Pennrose Names Development Director for Ohio Region
Geoff Milz has joined Pennrose as director of development for the Ohio region. He will lead the execution and growth of the firm’s development pipeline within the region and manage all aspects of the real estate development process from initial concept through construction and stabilized occupancy.
Most recently, Milz served Colerain Township, Ohio, as the township administrator, assistant township administrator, and planning director. He also served as the development manager for Covington, Kentucky, and senior planner for Cayuga County, New York.
Pennrose’s notable developments in the region include John Arthur Flats, Cincinnati’s newest LGBTQ+-friendly affordable housing for seniors, and HaNoBe at Linden Square, a new 171-unit mixed-use, lifestyle community in the College Hill neighborhood of Cincinnati.
The NRP Group Moves to Expand in Tennessee
Grace Evans has been named vice president of development in Nashville for The NRP Group, a leading developer, builder, and manager of multifamily housing.
The firm continues to expand its footprint across the Southeast, with a current pipeline of approximately 2,200 market-rate and affordable housing residences underway. In her new role, Evans will be responsible for originating, leading, and managing all aspects of suburban and urban affordable multifamily development in Greater Nashville, leveraging her previous finance and development experience.
Prior to joining NRP, Evans served as an associate at Elmington Capital Group, where she was responsible for conducting the due diligence, underwriting, and financing processes for affordable multifamily properties using 4% and 9% low-income housing tax credits (LIHTCs). Earlier, Evans worked for nearly four years at Goldman Sachs as a realty management analyst responsible for pricing a global portfolio of real estate acquisitions and subsequent asset management.
Overland Property Group Names Development VP
Ryan Zent has been appointed to lead Overland Property Group’s expanding development division.
He joins the company after working at The Michaels Organization from 2016 to 2021, where he was responsible for establishing and building the company’s portfolio in the Western region, specifically focused on expansion efforts in Colorado and Texas. At The Michaels Organization, Zent oversaw the development or rehabilitation of over $200 million of affordable housing projects utilizing both 4% and 9% LIHTCs.
The move allows Overland managing partners Matt Gillam and Pat Beatty to focus more on strategic planning and the long-term company vision.
Additionally, Amanda Klaus will be promoted to development manager, assisting Zent in managing and overseeing the development team. Prior to joining OPG, Klaus was a paralegal for the Illig Family Enterprise Co. in Leawood, Kansas, and was in the real estate development practice group at Polsinelli in Kansas City, Missouri.
Earlier this year, Overland opened an office in downtown Denver to add to its two locations in Kansas. OPG’s 20 years of company history has resulted in $850 million worth of development projects across luxury, market-rate, and affordable housing projects, more than 4,000 apartment homes across six states, and a growing 18-person team located across the country.
Beacon Communities Announces HR Hires
Beacon Communities, an industry leader in affordable, market, and mixed-income property development, has hired two new members for its human resources team: Fritz Cope as director, total rewards, and Shaun McPartland as director, talent acquisition.
Prior to joining the Beacon team, Cope was senior manager, rewards and technology, at Wheelabrator Technologies for over four years. He brings over 25 years of human resource experience across fintech, energy, biotech, and manufacturing to his role at Beacon, where he will design, develop, and implement a total rewards strategy with the aim of attracting and retaining a diverse and skilled workforce, and will continuously assess Beacon’s benefits programs for competitiveness, innovation, and compliance.
McPartland joins Beacon most recently from the Pyramid Hotel Group, where he served as corporate director of talent acquisition for nearly 17 years. In his new role, he will be a human resource leader and subject matter expert, building strong relationships with hiring managers and establishing the use of best practices to ensure Beacon identifies and hires the best talent available.
Boston-based Beacon Communities is a privately owned real estate firm that develops, acquires, invests in, and manages a wide range of multifamily housing.
Mark Dean Joins NewPoint Real Estate Capital
Industry veteran Mark Dean has been tapped to serve as head of affordable production at NewPoint Real Estate Capital, where he will be responsible for expanding the firm’s growing affordable housing platform and providing owners and developers with a suite of agency, Federal Housing Administration (FHA), and proprietary lending solutions for the creation and preservation of affordable housing nationwide.
Dean has nearly 40 years of experience providing investment and mortgage banking services to real estate firms, spending the bulk of his career at affordable specialist Citi Community Capital (formerly Newman & Associates), where he retired in 2020 after 22 years of serving as managing director and head of production. During Dean’s tenure, Citi Community Capital grew to become the largest affordable housing lender in the nation, closing $7 billion in lending volume in 2020. Prior to Citi, he served in various positions at U.S. Bank, including running the Western region public finance group.
In 2021, Dean completed a two-cyclist, 3,611-mile transcontinental bicycle tour from the Puget Sound to the Chesapeake Bay that raised $15,000 for homeless veterans.
“Reentering the affordable housing space was not a decision I made lightly—it took an opportunity where it was clear that I could make a significant difference connecting developers with new, innovative ways to support their portfolios and the communities they serve,” Dean said.
Capital One Names VP for FHA Production
Mark Dellonte has joined Capital One’s commercial real estate team as vice president for FHA production. As the head of the company’s FHA platform, he will be responsible for expanding the team, developing new products and processes, and partnering across Capital One to source new loan volume.
Prior to joining Capital One, Dellonte worked for Berkadia Commercial Mortgage as a senior managing director, where he was responsible for the formation and leadership of the Milwaukee production office, with a focus on the greater Midwest. Before joining Berkadia, Dellonte was president and CEO of Love Funding Corp. for more than a decade. Under his purview, the company became one of the top 10 FHA lenders in the country, closing over 600 loans and growing the servicing portfolio from $700 million to nearly $4 billion.
Squire Patton Boggs Announces Partner
Robert Radigan has joined the Squire Patton Boggs law firm as a partner in the public and infrastructure finance practice in New York. He has extensive experience in public financing projects, acting for a wide range of organizations including housing authorities, governmental issuers, and nonprofits such as hospitals, universities, schools, and cultural facilities.
Radigan joins from Hawkins Delafield & Wood, where he was an associate in the tax department.