Member News

Bellwether Enterprise, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment, announced the expansion of its Affordable Housing Group, hiring Lundat Kassa as a vice president based in the Washington DC office and promoting three leaders to the executive vice president level: Victor Augusta in Raleigh, NC; Jon Killough in Montgomery, AL; and NH&RA board member, Jim Gillespie, New York, NY.

Two of Woda Cooper Companies, Inc.’s newest properties in Ohio recently earned LEED certifications. Fairwood Commons in Columbus was rated LEED Platinum, the U.S. Green Building Council’s highest level in its LEED for Homes program. Audubon Crossing in Dayton earned the second highest rating possible with LEED Gold. 

Tiber Hudson LLC is pleased to announce the addition of Robert “Rob” Kearbey as a partner in the Washington, DC-based firm. 

Rob has a multifaceted practice representing lenders, borrowers, underwriters, bond issuers, developers and others in commercial real estate and transactional finance. He has extensive experience in affordable multifamily housing finance, with a focus on LIHTC and Section 8, having spent many years representing Freddie Mac’s Targeted Affordable Housing team both as inhouse and outside counsel.

Pennrose was selected as Master Developer by the Virgin Islands Housing Authority (VIHA) for the disaster recovery and redevelopment efforts in St. Thomas. The redevelopment efforts will serve as Pennrose’s first projects in the U.S. Virgin Islands and Caribbean and is planned for approximately 700 units on St. Thomas. Pennrose will partner with Jackson Development […]

Joe Hagan, president emeritus at the National Equity Fund, Inc. (NEF) and Lyndel J. “Joe” Wishcamper, president at The Wishcamper Companies, Inc. will receive the 2019 Affordable Housing Vision Award in recognition of their stewardship and expansion of affordable housing opportunities for low-income families around the country.  The awards will be presented at a luncheon […]

In this article, Louis Dolan and Juan García with Nixon Peabody describe the implications of a recent decision out of the Eastern District of New York concerning rights of first refusal (ROFR). The decision provides a very effective roadmap for litigating these disputes in federal court and suggests some arguments that property developers and investors […]

Enterprise opened its public comment period on the 2020 Green Communities Criteria. Maintaining the same eight categories, the 2020 Green Communities Criteria is looking at new ways to explore how the criteria can contribute to: improving resident health; strengthening homes’ resilience; managing developers’ upfront costs while improving building performance; and promoting equitable outcomes.

The Tidwell Group, LLC announced Patty Azallion, William Brookshire, Damien Cassell, Andy Gantzer, Chris Ofat and Jeanne-Marie Smith as its newest partners. 

The 2019 Pennsylvania Tax Act signed by Pennsylvania Governor Tom Wolf on June 28, 2019— made several changes to Pennsylvania tax laws. The Act adds Opportunity Zone conformity for personal income tax, adopts new sales tax provisions and amends other tax and credit provisions. Read more in this analysis from Ballard Spahr.

Pennrose was recognized as a Healthiest Employer by the Philadelphia Business Journal. This was the fifth time that Pennrose has received this recognition. The award recognizes the company for its commitment to employee health and for achieving exceptional and sustainable success through a broad range of company and employee wellness initiatives.

Howard Cohen, who founded of Beacon Communities, will be honored with the Outstanding Impact award at Citizens’ Housing and Planning Association’s (CHAPA) 52nd Annual Dinner. Mr. Cohen is a leader in affordable housing, having led the production and preservation of more than 8,000 affordable homes and previously serving with Massachusetts Law Reform Institute, Cambridge Housing Authority, Boston Housing Authority, MassHousing, and Mintz, Levin.

Bellwether Enterprise Real Estate Capital LLC (Bellwether Enterprise), the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc. (Enterprise), hired Jeff Bradley as a senior vice president to work with its Affordable Housing Group in the Dallas office. Jeff is responsible for originating commercial real estate loans with a specialization in affordable and market rate multifamily housing, and he also serves industry, hospitality and single tenant net lease sectors nationwide.