For Stephanie Kinsman, the reward for working long hours as senior vice president of investor relations at Red Stone Equity Partners is when she gets to see completed affordable housing properties with residents.
“People are just happy to be in a nice-quality, lovely place,” she says. “We’re not just doing the work to do it; there’s an angle.”
In her 10 years in the low-income housing tax credit (LIHTC) industry—seven at Red Stone and three at Apollo Housing Capital, now RBC Capital Markets—she’s participated in the origination and syndication of approximately $1.75 billion in tax credit investments.
In her role at Red Stone, Kinsman manages several key proprietary investor relationships and plays an important part in the company’s multi-investor LIHTC product offerings.
“What I am most proud of is the ability to be on the investor side with the investor partners to make the processes quick and efficient and as painless as possible, to bring them into the deals to provide the quality housing needed,” she says.
The 31-year-old has moved quickly through the ranks at Red Stone, starting as an analyst and then receiving four promotions. To continue to gain exposure in the company, she moved in January from Red Stone’s Cleveland office to its New York City location.
“We’re always looking to hire hardworking, self-starting extroverts; we also look for innovators. Stephanie possesses all of these traits,” says Ryan Sfreddo, managing director, investor relations, at Red Stone.