NRP Group Appoints EVP of Development for Texas
Christopher O’neal He joined the NRP Group as Executive Vice President of Development for Texas.
“We are delighted that Chris will bring his expertise to our team to continue NRP’s mission of creating outstanding rental communities for individuals and families, regardless of income.” Ken Autocult, President of Development at NRP Group. He has a track record of developing exceptional multi-family communities and we are confident he will accelerate the growth of our pipeline and lead our development team into new markets. “
Vertically integrated development, ownership, construction and management of best-in-class multifamily homes, the company continues to expand its footprint in Texas with a pipeline of approximately 4,045 market-value employee housing units underway is. O’Neill will oversee the expansion of the Texas development pipeline, along with other western markets such as Arizona, Colorado and Nevada.
Prior to joining NRP, he was Managing Director at Hines, a global real estate investment and management services firm. During his tenure at Hines, he was his manager for the first multifamily housing platform in the Southwest region, managing Waterwall Place, the region’s first multifamily development. He also managed transactions in the Southwest region for nearly a decade, growing business groups and leading Hines’ suburban multifamily initiatives in Arizona, Colorado and Texas. O’Neill has managed the development of approximately 8,000 units worth over $2 billion.
Coffman becomes President of Hudson Corporation
longtime managing principal Aaron Coffman Appointed President of The Hudson Cos., he will oversee the company’s strategic vision and manage day-to-day operations while expanding its affordable, market-price development portfolio across the country.
David Kramerhas been president of the company since 2012 and will assume the responsibilities of pursuing large-scale, market-rate ventures, moving to the position of CEO.
Hudson, a privately held real estate developer founded in 1986, has grown to become a leading developer of new homes for all market segments in the New York metropolitan area. To date, the company has completed over 7,000 of his homes, and he has nearly 7,000 more under construction or in pre-development.
Koffman joined Hudson in 2008. As a Principal, he led the company’s affordable housing pipeline and portfolio, leading the development team in early 2021 while also chairing the Investment Committee. Prior to joining Hudson, he worked at Forest City Ratner Cos. and he held various positions at New York City Housing Development Corp.
This year he has been instrumental in overseeing several important developments in the city.
・Logan Fountainis a mixed-use project being developed under the 2016 East New York zoning plan that will convert an abandoned gas station into 174 permanently affordable housing, 169 transitional housing for homeless families, and retail housing. Convert to space. Hudson, The Jericho Project, and HELP USA raised $117 million for affordable and supportive housing and $97 million for new shelters with cities and states6 completed in a month.
· Cooper Park Commons, formerly the site of Greenpoint Hospital in East Williamsburg, Brooklyn. This year, Hudson began working on his 100% affordable project of 550 homes with the nonprofit St He Nix He Alliance. Cooper Park Commons also houses his 200-bed shelter, operated by Project Renewal, with office space, cafeteria, children’s room, study, workshop, community space, clinic and fitness room.When
Lirio, Mixed-use development at Hell’s Kitchen in Manhattan. Recently approved by the City Council, the project was developed by Housing Works and includes 112 affordable housing, 59 of which are office space for the Metropolitan Transit Authority, a support service that prioritizes long-term survivors of HIV/AIDS. Including. , and nearby retail spaces.
Delores Project Announces Leadership Transition
Delores Project announces resignation of CEO Stephanie Miller and its leadership transition plan.
Officials praised Miller’s work, adapting shelters from overnight-only to 24-hour despite the pandemic, successfully adopting a housing-first model that prioritized permanent housing, retaining staff, and more. , said that despite the pandemic, it is leaving behind a legacy of transformative and sustainable improvements to the organization’s operations.
“It has been an honor to serve as CEO of the Delores Project for three years. Working with government leaders to provide dignified housing solutions for Coloradoans of all backgrounds is a challenge like a pandemic. We were not without them, but we overcame them and prospered together. Work on the project continues.”
The Delores Project operates a 24/7 low barrier shelter that serves 60 women and transgender people 24/7. In addition, the Delores Project operates the Delores Apartments, a furnished 35-unit assisted housing building in Arroyo Village for previously chronically homeless and physically, developmentally, psychologically, and materially We serve people of all genders experiencing use challenges.
“We are eternally grateful to Stephanie for her incredible care for her staff and guests, expanding the scope and reach of the show at a pivotal moment in history. We wish her all the best in her next chapter,” said the president. Debra Ellis“We are also grateful to Interim CEO Emily Wieland, who has been with The Delores Project for seven years. He is the perfect person to take over.”
The Delores Project is seeking a new CEO to oversee leadership, strategy, planning and advocacy, fund development, program management, organizational management, and financial and legal compliance. His immediate responsibilities include spearheading the development of the Delores Project blueprint to achieve its short- and long-term strategic goals.
KeyBank Expands Syndication Platform
Mary Ann Lang He has been appointed Senior Vice President of Business Development at KeyBank Community Development Lending and Investment (CDLI) and is responsible for supporting investor relationships and further building out the syndication platform.
Based in Indianapolis, she Stacy NexSenior Vice President and Equity Investment Team Leader.
Lang has over 17 years of experience in the low-income housing tax credit and affordable housing industry. Prior to joining KeyBank, he was Managing Director at CREA, where he led his team of high-performing syndications and was responsible for fund launch and fundraising.
KeyBank CDLI, a leading affordable housing capital provider, funds projects that stabilize and revitalize communities in all 50 states.
JLL Joins Affordable Housing Team
Dante Thomas, Managing Director, joined JLL Capital Markets’ affordable housing production team. His leadership roles include optimizing funding solutions from various sources including Fannie Mae and Freddie Mac.
Based in our Philadelphia office, Thomas reports to Angela Kelcher, senior managing director who leads the nation’s affordable mortgage creation team.
Most recently, he served as Vice President of Commodity Origination for Berkadia Commercial Mortgage, working directly with originators, clients and capital providers to build nationally distributed deals. Prior to that, she was Director of Real Estate for Residential Partnerships He Equity He Trust. He began his career as a senior asset manager and underwriter for Fannie Mae’s multifamily mortgage business and also worked as a senior development officer for the District of Columbia Housing Finance Agency.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and tenants.
Greenberg Promoted to President of Synnea Lending
Sarah Greenberg Appointed President of Synnea Lending. She brings her 19+ years of experience to this role, most recently she served as Senior Vice President of Affordable Housing and Lending at Cinnaire, overseeing real estate lending and supporting the organization’s continued growth. played an important role in building a lending sector that
In her new role, Greenberg will set up Cinnaire Lending’s growth strategy in both affordable housing and community development debt financing. She also manages the team responsible for originating, underwriting and closing loans for all types of her Cinnaire Lending products.
A nationally recognized leader in affordable housing and community development, Greenberg has more than 19 years of experience in investing in communities, including NeighborWorks America, Forward Community Investments, Northwest Side Community Development Corp., and High He holds a leadership position in Impact Financial Analysis. During her tenure at NeighborWorks, she was one of the founders of the National Community Stabilization Trust. The National Community Stabilization Trust is a national non-profit organization established to facilitate the transfer of seized property to responsible community organizations.
