McCormack Baron Salazar Announces Moves
Emily Bernstein has been promoted to senior vice president, development, at McCormack Baron Salazar (MBS). In her new role, she will manage all aspects of the development process, including leveraging and securing project financing and coordinating a diverse team of specialists, consultants, investors, stakeholders, and public officials from project inception through stabilization.
Bernstein brings 15 years of experience to her new role, including nearly 10 years at MBS. She has worked on multiple development projects, including North Sarah Apartments, Flance Early Learning Center, Covenant Place, and Preservation Square in St. Louis; Foote Park at South City in Memphis, Tennessee; and the Cedars and Magnolia in Galveston, Texas.
Bernstein has served as vice president, project manager, and associate project manager at MBS. Earlier in her career, she worked at the Nathalie P. Voorhees Center for Neighborhoods and Community Improvement and IFF.
The firm also made several other personnel moves.
Cady Seabaugh has been promoted to senior vice president, director of New Markets Tax Credits (NMTCs) and strategic initiatives. She will be the senior executive responsible for all aspects of the MBS Urban Initiatives Community Development Entity program, including pipeline building, underwriting, closing, compliance, asset/portfolio management, accounting and development of community outreach programs, and all other matters related to the MBS NMTC initiative. Seabaugh will continue to consult on special initiatives, including sustainability and federal funding efforts.
LaShunda Gonzalez has been promoted to senior vice president, director of government relations and communications. She will represent and advance MBS’ business goals and legislative priorities before government decision-makers, including elected officials and their staff members, as well as government agencies. She will be instrumental in building government and corporate partnerships to leverage resources to support the company’s work.
Allyson Carpenter has joined the firm as a project manager. She will assist in the development of transformative mixed-income, mixed-use communities in the Mid-Atlantic states. Carpenter’s work will primarily focus on the redevelopment of the East Adams Street Apartments in Syracuse, New York, and the redevelopment of the Perkins Somerset Oldtown community underway in Baltimore. Carpenter joins MBS from the District of Columbia Council Committee on Housing and Neighborhood Revitalization, where she served as director of public engagement and legislative analyst.
Rockabill Names SVP
Laura Michener has joined Rockabill as senior vice president, bringing substantial experience in the underwriting and project management of affordable and supportive housing projects. She has led development projects in Connecticut, Maryland, New York, and Pennsylvania.
Prior to joining Rockabill, Michener was vice president of real estate development at HELP USA, a New York-based national affordable housing developer and shelter provider. In this role, she focused on the development of housing for chronically homeless households, low-income families, veterans, and seniors. She also previously ran The Margins Project, a community-based homelessness services nonprofit based in London.
Headquartered in New Jersey, Rockabill serves the affordable and supportive housing development community by providing a variety of development and financial consulting services. Rockabill Development acts as joint venture development partner, providing financing support in addition to industry expertise.
KeyBank Adds to Housing Credit Team
KeyBank Community Development Lending and Investment (CDLI) has appointed Christina Knuckles to lead its equity fund management. She is responsible for managing the bank’s low-income housing tax credit equity investment portfolio as well as strategic planning and forecasting, with a focus on expanding the CDLI equity investment platform.
Knuckles brings more than a decade of affordable housing tax credit experience to KeyBank CDLI. Previously, she served as senior syndications fund manager at U.S. Bancorp Community Development Corp. where she managed more than $1.7 billion in proprietary funds and multi-investor funds.
Terra Search Partners Expands Affordable Housing Practice
Becky Regan has joined Terra Search Partners, where she will co-lead the firm’s affordable housing and impact investing practice with partner Greg Melanson. Additionally, with Regan’s hire as managing director, the real estate executive search firm extends its footprint in the Northeast.
Most recently, she served as chief innovation officer, executive vice president and president, capital markets, at the Housing Partnership Network, a national association of the country’s leading mission-driven nonprofit Community Development Financial Institutions and affordable housing developers, where she led all aspects of capital raising from 2011 to 2020. During her career, Regan has held executive leadership positions at financial institutions and nonprofit organizations. Her areas of responsibility have included lending, strategy, management, debt, equity and grant raising, and board engagement.
Denver Housing Authority Appoints Director of Public Affairs
Keo Frazier has been named director of communications and public affairs at the Denver Housing Authority (DHA). She will serve on the executive leadership team working with executive director David Nisivoccia to align the strategic path and organizational message with the city and county of Denver and to be thoughtful with how the DHA brand is communicated internally and externally.
Frazier joins DHA with a strong background in marketing, communications, strategic leadership, and brand engagement. Most recently, she was vice president of communications and engagement at Emily Griffith Technical College. Frazier has owned several companies and is the founder of New Thinkers, a group designed to bring together people who are creating great change and solving world problems.
Marcus & Millichap Names Chief Operating Officers
Marcus & Millichap has announced that Richard Matricaria and J.D. Parker have been promoted to chief operating officers of the Western and Eastern division, respectively.
In April 2019, they were named executive vice presidents of the operating company, overseeing the division managers and specialty directors as part of a leadership succession plan.
Matricaria joined the company in 2000 and was a successful retail broker for several years before moving to management. He built highly successful offices in Orlando and Tampa, Florida, the latter of which became a top performing office nationally. In 2016, he moved to Chicago to oversee the Midwest division, which grew by 30% under his supervision. He relocated to company headquarters in Calabasas, California, in 2019 as part of his expanded responsibilities.
Parker joined the firm in 2004 as a multifamily agent in the Manhattan office and transitioned to management in 2006. In 2007, he opened the company’s Brooklyn office and soon after took over responsibility for the New York regional offices, leading Manhattan to become the firm’s largest operation. He was appointed division manager for the Northeast in 2016 and has been instrumental in driving Marcus & Millichap’s expansion in Canada.