NEF Adds to Team
National Equity Fund (NEF), a leading syndicator of low-income housing tax credits (LIHTCs), has announced two additions to its originations’ West team, which includes the Northwest and mountain states.
Tony Daguanno has accepted the position of vice president, and Chris McKenzie has joined the firm as an originations officer. Both are based in Portland, Ore.
Daguanno has more than a decade of experience in the affordable housing industry, most recently serving as an acquisition professional at The Richman Group. Prior to that, he was an asset manager at NEF for five years.
McKenzie’s affordable housing experience includes working for NEF’s parent company, Local Initiatives Support Corp. (LISC) for six years, beginning as a program assistant and then making his way up to a strategy and impact officer with its national housing team.
“We’re looking forward to expanding our affordable housing work for low-income families and individuals in the western region with our two new talented additions,” said Mike Jacobs, senior vice president and head of NEF’s originations teams. “It’s good to have Tony back with us, and we welcome Chris as our newest member.”
WHCHC Announces CEO
Jesse Slansky has been named president and CEO of the West Hollywood Community Housing Corp. (WHCHC). He takes the helm from Robin Conerly, who retired at the end of June after 11 years with the California-based organization.
Slansky joined WHCHC in 2010 and became the director of real estate development in 2013. As director, he has been responsible for overseeing all of the organization’s real estate development activities. The organization’s current pipeline has a combined development cost of approximately $164 million.
Under Conerly’s guidance, WHCHC expanded its reach to serve new geographies and new populations of residents, all while continuing to develop innovatively designed and award-winning projects. She grew the organization from five to 20 employees and leaves a legacy of 239 new affordable units in six buildings for community members living with limited incomes. In addition, there are six projects in the development pipeline, which will provide 311 units of housing and supportive services for families, seniors, people who have been homeless, and people with special needs.
Bellwether Enterprise Names Vice President
Ilya Weinstein has been appointed vice president at Bellwether Enterprise Real Estate Capital. He will be part of the firm’s affordable group in the New York office and will help build on the company’s established presence on the East Coast.
Bellwether Enterprise is the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment.
As vice president, Weinstein will work to grow loan production for affordable housing properties throughout New York City and across the region. Drawing on his experience originating loans for both affordable housing and multifamily projects, he will work to expand Bellwether Enterprise’s operations nationwide, with a focus on the Northeastern region of the United States.
In his former role, Weinstein served as an associate at Wells Fargo Multifamily Capital in New York, where he was part of a team that originated over $10 billion in Fannie Mae and Freddie Mac loans nationwide. Weinstein has also worked at Red Stone Tax-Exempt Funding and Centerline Capital Group.
PGIM Adds to Senior Housing Team
Corley Audorff has joined PGIM Real Estate Finance as it expands its senior housing originations team. He is based in Atlanta.
Audorff is a director in the Senior Housing and Healthcare Group. He joins from Monticello Asset Management, where he was a managing director focusing on bridge loan originations for both health-care and multifamily assets. Prior to joining Monticello, he worked at the Department of Housing and Urban Development in the Office of Residential Care Facilities.
PGIM Real Estate Finance is the commercial mortgage finance business of PGIM, the $1 trillion global investment management businesses of Prudential Financial.
Hunt Mortgage Group Expands
Three executives have joined Hunt Mortgage Group as it expands its senior housing and health-care team. They will focus on Fannie Mae and Freddie Mac credit and underwriting for this niche sector.
Andrew Kitts has joined the firm as a managing director and chief credit officer. He comes to Hunt Mortgage Group from RED Capital and is based in Hunt’s Irvine, Calif., office.
Heath Coryell is director and deputy chief underwriter. He will be based in Virginia and comes to the firm from Arbor.
Wendy Lord joined as director and will focus on special asset management. Lord is based in Maryland and also comes to Hunt from Arbor.