Integral Names President of Real Estate
Vicki Lundy Wilbon has been appointed president of real estate for the Atlanta-based Integral real estate development and investment firm.
The industry veteran’s rise reflects the consolidation of the company’s community development, commercial real estate, and property management divisions under a single leader, according to Egbert Perry, Integral chairman and CEO. In addition, the appointment will allow Perry to focus more intently on diversifying Integral’s products and its geographical footprint, including strengthening the company’s international efforts, said firm leaders.
Lundy Wilbon, an Integral partner, joined the company in 1995 and previously served as executive vice president and president of the community development division. In that capacity, she was responsible for the day-to-day management of the firm's redevelopment initiatives, many executed through public/private partnerships.
She has worked extensively in the real estate development industry for more than 35 years. Through her experience in placemaking and multiphased redevelopments, she has managed every aspect of comprehensive development programs, including master planning with community participation, managing public/private partnerships, inspiring creative design, and developing and implementing innovative financing structures. Integral’s portfolio includes master-planned, mixed-use developments as well as affordable, workforce, and Class
A multifamily housing. Integral has developed approximately 10,000 residential units and has site control of more than 100 acres of prime land in urban markets across the country.
Samios Promoted to SVP of WinnCompanies’ Connected Communities
WinnCompanies has promoted Trevor Samios to senior vice president of a stand-alone resident services department known as Connected Communities. For the last four years, Connected Communities has led innovations that have included first-in-the-nation programming milestones and a housing stability strategy that has drawn praise from eviction prevention policymakers.
Since joining the company in 2017, Samios has professionalized and expanded resident services capabilities of WinnResidential, growing offerings for the property management company with new focus and a 75-member team that has advanced meaningful, measurable change for communities nationwide, said the company.
Connected Communities represents a collective impact approach to community development, focusing on people, place, and partnership and developing collaborative strategies that drive positive outcomes in six categories: community engagement, economic mobility, education, employment, health, and housing. Under Samios, it has established an expansive network of focused partnerships with more than 500 national organizations and 1,000 local and regional service providers nationwide to connect residents of WinnResidential communities to programs, services, and resources.
Recent accomplishments include WinnCompanies becoming the nation’s first for-profit affordable housing operator to gain federal approval to launch the Department of Housing and Urban Development’s (HUD’s) Family Self-Sufficiency Program (FSS) in the company’s Boston portfolio. The FSS program supports families with low incomes to build assets and financial capacity as a pathway to greater economic opportunity.
In 2020, WinnCompanies became the first for-profit affordable housing development and management organization in the U.S. to earn the Certified Organization for Resident Engagement & Services designation from Stewards of Affordable Housing for the Future and Fannie Mae.
In 2021, after more than a year of planning led by Samios, the company launched a pioneering National Housing Stability Program that has helped more than 20,000 residents in 16 states and Washington, D.C., avoid eviction for financial hardship during the COVID-19 pandemic. Designed to cut financial evictions in half by 2025, the program offers a combination of unique early intervention strategies that led to Samios being invited to serve on a nationwide eviction prevention task force established by the Biden administration.
LISC Names CFO
Christina Travers, a leading expert in community development finance, has been appointed chief financial officer (CFO) of the Local Initiatives Support Corp. (LISC). Travers is expected to start Nov. 1 and is replacing Michael Hearne, who is retiring after seven years in the position.
The appointment marks Travers’ return to LISC, where she previously spent more than a decade helping pioneer impact investing efforts. In her previous roles with LISC, she served as treasurer and senior vice president of capital strategies. In 2017, she helped spearhead the market’s first-ever Community Development Financial Institution (CDFI) public bond offering, which raised $100 million for LISC and laid the groundwork for CDFI bond issuance by other large organizations.
She also managed LISC’s banking relationships, including closing $500 million in new and renewed facilities. And, she co-authored a definitive LISC white paper on CDFIs and impact investing, providing critical information to help new investors understand the opportunities in community development.
Travers had been serving as CFO of Working Solutions, a nonprofit CDFI focused on microlending in the San Francisco Bay Area. She’s also served as vice president of finance and capital strategies at the Low Income Investment Fund.
CREA Announces Head of Social Impact
Arvetta Jideonwo has been named executive director and head of social impact of CREA and the recently established CREA Foundation. As the chief philanthropic leader, she will oversee the Foundation’s administration and strategic investments through grant and scholarship initiatives in CREA communities throughout the nation.
In addition to leading the Foundation, Jideonwo will hold the title of head of social impact for CREA and will be responsible for all company philanthropy, volunteerism, and community engagement efforts.
She recently served eight years as executive director for Bosma Visionary Opportunities Foundation– the supporting foundation for Bosma Enterprises, one of Indiana’s largest nonprofit organizations.
Since 2001, CREA has raised and closed over $7.8 billion in low-income housing tax credit (LIHTC) equity.
Millennia Appoints Chief Information Officer
Brad R. Blake has joined The Millennia Cos., a leading affordable housing developer, owner, and manager, as chief information officer. In his role, he will design and implement an information technology strategy that meets the enterprise's infrastructure and support needs.
With more than 24 years of experience, including eight in the real estate industry, Blake has led organizational transformation through the strategic adoption and management of information technology solutions at organizations such as large hospitals and health care systems.
“Brad’s ability to innovate and use technology to align functions will allow us to provide high-quality support to our residents and employees,” said Lee J. Felgar, chief operating officer at Millennia Housing Management. “An accomplished leader, he will deliver best-in-class technology solutions that achieve operational excellence.”
Nixon Peabody Grows Affordable Housing Practice
The Nixon Peabody law firm has expanded its affordable housing and real estate practice with the arrival of associates Mauricio Cuellar, Steve Fantuzzo, and Matthew King.
Cuellar focuses his practice on representing institutional lenders and borrowers in all facets of real estate financing, including acquisition financing, bridge-to-permanent loans, and construction lending transactions.
Fantuzzo focuses his practice on commercial real estate transactions—including purchases and sales, leasing, and commercial lending—as well as land use and zoning. He represents real estate investors, developers, lenders, and municipalities..
King focuses his practice on a range of construction and real estate matters, including agreements for construction management, design-build, design services, acquisitions, dispositions, procurement support for capital projects, leasing, and zoning matters.
McCormack Baron Salazar to Relocate Offices
McCormack Baron Salazar (MBS) will relocate its corporate headquarters to 100 N. Broadway in downtown St. Louis, announced the company.
More than 140 employees who previously worked at the company’s offices at 720 Olive Street will relocate to the new space in the first quarter of 2022.
“St. Louis is our home, and we have made an intentional commitment to stay downtown,” said Richard Baron, co-founder and chairman of McCormack Baron Salazar. “We opened our doors here in St. Louis nearly 50 years ago, and our commitment to this city has never wavered. McCormack Baron Salazar believes in cities, in the importance and value of strong urban communities, so we’re proud to be relocating to this beautiful space in a vibrant location downtown.”
MBS will lease two floors in the office building from Larson Capital Management, which is in the process of completing $15 million in renovations.
“Our relocation to 100 N. Broadway allows us to design our offices to a changing world and embrace a hybrid reality, modified for new practices, technologies, and pandemic protocols,” said Vince Bennett, president and CEO of McCormack Baron Salazar. “Our employees are our most important asset, and we look forward to providing them the amenities afforded by 100 N. Broadway as they return to the workplace. We will incorporate industry recommendations including hoteling, as not everyone has to come in all the time, and Zoom does not replace in-person collaboration.”
Dauby O'Connor & Zaleski Names Principals
Dauby O'Connor & Zaleski (DOZ), an audit, tax, and consulting firm focused on affordable housing, has announced its latest class of principals.
Thomas Wilson, CPA, has been promoted to audit principal. Wilson has over 11 years of experience at DOZ and in the multifamily housing industry, primarily focused on providing auditing and accounting services to multifamily housing owners and developers, LIHTC syndicators, and nonprofit corporations.
Chris Petesch, CPA, has been promoted to audit principal. Petesch has been in the practice of public accounting since he joined DOZ in 2008, where he has developed his knowledge and specialization in the real estate industry. He provides audit and financial reporting services for lower-tier entities that utilize LIHTCs, HUD financing and/or rental assistance, financing from state agencies and Rural Development programs, nonprofit entities, and also serves as part of DOZ's real estate consulting practice, completing sponsor reviews of tax credit syndicators, conducting fund due diligence, and performing disposition analysis for properties with varying criteria.
Matt Catlin, CPA, has been promoted to audit principal. Catlin started at DOZ as an intern in 2008 and joined full time in 2009 after graduating from Purdue University. His portfolio of clients includes nonprofits, multifamily housing developers, and real estate limited partnerships. He has prepared and reviewed over 60 LIHTC, contractor, and HUD cost certifications. As a key member of the quality control committee at DOZ, Catlin leads the implementation of new nonprofit guidance as well as oversees annual internal file review inspections and the continual improvement of the development workpaper templates for LIHTC, contractor, and HUD cost certifications.
James Wolf, CPA, has been promoted to audit principal. He joined the audit department at DOZ full time in 2009 after graduating from Franklin College. Wolf’s portfolio of clients includes corporations, multifamily housing developers, and real estate limited partnerships. In addition to audit work, he has prepared and reviewed many LIHTC, contractor, and HUD cost certifications. Wolf has been involved with the quality control committee at DOZ throughout much of his career. He is also a key member of the group within the firm that works to improve the internal processes of the firm.
Brandon Harshman, CPA, has been promoted to audit principal. He has specialized in the real estate industry since 2009. Harshman has experience in the affordable housing arena, with focuses on properties that utilize LIHTCs, HUD financing and/or rental assistance, and rural economic and community development programs. His clients includes nonprofits, multifamily housing developers, real estate limited partnerships, and property management organizations.
Brittany Phillips, CPA, has been promoted to tax principal. Phillips has worked with the company since 2007 and has specialized in the real estate industry, with a particular focus in partnership and nonprofit tax compliance matters. Her portfolio includes partnerships, limited liability companies, corporations, nonprofits, and individual income tax returns.
Kevin Canfield, CPA, has been promoted to tax principal. Canfield has been with DOZ since graduating from Indiana University, where his primary focus is partnership taxation, specifically within the real estate industry. He spends notable time on tax research, complex transactions, and staff development. He also spends significant time on process development, where he utilizes both his technical background and strong Excel skills to create, enhance, and automate processes within the firm.
Lucas Autry, CPA, has been promoted to tax principal. After graduating from Ball State University, he has worked with DOZ specializing in the real estate sector providing tax services from preparation and review of tax returns to consultation on specific tax matters. Located throughout the country, his current portfolio includes real estate developers, nonprofit corporations, and property management companies. Autry also is a key contributor to the internal processes within the department helping gain efficiencies.
Los Angeles Housing Agency Announces Name Change
Los Angeles’ Housing + Community Investment Department (HCIDLA) announced today that the department is changing its name to Los Angeles Housing Department (LAHD).
The move is due to a restructuring that includes the establishment of another department with community investment programs formerly part of HCIDLA, said city officials. The HCIDLA is known among tenants, landlords, and developers and will continue to serve the same stakeholders for affordable housing development and preservation, and tenant-landlord-related regulations and services. In addition, the Housing Opportunities for Persons with HIV/AIDS program and certain homeless services oversight functions remain with LAHD.
The new department name will gradually be phased in throughout LAHD’s programs until full name change implementation is complete, including outreach and branding awareness.