Barnes to Retire from Dominium
Chris Barnes, vice president and senior project partner, is retiring from Dominium after more than 20 years with the Minneapolis-based apartment developer and owner.
“Chris’ contribution to the firm is multifaceted and proves the value of our development model,” said Paul Sween, managing partner. “His legacy at Dominium will live on long after his retirement.”
Barnes, who has played an integral role in developing the firm’s portfolio, joined Dominium as a development intern over 20 years ago. He retires from a role that was created for him and in which he managed multiple portfolios, pipelines, and development teams. His work has spanned over 100 new construction, resyndication, and rehabilitation projects, totaling more than 16,000 units in 15 states.
Barnes retains his interests in the Dominium portfolio.
CHA Executive Resigns
Eugene E. Jones Jr. has resigned as CEO of the Chicago Housing Authority (CHA), effective Sept. 27.
in a prepared statement, Jones thanked mayor Lori Lightfoot for the opportunity to stay at the agency and also said that he is looking forward to pursing new opportunities.
He joined CHA as chief property officer in April 2015 and was named acting CEO two months later. In January 2016, then-mayor Rahm Emanuel named him the permanent CEO. Before arriving in Chicago, Jones served in executive capacities at housing agencies in Toronto, Detroit, Indianapolis, and Kansas City.
“From bringing new investment to communities and forming innovative partnerships that led to the development of three co-located housing and libraries, the development of new community assets like grocery stores and recreational facilities and the settlement earlier this year of the landmark Gautreaux case, I leave knowing that the CHA is well-positioned for the future and is prepared to meet the housing needs of its residents and the communities across our city,” Jones said in a statement.
Rocky Mountain Communities Hires CEO
Dontae Latson has been named CEO of Denver-based nonprofit Rocky Mountain Communities (RMC).
Latson brings to the organization more than 20 years of experience in nonprofits and 15 years as an executive leader. In his new role, he will oversee organizational strategy, including creating a road map for engaging community stakeholders through relationship building and collective impact.
Prior to joining RMC, Latson served as president and CEO of YWCA McLean County in Illinois for six years. He also held several roles in North Carolina, including director of behavioral healthcare services, Greater Charlotte market, at Presbyterian Hospital, agency director at the Union County Department of Social Services, and director of adult services at Carolinas Medical Center—Randolph.
RMC owns more than 1,130 affordable housing units for underserved populations across Colorado and manages an additional 500 units. It provides programs for its residents, ranging from English classes to exercise classes and after-school activities for children.
CPP Announces Director of Acquisition Finance
Jeffrey Taylor has been named director of acquisition finance at Community Preservation Partners (CPP), an affordable housing rehabilitation specialist. The position supports a growth initiative that saw CPP nearly double in size over the past several years, including a push into new markets in the East.
Taylor joins CPP from Alden Torch Financial, where he served as an assistant vice president and was responsible for executing many financial aspects of its acquisitions.
Headquartered in Irvine, Calif., CPP owns more than 7,500 units across the United States and was recently ranked eighth in the nation for affordable housing acquisitions by Affordable Housing Finance after purchasing more than 2,000 units in 2018.
KeyBank Adds to Community Development Team
Jonathan Wittkopf has been appointed senior vice president and senior banker at KeyBank Community Development Lending and Investment (CDLI). He will be based in Washington, D.C., where he will be responsible for continuing KeyBank’s expansion in the Mid-Atlantic, East, and Southeast territories.
Wittkopf brings 14 years of multifamily affordable housing experience to the CDLI team. Prior to joining KeyBank, he was a vice president and debt originator at Citi Community Capital, where he focused on balance-sheet and government-sponsored enterprise executions for affordable housing in the Mid-Atlantic region. Previously, Wittkopf served as a senior analyst in the Multifamily Affordable Sales & Investments group at Freddie Mac.
Bellwether Enterprise Appoints National Director of Agency Relationships
Jeff Patton has been hired as executive vice president and national director of agency relationships at Bellwether Enterprise Real Estate Capital. He is based in Birmingham, Ala.
Patton will be responsible for the development and implementation of a companywide agency growth strategy. He will work closely with Bellwether Enterprise’s executive team to enhance collaboration and support in three main areas: partnership with Fannie Mae and Freddie Mac, agency sales production, and agency structuring.
He brings nearly 30 years of commercial real estate finance experience to his new role. Patton recently worked at Oak Grove Capital, which was acquired by JLL in 2015 and became JLL Multifamily. He co-managed the production of Freddie Mac and Fannie Mae transactions and managed the firm’s front-end structuring team. He began his career at Collateral Real Estate Capital, which became Grandbridge Real Estate Capital.
Castle Lanterra Properties Adds to Senior Team
Castle Lanterra Properties (CLP), a New York-based national real estate investment firm, has added three senior professionals to its team. The new hires follow a period of expansion for CLP, as the company continues targeting multifamily and workforce housing investments in strategic growth markets across the United States.
Lynn Glantz has been named vice president of investor relations. She brings nearly 20 years of investor relations, marketing, and fundraising experience, with a focus on private real estate funds. Her background includes positions with real estate investment firms Rockwood Capital and The Praedium Group, where she served as vice president of investor relations, as well as Cantor Fitzgerald and UBS Global Asset Management. At CLP, Glantz will be responsible for overseeing fundraising and marketing initiatives as well as servicing fund investors.
Sandeep Murray has been named an associate, investor relations. She joins CLP after having worked at major institutional investment firms, including M&G Real Estate, where she served as the institutional client service manager for clients investing in open-ended direct real estate funds, as well as with Goldman Sachs, AllianceBernstein Global Wealth Management Group, and Columbia Threadneedle Investments in London. At CLP, Murray will aid in the coordination of investor communications and reporting.
David Sheril has been named senior counsel. He will work to manage and oversee all legal matters for the firm as it relates to legal guidance for acquisitions, dispositions, and financing. He will also provide support in investor relations and corporate governance. Prior to joining CLP, Sheril was with Simpson Thacher & Bartlett and Hahn & Hessen.