Balderrama Becomes Group Head for Alliant Capital

Kathleen Balderrama has assumed her role as group head for Alliant Capital, one of the largest low-income housing tax credit (LIHTC) syndicators in the nation.

Kathleen Balderrama
Kathleen Balderrama

She takes over for Shawn Horwitz, overseeing LIHTC production, acquisitions, and asset management for the Alliant team. Taking the helm after nearly 10 years with the organization, Balderrama has nearly two decades of housing tax credit and affordable housing experience.

Before joining Alliant, Balderrama practiced business litigation, including affordable housing, real estate, and securities litigation at the Mayer Brown and Crowell & Moring law firms. Her practice focused on complex financial cases, such as securities, corporate, partnership, fiduciary disputes, class actions, and intellectual property litigation.

Walker & Dunlop, one of the largest commercial real estate finance and advisory services firms in the United States, acquired Alliant Capital in 2021 and is working to achieve its five-year goal of $60 billion in cumulative affordable housing finance by the end of 2025. The affordable team originated $20.4 billion of affordable and workforce housing financing over the past two years through Federal Housing Administration, Fannie Mae, Freddie Mac, and capital markets sources.

Enterprise Community Development Announces Director of Communications

Tara Dunion will hold a central leadership role at Enterprise Community Development as the new director of communications.

Tara Dunion
Tara Dunion

She will develop and execute communication initiatives and strategies that further the organization’s mission to build, preserve, and operate affordable homes to uplift residents and communities.

Prior to joining Enterprise Community Development, Dunion worked on housing- and technology-related initiatives at AARP, AARP Foundation, Consumer Technology Association, and the Mortgage Bankers Association. Throughout her career, Dunion has implemented strategies that include social media, marketing, crisis communications, branding, PR/media relations, and internal communications. She also has extensive experience promoting events, industry standards, home design challenges, and programs for low-income seniors.

Partner Valuation Advisors Expands in Tulsa

Partner Valuation Advisors, a national commercial real estate valuation advisory firm, has expanded into a new market and appointed two affordable housing leaders as co-heads of the firm’s national affordable multihousing sector practice. Owen “Chip” Ard, MAI, and Andrea Gillman join as managing directors. Both are based in Tulsa, Oklahoma.

Ard recently served as a national head of affordable multihousing for JLL Valuation Advisory and has been actively engaged in real estate valuation and consulting assignments since 1984. He has performed appraisal services consisting of ad valorem tax protests, consulting, litigation support services, market and feasibility studies, reviews, market study analyses, and appraisals in connection with allocation of state and federal tax credits. He specializes in valuation and market studies for use in the Department of Housing and Urban Development (HUD) Multifamily Accelerated Processing (MAP), the federal LIHTC, and various other affordable housing programs.

Gillman, who has been actively involved in valuation and consulting since 2014, most recently served as a national head of the affordable multihousing sector for JLL Valuation Advisory. Her team focused on appraisals and consulting assignments for the valuation of multihousing assets, with a specialization in affordable housing. She also served on the national multihousing leadership team that conducted assignments throughout the United States for a variety of property/program types, including LIHTC, HUD MAP, student housing, conventional apartments, Freddie Mac and Fannie Mae agency debt, market studies, and complex mixed-use developments. Since launching in September 2022, Partner Valuation Advisors has issued over 850 valuations with an aggregate real estate value in excess of $23 billion across 40 states. The Chicago-based firm has grown to 60-plus employees in 22 markets nationally.

Bellwether Enterprise Announces Director of Affordable Housing Analytics

Nora Keane has joined Bellwether Enterprise Real Estate Capital (BWE), a national commercial and multifamily mortgage banking company, as director of affordable housing analytics. Bringing more than 15 years of experience in affordable housing to BWE, she will lead a team that supports the firm’s growing affordable housing platform for transactions with Fannie Mae, Freddie Mac, and private-placement sources.

Nora Keane
Nora Keane

She assumes the role from Kamara Green, who was recently elevated to national director of affordable housing production.

Prior to joining BWE, Keane was the national affordable production manager for agency finance at PNC Real Estate, where she managed a team of analysts and oversaw all aspects of initial loan structuring for Freddie Mac, Fannie Mae, and HUD multifamily affordable housing transactions. Before joining the agency finance group in 2015, Keane spent five years with PNC’s Tax Credit Solutions group, supporting the origination of equity investments and debt financing for LIHTC properties located primarily in Louisiana, New Mexico, and Texas. Earlier Keane was the director of institutional giving at nonprofit housing organization Foundation Communities and a project coordinator at DMA Development Co., both located in Austin, Texas.

Bright Power Announces Leadership Moves

Jeff Perlman, who founded Bright Power 18 years ago and has led the company as CEO since, has announced that Andrea Mancino will become the company’s interim CEO as he moves into a new position, chief strategy officer.

With a decadelong tenure at the company, Mancino has served as the executive vice president of the New York business unit, overseeing operations for all service offerings in the state. Before that, she led the new construction and commissioning divisions, which she co-founded and built from the ground up.

The role of chief strategy officer will allow Perlman to focus on developing innovative approaches to opportunities arising from city, state, and federal initiatives, as well as thought leadership, according to the company, a premier provider of energy and water management services and adviser for real estate owners, investors, and operators.