Rural Community Assistance Corp. Announces CEO
Suzanne Anarde has been named CEO of the Rural Community Assistance Corp. (RCAC). She will join the organization in November.
Anarde has worked for more than 25 years as a community development professional dedicated to rural revitalization. Currently, she is vice president at the Local Initiatives Support Corp. and director of Rural LISC. She began serving rural communities in Colorado as Tri-County Housing’s founding executive director in 1991.
She joined Rural LISC in 2005 as a consultant and in 2010 as senior program director for partners in California, Oregon, and Utah. In her current role she oversees work with 89 rural community-based organizations in more than 2,100 counties across 45 states.
Anarde served on the Colorado State Housing Board for seven years and the Fowler School Board in Colorado for 18 years, including eight as president. She is a board member for Fannie Mae’s Affordable Housing Advisory Council, National Rural Housing Coalition, U.S. Bank Community Advisory Committee, Dakotas America Advisory Board, and CEI National Advisory Board serving rural Maine.
Founded in 1978, RCAC is a nonprofit that provides training, technical and financial resources, and advocacy so rural communities can achieve their goals and visions. RCAC serves rural communities in 13 Western states and the Pacific islands.
Gilbane Development Names Mid-Atlantic Director
Doris Gantos has joined Gilbane Development Co. as vice president and regional director of multifamily for the Mid-Atlantic region. She is based in the Arlington, Va., office and will be responsible for strategic growth of the company’s market-rate and mixed-use development in the region.
Prior to joining the firm, she held leadership roles with Oculus Development and Advisory Services and The Bozzuto Group and has extensive experience in multifamily, including affordable housing, as well as direct property management oversight experience for a portfolio of more than 22,000 units.
Churchill Stateside Names SVP
Amr Fawzi has joined Churchill Stateside Group (CSG) as
senior vice president for asset management and loan servicing.
He is responsible for overseeing the asset management and loan servicing platform, including the operational and compliance functions for the CSG portfolio. Fawzi has more than 25 years’ real estate experience, with the last 16 years within Fannie Mae’s multifamily debt and equity asset management division, performing portfolio surveillance on both market-rate and multifamily affordable housing transactions.
Fawzi also has renewable energy experience setting up Fannie Mae’s green program asset management, which included solar energy installations as well as energy and water efficiency property improvements. The remainder of his real estate experience was in commercial banks and mortgage entities. He has more than seven years of experience in equity fund management and a broad range of capital markets activities at Lazard and EFG-Hermes.
Chase Expands Community Development Banking Team
Douglas Leezer has joined Chase’s Community Development Banking (CDB) group as a senior commercial banker. He is based in San Diego and will be supporting clients in Arizona, California, and Nevada.
Leezer has more than 27 years of banking experience and specializes in affordable housing business development. He joins from Citi Community Capital, where he most recently served as a senior banker supporting affordable housing clients with investment banking, debt and equity products.
Chase’s CDB group provides various financial solutions that support the growth of affordable housing and revitalization of low- and moderate-income communities across the United States, including construction and permanent loans, New Markets and historic tax credit financing, letters of credit, and other products to support bond financing.
Rainbow Housing Hires Director of Economic and Workforce Development
Trevor Stokes has been named director of economic and workforce development at Rainbow Housing Assistance Corp. In this newly created role, he will focus on expanding the nonprofit’s education and workplace development programs to help investors and property owners improve occupancy, reduce legal and security costs, and decrease bad debt losses by expanding the workforce training platform, which will ultimately be available to more than 40,000 low-income residents located in Rainbow’s dozens of properties across 13 states.
Stokes is an expert in workforce readiness programs with more than 20 years of experience. He served for six years as the workforce programs manager for the Arizona Governor’s Office of Economic Opportunity, the state’s labor market information and workforce policy hub. There, his groundbreaking innovations included the Arizona Advanced Technologies Network and the Arizona Career Readiness Credential, which was developed in response to Arizona employers’ concerns regarding job applicants lack of basic academic, personal, and interpersonal skills.
Before coming to Arizona in 2014, Stokes also provided leadership to some of the country’s most innovative and successful career-driven education and workforce development initiatives, including Go Build Alabama, Florida Ready to Work, and the Kentucky Career and College Readiness Transformation.
Rainbow Housing provides service-enriched housing programs for residents of rental housing communities throughout the United States.
Housing Trust Silicon Valley Names Chief Lending Officer
Fathia Macauley has become chief lending officer at Housing Trust Silicon Valley, where she will oversee all of the organization’s lending programs.
She joins the organization from Capital Impact Partners, where she led strategic planning for affordable housing lending and business strategy for the California market. Macauley managed a $70 million loan pipeline as well as three venture loan funds, including Capital Impact's participation in The Bay's Future Fund.
Earlier, she served as director of business development in Northern California for Clearinghouse CDFI, opening the Oakland office and expanding social impact lending. Macauley also has held positions at the Nonprofit Finance Fund and Century Housing Corp.
Throughout her career, Fathia has managed over $600 million in Community Reinvestment Act and affordable housing development projects and participated in the creation of over 1,000 affordable homes, as both a lender and a developer.
NHPF Appoints SVP, Chief Accounting Officer
Alla A. Eleon has been named senior vice president and chief accounting officer of The NHP Foundation (NHPF). She brings over 20 years of financial accounting, auditing, and organizational management experience to housing nonprofit.
Her role includes improving the structure, work flow, and technology of accounting services to achieve efficiency. Eleon will work closely with NHPF CFO Gary Parkinson on annual consolidated audits and various required quarterly financial reports.
Her experience includes managing a multimillion dollar portfolio of affordable housing entities for Catholic Charities. She’s also worked with Related Partners, helping the company set up accounting and reporting processes for its Restaurant Fund. She also served for six years as an auditor in a midsize public accounting firm with a variety of different clientele, including affordable housing. Eleon is a certified public accountant by New York state.
Headquartered in New York City with offices in Washington, D.C., and Chicago, NHPF is celebrating its 30th year as a publicly supported nonprofit real estate corporation. It has 52 properties in 15 states and the District of Columbia. NHPF also provides a robust resident services program to nearly 18,000 community residents
Cassin & Cassin Adds Attorneys
Cassin & Cassin, a law firm specializing in real estate and real estate finance, has hired seven attorneys.
Trevor Cardo joins the firm’s Purchase, N.Y., office as an associate working within the firm’s affordable housing and agency lending practices. He most recently served as counsel with Thoroughbred Title Services, primarily focusing on title insurance and title closing issues.
Tara Darling joins the affordable housing and agency lending practices as an associate in New York City. Her responsibilities include representing lenders in the financing of multifamily properties through the Fannie Mae Delegated Underwriting & Servicing product line and the Freddie Mac Seller-Servicer program. Prior to Cassin, Darling held an associate role at Lewis Johs Avallone Aviles.
Paul Dibbini joins the Purchase office, as a law clerk working within the firm’s commercial mortgage-backed securities and balance sheet lending practices. He previously held internships at the Eastchester Justice Courthouse and the New Haven County Courthouse. His admission to practice law in New York is pending.
Patrick B. Jennings joins the firm in Purchase as an associate within the agency lending and affordable housing practices. Prior to joining the firm, he worked as a prosecutor in the Baltimore City State’s Attorney’s Office for eight years.
Roberto Machado joins the New York City office as a law clerk, working primarily within its affordable housing and agency lending practices. He recently served as a judicial intern for Justice Andrea Masley within the commercial division of the Supreme Court of the State of New York. His admission to practice law in New York is pending.
Ryan Vines joins the New York City office as an associate, working within the firm’s CMBS and general commercial real estate groups. He focuses his practice on representing institutional lenders in closing commercial real estate loans intended for securitization or other sale on the secondary market. He was previously a summer law clerk at Kaplan Fox & Kilsheimer.
Kaitlyn M. West jjoins the agency lending practice as an associate in New York City. She recently served as a law clerk for Judge Mary B. Malveaux in Richmond, Va. Prior to that, she was a student associate at Richmond’s Intellectual Property and Transactional Law Clinic. Her admission to practice in New York is pending.
Dominium Expands Development Team
Several new members have recently joined Dominium, a leading apartment owner, developer, and manager.
Brady DeVore, Adam Eskola, Matt Hodges, Henry Houden, Logan Kieweg, and Kaitlyn Tveit have been named development analysts in the firm’s home office in Plymouth, Minn. Their responsibilities include assisting project partners and developers with new project development, acquisition, and financing.
DeVore previously worked as an associate multifamily broker with Colliers International.
Eskola returns to Dominium after previously completing the company internship program within development. He also was a Realtor associate with Sotheby’s Realty.
Hodges has previous experience with the company through the development internship program.
Houden recently service as a development intern at Palisade Properties and H Family Office.
Kieweg comes to Dominium from previous internship positions with Wisconsin Housing and Economic Development Authority and City of Milwaukee Housing Authority.
Tveit’s responsibilities include evaluating the physical product and operations of a portfolio of apartment communities to maximize their long-term value. She will also prepare and communicate property plans for refinancing, sale, or resyndication. She previously worked as a residential intern in the Minneapolis and St. Cloud assessor's offices.
Choice Property Resources Expands Contract Department Team
Choice Property Resources, a leading adviser to multifamily owners for ancillary service contracts, has announced that Kaylyn Mallory has become a contracts manager. In this new role, she will be instrumental in negotiating agreements with major telecommunications and commercial laundry room providers.
With a recent focus on laundry operations, Mallory is connecting with national and regional vendors to negotiate and manage new and existing contracts. She also works with equipment providers for clients who purchase equipment for their properties’ laundry rooms. .
Kaylyn brings four years of experience from Nationwide Insurance where she worked with commercial accounts.Choice Property Resources exclusively represents and advises multifamily property owners, developers, and managers in telecommunication vendor contract negotiations.
