Member News

Member News

Lucius Vassar Becomes Chief Legal Officer and Corporate Secretary at Cinnaire

Cinnaire announced the promotion of Lucius Vassar to chief legal officer and corporate secretary. Lucius joined Cinnaire in 2018 as the Detroit Market Lead and was promoted to corporate counsel and EVP, equitable engagement.

Member News

KeyBank Provides Financing for Cleveland Foundation Midtown Collaboration Center

KeyBank Institutional Advisors and KeyBank Community Development Lending and Investment (CDLI) provided $30 million of financing to the Cleveland Foundation (TCF) for the construction of the 95,000-square-foot Midtown Collaboration Center (Center) located in Cleveland’s MidTown and historic Hough neighborhoods.

Member News

Min Park Becomes Senior VP at Merchants

Merchants Capital announced that Min Park has joined the team as senior vice president, Balance Sheet Construction at the New York office.

Member News

Cinnaire’s New Board Members & Fund 39 Closing

Cinnaire announced the appointment of three new Board members to join the organization’s Board of Directors to provide strategic direction supporting continued growth around Cinnaire’s commitment to investing in people and places to transform communities.

Member News

Key Bank Financing for Cleveland Foundation Midtown Collaboration Center

KeyBank Institutional Advisors and KeyBank Community Development Lending and Investment (CDLI) announced that it provided $30 million of financing to the Cleveland Foundation (TCF) for the construction of the 95,000-square-foot Midtown Collaboration Center (Center) located in Cleveland’s Midtown and historic Hough neighborhoods.

Member News

Shaun Donovan Selected as Enterprise’s CEO

Enterprise announced that they selected former HUD secretary and national housing leader Shaun Donovan as the next CEO and president, starting September 1. 

Member News

Greg Glater Joins CohnReznick as Assurance Partner

CohnReznick announced that Greg Glater has joined the firm as a partner in its Assurance practice.

Member News

Hunt Capital Partners Closes Maryalice and Handsel

Hunt Capital Partners (HCP) announced the closing of LIHTC equity financing for Maryalice Circle Apartments (Maryalice) and Handsel Morgan Village (Handsel) located in Buford, GA, a suburb located 33 miles northeast of Atlanta.

Member News

Community Builders Receives Build Health Challenge Award

The Community Builders (TCB) announced their selection to receive the BUILD Health Challenge award.

Ohio

Franklinton Development’s Groundbreaking of Sterling Yard

Franklinton Development Association announced the Ceremonial Groundbreaking for Starling Yard, 120 South Central Avenue in Columbus, OH, which was held on May 16, 2023.

Member News

Standard Communities Becomes a B Corporation

Standard Communities announced that they are now certified as a B Corporation following a rigorous review of the impact of its business model and operations on staff, stakeholders, communities and the environment.

Member News

Merchants Capital Markets Platform

Merchants Capital announced $1.1 billion in securitization through the growth of its Capital Markets platform, led by Senior Vice President Evan Gibson. The platform focuses on providing liquidity and capital relief for its parent company Merchants Bank of Indiana.

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