Member News

WinnDevelopment and its partner broke ground on the major $100 million phase of the development that includes the construction of 96 modern luxury apartment homes on the 9th through 12th floors, retail on Main Street, office space in the mid-rise, 72 active senior living apartment homes, and a complete rehabilitation of the entire façade and windows of the building.

Ms. Murray will be located in Tampa, Florida, and will focus on developing new business to feed the company’s bridge and FHA finance platforms. She previously served as Deputy Director of the U.S. Department of Housing and Urban Development’s Office of Residential Care Facilities.

Citing his 35-year commitment to the practical needs of families and seniors, Homeport will honor Ohio Capital Corporation for Housing President Hal Keller at its second annual “Voice & Vision” program on Oct. 13.

These awards recognize newly developed or significantly rehabbed affordable multifamily housing communities that showcase high-quality design and resourceful financing.

Projects developed by NH&RA members are among the finalists for Affordable Housing Finance’s Readers’ Choice Awards. They represent some of the best affordable housing developments completed in 2015 and 2016. The finalists were selected based on their impact on their community, creative problem-solving, sustainable and inventive design, and innovative financing.

Alfredo de la Peña, who has been with Mission First for two decades as its Chief Operating Officer, will lead the organization as its Chief Executive Officer, effective July 1, 2016. Alfredo succeeds Walt Kubiak who served in the role of CEO for 22 years.

The Executive Committee and Board of Directors of Katten Muchin Rosenman LLP have named Roger P. Furey as the firm’s new chairman, effective June 1, 2016. Furey succeeds Vincent A.F. Sergi, who successfully led Katten for the last 21 years.

Southeast Effective Development (SEED) and Bayside Communities completed a $50 million rehabilitation and grand re-opening of 35 buildings that house over 1400 residents. The re-syndicated tax credit financing for this project required no new state or local public funding.

To be eligible for the 2016 awards round, historic rehabilitation projects will have been financed at least in part with historic tax credits, placed in service in 2015 or by May 1, 2016. The nomination round ends June 10.

The staff of 1410 Partners, LLC, joined Hunt Mortgage Group, opening a new west coast office. John McAlister, Founder and Principal of 1410 Partners, is now a Managing Director with Hunt Mortgage Group and leader of the newly formed west coast office. Sean Spear is also a Managing Director and will continue working with his current clients on their projects.

“We are so pleased to have Brian as a part of the collaborative Finance team,” stated Joan Hoover, Executive Vice President. “His extensive expertise and industry knowledge will be instrumental to our foundation.”

ICAST received the 2016 New Mexico Governor’s Environmental Excellence Award in Resource Stewardship for its work in providing green rehabilitation to multifamily properties across New Mexico.