officer. Kent, most recently the director of multifamily credit/underwriting for Fannie Mae’s senior housing programs, will provide credit oversight for all the firm’s banking activities. Prior to joining Fannie Mae, he spent 18 years in commercial banking, both at PNC Bank and at Bank of America, as a credit officer for various segments of real estate finance.
Harper recently served as a director of senior housing at Berkeley Point. Prior to that, he had been a managing director at Red Capital Group for 10 years.
Moore’s experience includes serving as a principal at Prudential Mortgage Capital Co. and a senior managing director at Red Capital.
Munhall was recently a vice president of originations at Berkeley Point. Prior to that, he served as a vice president of corporate banking at Commerce National Bank.
Lancaster Pollard helps health-care, senior living, and housing providers expand and improve their services by delivering a range of investment banking, mortgage banking, private equity, balance-sheet financing, and mergers and acquisition advisory services.