LIHTC Developer Names Partner
Andy Schryver has been named a partner at South Creek Development, where he will evaluate new development opportunities and assist with closings.
Prior to joining South Creek, Schryver served as director of development at Humanities Foundation, a nonprofit affordable housing developer based in Charleston, S.C. He has more than 14 years of real estate acquisition and financing experience, including over seven years in the low-income housing tax credit (LIHTC) industry.
Founded in 2017, South Creek Development focuses on creating affordable communities in North Carolina, South Carolina, and Virginia. The company is headquartered in Greensboro, N.C., and is an affiliate of Hill Tide Partners.
Hunt Capital Adds UrbanView Platform
Rachel Diller has joined Hunt Capital Holdings as senior managing director and head of private real estate equity strategies, bringing over her UrbanView Capital platform.
In this newly created role, Diller will focus on building Hunt’s private real estate equity investment business. She will be based in the firm’s New York headquarters
Senior vice president Michael Saadine also joins the company from UrbanView.
Diller founded and was managing partner of UrbanView Capital, a specialist fund manager dedicated to sustainable real estate investing. The firm’s investment strategy targets U.S. urban markets where shifting demographic and economic trends create opportunities to drive inclusive growth and outsized returns.
Before founding UrbanView, Diller was a managing director at Goldman Sachs in the firm’s Urban Investment Group. There, Diller was responsible for the group’s national lending and investing program, deploying capital into public-private financed projects worth over $1.5 billion.
She was part of the Hunt team in 2008 when it was known as Centerline Capital Group. She led the affordable housing lending businesses and was responsible for financing over $1 billion of commercial real estate in 18 states. Diller began her career as a New York City Urban Fellow, developing transitional housing projects for New York City’s Department of Homeless Services, where she was the director of facility planning and development.
Cinnaire Appoints VP of Policy, Research, and Advocacy
Chris Neary has joined Cinnaire as vice president, policy, research, and advocacy, in the company’s Wilmington, Del., office.
He is responsible for the development, management, and execution of Cinnaire’s public policy agenda as well as the coordination of Cinnaire’s work on policy matters at the state and national levels.
Neary previously worked as an economic policy adviser for Sen. Jeanne Shaheen. In this role, he was responsible for identifying policy opportunities and building support for policies that create economic opportunity and support small businesses. He’s also served as policy director for the Senate Committee on Small Business and Entrepreneurship Based in Rancho Cucamonga, Calif., National CORE is one of the nation’s largest nonprofit developers of affordable housing. It manages nearly 9,000 affordable, senior, and market-rate units in Arkansas, California, Florida, and Texas.
Headquartered in Lansing, Mich., Cinnaire is a nonprofit Community Development Financial Institution that provides creative loans, investments, and development services to support community development. It has supported 717 housing developments, provided 47,000 affordable apartment homes, and created or retained more than 65,000 jobs.
National CORE Names VP of Asset Management
Patricia Whitaker has joined the leadership team at National Community Renaissance (National CORE) as vice president of asset management, bringing more than 30 years of affordable housing industry experience.
She has spent the past nine years as president and CEO of Innovative Housing Opportunities, where she increased corporate real estate ownership 300% within five years, crediting her staffing strategy for enhancing the firm’s capacity and increasing productivity.
Whitaker also served as executive vice president and COO of Abode Communities in Los Angeles and executive director of the community development agency in Santa Ana, Calif.
Based in Rancho Cucamonga, Calif., National CORE is one of the nation’s largest nonprofit developers of affordable housing. It manages nearly 9,000 affordable, senior, and market-rate units in Arkansas, California, Florida, and Texas.
EAH Housing Announces Hires, Promotion
EAH Housing has named Denice Wint as the director of real estate development and Josh Romoff as the director of new business for real estate management.
The affordable housing developer and owner also promoted regional manager Jon Pasion to director of real estate management in Hawaii.
In her new role, Wint is responsible for supervising project managers, executing development deals, and facilitating relationships with local financial and government partners. She manages activities during the predevelopment, development, initial or construction closing, construction, and final closing stages.
Previously, Wint was the director of projects and services at Innovative Housing Opportunities, where she oversaw real estate and community development projects as well as enhanced services programs. She has also worked for the Los Angeles Housing Partnership and Abode Communities.
Romoff is responsible for the expansion of the real estate management portfolio at EAH. His role is to partner with owners, developers, and associations to professionally manage, develop, and preserve more affordable housing communities. He will act as the liaison with boards of directors, owners, government staff, and other EAH partners for third-party management, and will direct all aspects of client services, negotiations, and relationship management.
Previously, he was the director and vice president of sales at several property management platform companies, including On-Site.com, Screening Reports, and Information Tycoon.
Pasion is responsible for EAH’s real estate management portfolio in Hawaii. He leads a team of property supervisors and resident managers throughout the islands and is responsible for property management, budgets, staffing, training, compliance, and business development support.
Pasion joined the organization in 1999 and has more than 20 years of property management experience in the state.
EAH develops low-income multifamily housing and manages more than 110 properties in 55 municipalities in California and Hawaii.
CPP Adds Senior Project Manager
John Fraser has joined Community Preservation Partners (CPP) as senior project manager. He’ll be based out of the firm’s new office in Reston, Va.
Fraser comes to CPP from The Community Builders in Boston, where he served as senior project manager of development, leading several mixed-income, mixed-use, and mixed-finance development projects. He brings extensive knowledge in working with state and local governments to source LIHTCs.
Since launching its Eastern division a year ago, CPP has acquired affordable housing communities in Richmond, Va., and Rochester, N.Y., and began comprehensive improvements at each site.
A dozen years after being created as the development arm of WNC, CPP recently surpassed the $1.5 billion investment mark nationwide. The developer and rehabilitation specialist has more than 7,200 units in eight states.
Community Access Names CEO
Cal Hedigan will become CEO of Community Access, a New York City nonprofit that provides supportive housing, training, and healing-focused services to people living with mental health concerns.
She has served as deputy CEO since 2011 and has been with the organization in an executive capacity for 20 years. She will succeed retiring CEO Steve Coe, effective July 1.
Hedigan joined Community Access as director of policy and program evaluation in 1999. She’s also held the roles of director of corporate compliance and COO. Prior to her tenure with Community Access, she spent nine years in a variety of direct service and management roles at the Bowery Residents’ Committee in New York.
Community Access has established a goal to develop at least 1,000 additional units of affordable and supportive housing, and already has more than half of these units under construction and in the pipeline. Under Hedigan’s leadership, the agency plans to continue to invest in workforce development, infrastructure, and services that further its mission and five core values: human rights, peer expertise, self-determination, harm reduction, and healing and recovery.
Red Capital Group Opens L.A. Office
RED Mortgage Capital has expanded its national presence by opening a Los Angeles office and hiring Jim McArthur as director—multifamily originations.
Before coming to RED, McArthur was a senior vice president at Jones Lang LaSalle. He spent the bulk of his career at Freddie Mac in the Chicago and Los Angeles offices, where he held positions as associate director in both the underwriting and loan production departments.
He will lead the new office, which bolsters RED’s presence in the West. The company has had a long-standing office in San Diego as well as in Newport Beach, Calif. It opened a San Francisco office last October.
VHFA Names Managing Director of Community Development
Seth Leonard has joined the Vermont Housing Finance Agency (VHFA) in the newly created position of managing director of community development.
Leonard joins VHFA from the U.S. Department of Agriculture’s Office of Rural Development, where he served as housing program director for Vermont and New Hampshire. Prior to that, he worked at VHFA for four years as homeownership outreach coordinator.
In his new role, Leonard will oversee the agency’s rental housing development and management activities as well as supporting executive director Maura Collins in government and community relations and the development of new initiatives.
Until recently, Leonard served as the mayor of Winooski, Vt., for four years. During his tenure, Leonard was a strong advocate for affordable housing, and Winooski saw many reforms to encourage new development, including revising the Winooski Municipal Master Plan and zoning codes.
VHFA is a nonprofit agency created in 1974 by the Vermont Legislature to finance and promote affordable housing opportunities for low- and moderate-income Vermonters. Since its inception, the agency has helped approximately 29,000 Vermont households with affordable mortgages and financed the development of approximately 8,800 affordable rental apartments.
Dominium Adds to Team
Dominium, a Minneapolis-based leading apartment owner, developer, and manager, has several new hires.
Leah Battin has joined the company as a project assistant. She is mainly responsible for organizing and managing the administrative needs of the development team, including secretarial, general business, and personal administrative support duties for senior and mid-level executives.
Battin previously held a position as a client services coordinator for Cushman & Wakefield.
Nick Gonion has joined the company as a corporate analyst. He is working with the corporate services department to execute team goals and objectives. In addition, he is responsible for preparing advanced discounted cash flow models incorporating partners’ after-tax position of future refinance or sale transactions. Gonion will also be working on detailed reports on the property holdings of the enterprise as well as assisting with the execution and maintenance of estate planning strategies for owners.
Before Dominium, Gonion was a research intern for Cushman & Wakefield and a content specialist for SportsEngine.
Robert Liebelt has been named an architectural technician. In this new role, he is working with the architectural team on numerous projects and is mainly responsible for creating efficient and cost-effective production drawings and assisting in coordinating project information and timelines.Robert Liebelt has been named an architectural technician. In this new role, he is working with the architectural team on numerous projects and is mainly responsible for creating efficient and cost-effective production drawings and assisting in coordinating project information and timelines.
Before Dominium, Liebelt was introduced to architecture while managing various architecture-related departments at Menards.
Michael Gonzales has joined Dominium as an IT connectivity services manager. He is responsible for managing and coordinating the delivery of Dominium’s IT connectivity services such as telecommunications, internet, and building monitoring.
Before Dominium, Gonzales spent over 30 years in large institutions covering data management, risk management, financial management, and contract management.
Babette Gunderson has been named a construction assistant. She is working with the construction and architectural services team on numerous projects and is mainly responsible for providing administrative support to her team.
Before Dominium, Gunderson was a field operations administrator for a large specialty construction company.