Retirement Housing Foundation Names President and CEO
Stuart Hartman has been selected to serve as the president and CEO of Retirement Housing Foundation (RHF), effective March 1, 2021. Until then, he will continue to serve as the nonprofit’s senior vice president of operations, acquisitions, and development.
Longtime president and CEO Laverne Joseph will remain in the top post until his retirement on Feb. 28, 2021. In the next three months, Joseph and Hartman will work to prepare for a smooth transition of leadership.
Joseph hired Hartman to be RHF’s regional manager for its Southern California communities in 1990. As the organization grew, so did Hartman’s responsibilities with promotions to assistant director of management, director of housing management, and vice president of housing and health care to his current position of senior vice president of operations with functional oversight of affordable housing, health care operations, acquisitions, and development. He will be RHF’s fourth president and CEO in the organization’s 60-year history.
Founded in 1961, RHF is a national nonprofit organization with a mission to provide a range of housing options and services for older adults, low-income families, and persons with disabilities. It is affiliated with the Council for Health and Human Service Ministries of the United Church of Christ and LeadingAge and its state affiliates, and the California Association of Health Facilities. RHF sponsors and manages 198 communities in 29 states and Washington, D.C., Puerto Rico, and the Virgin Islands.
Mercy Housing Hires Head of Racial Equity, Diversity, and Inclusion
Web Brown has been appointed senior vice president of racial equity, diversity, and inclusion at Mercy Housing. In this newly created position, Brown will oversee the organization’s ongoing commitment to address root causes of racial inequities and support communities to be more equitable and inclusive. He will join Mercy Housing in January.
Brown brings extensive experience to this position. He was director for the Colorado Office of Health Equity at the Colorado Department of Public Health and Environment, where he worked across state government to embed equity considerations into decision making. He participated in drafting an equity, diversity, and inclusion centered executive order signed by Gov. Jared Polis in 2020.
Brown’s previous experience includes 10 years in St. Louis at the Missouri Foundation for Health as a program director. He founded Higher Vision Consulting, spending 11 years working with nonprofits and government agencies to increase their capacity to address issues concerning racial equity, diversity, and inclusion. He served as an adjunct faculty member at Washington University in St. Louis, University of Denver, and Metropolitan State University of Denver, teaching courses in racial equity, social justice, and leadership development.
With nearly 40 years of experience and a presence in 41 states, Mercy Housing provides affordable housing with supportive services to more than 45,000 residents, including families, seniors, veterans, and people with special needs.
Seamons to Join OCCH
Jennifer Seamons will become executive vice president of capital markets at the Ohio Capital Corporation for Housing (OCCH), effective Jan. 1.
She will work with the OCCH team to expand sources of private capital for the nonprofit’s affordable housing and community development initiatives.
Seamons will join OCCH following more than 20 years at KeyBank, serving most recently as senior vice president and national equity acquisitions manager of Key Community Development Corp. She has been responsible for leading acquisition efforts of low-income housing tax credits (LIHTCs), New Markets Tax Credits, and historic tax credits through both direct investment as well as syndicator platforms throughout the bank’s 15-state footprint.
Seamons serves as president of the Affordable Housing Investors Council, board member of NewWest Community Capital, board member of the Boise State University Foundation. and board commissioner of the Boise City/Ada County Housing Authority.
OCCH is a nonprofit financial intermediary based in Columbus, Ohio, that works with private and public developers to create affordable housing opportunities through the LIHTC and Community Development Financial Institutions programs. Since 1989, OCCH has invested more than $5 billion in the construction, rehabilitation, and preservation of over 50,000 units of affordable housing.
CommonBond Names Director of Acquisition and Development
Andrew Babula has been hired to lead the acquisition and development team at CommonBond Communities.
He holds primary responsibility for business development of new real estate development opportunities. He supports his team on project management and due diligence for new projects in Iowa, Minnesota, South Dakota, and Wisconsin.
Prior to joining CommonBond, Babula worked for JLL, UnitedHealth Group, Nolan Properties Group, Target, and as an independent development consultant.
Headquartered in St. Paul, Minnesota, CommonBond is a leading affordable housing developer and operator in the Midwest.
Pennrose Adds to Team
Mack Hancock has been named vice president of operations for Pennrose’s property management company. Hancock, an industry veteran with more than 30 years of experience, will provide property management leadership and oversight for properties in Connecticut, Massachusetts, New Jersey, and Pennsylvania. He is experienced in a wide range of housing programs, including project-based Section 8, LIHTCs, tax-exempt bonds, HOPE VI, Rental Assistance Demonstration, as well as senior and conventional housing.
Hancock recently served as senior vice president for H.J. Russell & Co.’s property management and development divisions.
Kim Moffa has joined Pennrose as vice president of human resources. In this role, she will oversee all human capital initiatives for the organization, including championing employee success and overseeing hiring, onboarding, employee support, and learning and development. Moffa brings more than 30 years of progressive human resources and leadership experience to her role.
Moffa recently served as vice president for The Mackenzie Consulting Group, where she provided human resources consulting services to a number of clients in the health care sector. She also provided human resources leadership and strategy for four hospitals and one home health organization in Trinity Health System’s Mid-Atlantic region as chief human resources officer.
Pennrose is a leading real estate development and property management firm.
Wallick Communities Announces Promotion
Stephanie Hess is being promoted from vice president to senior vice president of senior living operations at Wallick Communities.
Hess will continue leading the company’s growing senior living division, including its senior living team. Her other responsibilities include overseeing lease levels at communities, communities’ budgets, and resident care and programming.
She has over 25 years of long-term health care experience. Her career at Wallick Communities began in 2009 when she served as the executive director at Eaglewood Village, a former Wallick-owned community for seniors. Before returning to Wallick in 2018, Hess was regional vice president at Diversicare and AdCare Health Systems, Ohio.
Wallick Communities serves the affordable housing and senior living markets, and operates five business divisions: development, construction, asset management, affordable housing operations, and senior living operations. With nearly 1,000 associates, the company manages 180 affordable and senior communities across the Midwest, having developed and built more than 400 communities through its history.
Forge Development Names Chief Development Officer
Isis Spinola-Schwartz has been appointed chief development officer at Forge Development Partners.
She will oversee a varied portfolio of essential housing developments in San Francisco, San Diego, and Los Angeles, shepherding them from design and planning to construction and occupancy.
Spinola-Schwartz has more than 15 years of experience in real estate development, land-use planning, and project and development management. Prior to joining Forge Development Partners, she worked for The Reliant Group, managing the planning and construction of affordable housing projects throughout the San Francisco Bay Area.
In addition to her development experience, Spinola-Schwartz sits on the Katerva Cities and Mobility Impact Panel, which helps evaluate and accelerate disruptive sustainable innovations to create a pollution-free society. Earlier in her career, she worked for the United Nation’s Sustainable Urban Planning Offices.
Headquartered in San Francisco, Forge is a development company focused on providing urban solutions for the nationally underserved area of essential housing.
Bright Power Appoints Director
Carmel Pratt has been named director of new construction at Bright Power. She joins the company from The Levy Partnership, where she served as the sustainability director, leading a team performing a variety of sustainability services as well as research and development projects.
In her new role, Pratt manages teams working on ground-up new construction, rehabilitation, and commissioning projects. She also directs long-term strategic planning for the new construction division and helps cultivate client relationships. Additionally, Pratt provides oversight for high-impact, unique projects that require deep experience and technical guidance.
Her division works with project teams to optimize design and building operation, conduct construction phase inspections and performance testing, and comply with relevant programs such as Energy Star, LEED, and Enterprise Green Communities.
Barkan Management Announces President
Daniel Bauman has been appointed president of Barkan Management Co., following the retirement of Bill DiSchino, who led the leading residential property management company as president and CEO for 26 years. DiSchino will remain active with the firm assisting with the transition.
“Daniel brings to Barkan an impressive 30-year history of professional accomplishments,” said Peter Barkan, CEO of The Barkan Cos. “He has the personal style, business acumen, and leadership skills to drive Barkan Management forward. I know that he will make a positive impact on the organization at all levels.”
Bauman was most recently at Bonaventure Property Management Services, where under his leadership, the company grew its portfolio of third-party management properties and exceeded NOI expectations. Before that, he served for five years as president of FirstService Residential DC Metro, a wholly owned subsidiary of a publicly traded nationwide property services company.
Arbor Names Affordable Housing Director
Arthanais Williams has been appointed managing director, affordable housing, at Arbor Realty Trust (NYSE: ABR), a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, single-family rental portfolios, senior housing, health care, and other diverse commercial real estate assets.
Williams is responsible for establishing, developing, and managing Arbor’s multifamily affordable financing platform across the agency and structured product lines, including, but not limited to, tax-exempt bond financing, LIHTCs, Section 8 housing, and Opportunity Zones.
Prior to joining Arbor, Williams served as relationship manager, Targeted Affordable Housing, at Freddie Mac.
Cabretta Capital Announces SVP of Institutional Tax Credit Investments
Cabretta Capital, a specialty finance firm with extensive experience in structured tax equity and tax-advantaged investment strategies, has announced that Peter J. A. Rourk has joined the firm as senior vice president of institutional tax credit investments. He will focus on the development and maintenance of institutional investors looking for opportunities through appropriately sourced tax equity programs.
Prior to joining Cabretta Capital, Rourk was managing director of tax credit investments and an executive leadership member for a leading national tax credit syndicator. During his tenure, he was responsible for the placement of more than $500 million in federal and state tax credits.