Green National Boosts Team

Andrew Bailey
Andrew Bailey

Green National, a full-service real estate firm that operates and reinvests in affordable communities throughout the country, has added to its team.

Andrew Bailey has been named executive vice president of development. Prior to working at Green National, he was an executive vice president at one of the largest affordable housing organizations in the nation and served as director of planning, preservation, and development for the Ohio Housing Finance Agency (OHFA). He has been involved in roughly $1.6 billion in low-income housing tax credit (LIHTC) developments and approved over $1 billion in projects while at OHFA. Bailey oversees the day-to-day operations of development and the strategic growth of Green National.

David Bales
David Bales

David Bales has also joined the firm as executive vice president of management. He brings more than 30 years of extensive property management experience from numerous markets across the country. Bales will be involved in all management operations and strategic growth initiatives. His expertise includes new construction, lease-up, deal assessment, underwriting analysis, relocation, and property renovation. Prior to working with Green National, he directly oversaw and managed over 34,000 units. He is a licensed real estate broker in Florida and holds the IREM designation of CPM, as well as the National Association of Home Builders designation of HCCP. He is a veteran of the U.S. Army.

John Snee
John Snee

John Snee has been named director of acquisitions. He has coordinated disposition programs for some of the largest institutional real estate companies in the country, including publicly traded REITs and public/private franchisors. He has underwritten $2 billion worth of commercial real estate and has built a wealth of experience spanning across all sectors of the industry.

Led by CEO Troy Green, the firm is headquartered in Skaneateles, N.Y.

Cinnaire Names VP, Community Development

Katey Forth has been appointed executive vice president, community development, at Cinnaire.

She brings more than 20 years of finance and lending experience to the new role, serving most recently as Cinnaire Lending president. Forth has played a key role leading the strategic direction of Cinnaire Lending, developing capacity building and fundraising initiatives, and providing strategic direction on operations and lending product lines.

Katey Forth
Katey Forth

In her new role, Forth will provide the strategy and drive Cinnaire’s work with mission-driven partners and other Community Development Financial Institutions to fund community facilities that provide social benefits, including health care and education centers, healthy food options, job creation and training, and affordable housing.

Prior to joining Cinnaire, Forth worked as a senior audit manager at Plante Moran, specializing in real estate and governmental audits.

Simon to Step Down at EBALDC

As part of a succession plan, East Bay Asian Local Development Corp. (EBALDC) announced that Joshua Simon will step down as CEO in October after nearly two decades as a champion for the organization. EBALDC’s board of directors will launch a selection committee to identify its next CEO.

Simon pioneered EBALDC’s Housing Acquisition Fund, an innovative approach to preserving affordable housing and stabilizing neighborhoods at risk of increasing rents and displacement. Most recently, he led the Oakland, Calif.-based organization’s immediate policy advocacy response to the COVID-19 pandemic to help residents access what they needed to stay safe, healthy, and well during the crisis.

Last year, EBALDC and partners opened 94 new units of affordable housing at Casa Arabella, the second phase of the Fruitvale Transit Village, and the organization has 1,000 additional units in the pipeline.

NDHFA Names Homeownership Director

Brandon Dettlaff has been named the new homeownership division director at the North Dakota Housing Finance Agency (NDHFA). An NDHFA employee for 13 years, he previously served as the agency’s servicing coordinator, managing the staff that supports the needs of the agency’s more than 11,000 borrowers.

NDHFA’s homeownership division helps North Dakotans, primarily first-time buyers, become successful homeowners by providing home buyer education, downpayment and closing cost assistance, and affordable mortgage financing.

Dettlaff replaces Dave Flohr, who was appointed NDHFA executive director by the North Dakota Industrial Commission in late April.