Jamboree Hires Business Development Director
Roger S. Kinoshita has been named business development director of Jamboree Housing Corp., an affordable housing developer based in Irvine, Calif.
He will lead the firm’s efforts to establish stronger connections with state and local government officials and agencies, build relationships with market-rate housing and land developers, and acquire development opportunities in urban and suburban locations.
Prior to joining Jamboree, Kinoshita was a senior vice president with NAI Capital’s Investment Property Group and before that was a senior vice president of Grubb & Ellis’ Investment Property Group. He also served as a senior associate with Related Companies of California from 2000 to 2002, where he was responsible for the underwriting, financing, acquisition, and rehabilitation of 2,800 affordable multifamily units valued at $285 million.
Jamboree has $233 million in affordable housing projects in its development pipeline and a $1 billion asset portfolio that includes the development of and/or ownership interest in more than 7,400 homes in more than 75 California communities.
LIHTC Veteran Joins Hudson Housing
Rick Gonzales has joined Hudson Housing Capital as manager of investor sales and services. He is a member of the senior leadership team and is responsible for investor marketing and service of low-income housing tax credit (LIHTC) investments.
Gonzales was formerly the manager of investor sales and services for PNC Tax Credit Capital, where he managed a 10-person team and oversaw multi- and single-investor sales efforts as well as all aspects of investor services. He was responsible for the development and sale of $100 million to $300 million annually in multi-investor LIHTC institutional funds, as well as the development and origination of proprietary investment opportunities.
His prior experience also includes more than 10 years with Wells Fargo, where he was responsible for $150 million to $200 million annually in LIHTC investments and a $1.3 billion portfolio. He led the originations team and originated, underwrote, and closed 40 affordable housing tax credit fund transactions with a total value of more than $600 million.
Gonzales also served several years on the board of governors of the Affordable Housing Investor Council, a national association of investors in affordable housing financed with federal LIHTCs.
He will be based in Hudson Housing Capital’s New York office.
Hunt Hires Director to Lead New Cleveland Office
Daniel A. Eibler has been hired as a director to lead efforts at Hunt Mortgage Group’s new Cleveland office.
Hunt Mortgage Group is a Fannie Mae Delegated Underwriting and Servicing lender, Freddie Mac seller-servicer, Federal Housing Administration (FHA)-approved mortgage provider, and bridge and commercial mortgage-backed securities lender.
Prior to joining Hunt, Eibler was a director at Red Mortgage Capital, where he sourced loans from existing and new client relationships with borrowers and mortgage bankers. Before that he was a vice president at KeyBank Real Estate Capital, a first vice president at Love Funding Corp., and a director at Column Financial.
Designer Joins RDL Architects
Terry White, R.A. and LEED AP, has joined RDL Architects of Shaker Heights, Ohio, as a senior designer.
White brings 20 years of architectural and interior design experience encompassing a wide array of project types. For the past six years, he managed the architectural services group for an international real estate development company with a portfolio of more than 450 properties in the United States and Puerto Rico.
His work has earned him national recognition as a recipient of:
- NAIOP Architectural Design of the Year Award
- National Design Award from the Society of American Registered Architects
- SARA New York Council Design Award of Honor
- John Hay High School Renovation Project: Ohio Historic Preservation Award
Greystone FHA Lending Head to Spearhead Health-Care Lending
Betsy Vartanian, who has overseen Greystone’s FHA platform, will lead the firm’s new specialized group to serve the needs of health-care facility owners seeking financing.
She is a 13-year veteran of the company, which has grown to be the largest FHA multifamily lender.
Mordecai Rosenberg will assume oversight of Greystone's overall FHA business, the role Vartanian previously held. He has served as a managing director, leading one of Greystone's top
origination teams for the past five years, with a focus on FHA lending and taxable and tax-exempt bond transactions for multifamily housing and health-care properties.