McCormack Baron Salazar (MBS) announces that Gary Buechler is joining the national affordable and mixed-income housing developer as chief operating officer to support the company’s continued growth and success. As COO, Buechler will oversee all day-to-day operations of the company, including overseeing project management, project finance, design and construction, and business development strategy. He will expand on the company’s use of metrics and data to drive decisions while leading employees to success under its corporate mission, vision and values.
Buechler comes to MBS from the Michaels Development Company, another national leader in affordable housing development. As president of Michaels, Buechler increased revenues by 35 percent and reduced the time and costs associated with closing new transactions. Prior to Michaels, Buechler held a number of leadership roles over a nearly 15-year tenure at Lendlease Americas.
Buechler’s addition to the team will allow the current COO, Michael Duffy, to assume the role of chief investment officer (CIO) of MBA Properties, Inc. (MBS’ holding company). Duffy will take over responsibility for cross-company investor and financing relationships, project-financing underwriting, and serve as a key member of the management team of MBA Properties, Inc. In his 13-year tenure at MBS, Duffy has helped close more than $1.8 billion in transactions, resulting in thousands of homes in mixed-income communities across the country.
