Rocky Mountain Communities Announces New Appointment
Denver-based Rocky Mountain Communities (RMC) has hired David Dodge as director of financial planning and analysis.
Dodge manages and creates financial reporting that informs and influences strategic decisions; supports the disposal, acquisition, and development of real estate; and manages the financial performance of RMC’s existing property portfolio to ensure ongoing financial reports are meeting both accounting and tax reporting standards.
Most recently, Dodge was the director of finance and operations at Mile High Ministries. He held that position for eight years.
The organization also announced Laurie Galbraith as the new resident services manager at its largest property, Garden Court, in Denver. The property includes 300 units housing 700 residents.
Rocky Mountain Communities owns more than 1,110 affordable housing units for underserved populations across Colorado and manages an additional 500 units.
Industry Veteran Joins Draper and Kramer
Jeffrey Ross has been named senior vice president and chief underwriter for Federal Housing Administration/Department of Housing and Urban Development (FHA/HUD) financing in Draper and Kramer’s Commercial Finance Group.
A 30-year veteran of the commercial real estate industry, Ross will be responsible for FHA/HUD loans for third-party clients acquiring multifamily, senior housing, and health care properties, as well as Draper and Kramer’s own multifamily acquisitions and developments.
Before joining Draper and Kramer, Ross was senior vice president and chief FHA underwriter for Arbor Realty Trust and director of FHA screening with Wells Fargo Multifamily Capital. Earlier, he was chief operating officer and chief underwriter for Great Lakes Financial Group.
Draper and Kramer has been an FHA-approved lender since 1937 and, through its multifamily portfolio, is also an FHA borrower. Over the past decade, the firm’s Commercial Finance Group has closed more than $3 billion in loans annually, including FHA/HUD and other financing, for the construction, substantial rehabilitation, acquisition, and refinancing of multifamily apartments and senior living communities.
AMC Names Director of Government Affairs
Andrew Kaffes has been appointed senior director of government affairs at AHEPA Affordable Housing Management Company (AMC), a nationwide provider of affordable independent senior living and affordable assisted-living communities. He started with AMC on Oct. 1.
Kaffes joins AMC following 13 years as principal of A.G. Kaffes & Associates, a Washington, D.C.-based government relations and strategic communications consulting firm, of which AMC was a client. At AMC, he is responsible for the development and execution of government relations and public affairs strategies that raise awareness of the company’s public policy agenda with the goal to help AMC meet and grow its mission.
AMC is a subsidiary of AHEPA National Housing Corp. and is based in Fishers, Indiana. AMC has developed and currently manages 92 affordable independent senior living communities administered by HUD’s Section 202 program. AMC, through subsidiary Hellenic Senior Living, also manages four affordable assisted-living communities in Indiana.
Grandbridge Adds Senior Housing Investment Team
Grandbridge Real Estate Capital has announced the addition of a leading senior housing investment sales team to further expand the company’s dedicated Seniors Housing and Healthcare Finance Group.
Based in Tampa, Florida, the team is led by Allen McMurtry, David Kliewer, and Jay Jordan. All were previously with Cushman & Wakefield. The team has exclusively represented sellers of senior housing communities across the U.S. since 1986, spanning over 190 properties sold in 35 states.
The group offers construction, nonrecourse acquisition/bridge loans, and permanent financing options to senior housing owners nationwide.