Kittle Property Group Promotes Two Executives
Blake Blanch has been named government vice chairman and chief working officer (COO) and Melissa Tichenor has been named chief monetary officer (CFO) at Kittle Property Group, a pacesetter within the improvement, development, and administration of multifamily properties.
Blake Blanch
Since 2016, Blanch has served as senior vice chairman–finance on the Indianapolis-based agency. In his new function, he’ll oversee the entire firm’s finance, compliance, and knowledge expertise departments in addition to handle Eagle Capital Co., a division of Kittle Property Group. Previous to becoming a member of the agency, Blanch was CFO of the Indiana Housing and Neighborhood Growth Authority and had beforehand served as CFO of the Indiana Finance Authority.
Melissa Tichenor
Since 2011, Tichenor has held a number of monetary management positions at Kittle Property Group, together with vice chairman of accounting, director of accounting, controller–properties, and assistant controller. In her new function, she’s going to put together and oversee the corporate’s company working funds, lead the accounting division within the supply of well timed and correct monetary data, monitor and handle insurance coverage, and direct all Kittle Property Group monetary operations. Previous to becoming a member of Kittle Property Group, Tichenor served as accounting supervisor for Brilliant Home Networks and as an auditor for KPMG.
BRIDGE Housing Broadcasts Strikes
Thuong Luong joins BRIDGE Housing as government vice chairman and chief of workers, efficient Jan. 31.
Thuong Luong
On this newly created function, Luong shall be liable for the general oversight of actual property improvement, portfolio and asset administration, property administration, compliance, analysis and resident packages, and neighborhood improvement, offering day-to-day management and administration in accordance with BRIDGE’s mission and core values. BRIDGE is a number one nonprofit developer, proprietor, and supervisor of inexpensive housing in California, Oregon, and Washington.
Previous to becoming a member of BRIDGE, she was the chief funding officer of Gehr Hospitality, the place she oversaw the agency’s resort portfolio with a deal with growth and led the sourcing, acquisition, financing, and asset administration of present and future investments.
Luong has additionally labored on the Laurus Corp., Credit score Suisse Financial institution, and Deutsche Financial institution Securities. She additionally served on the board of inexpensive housing nonprofit A Neighborhood of Associates.
In one other transfer, Erik Lund has been promoted to vice chairman of finance and accounting and joins the group’s senior management workforce.
Lund joined BRIDGE in 2016 as property administration controller and was named company controller in 2019. As vice chairman, he’ll proceed his function as company controller with vital new obligations, together with main the finance workforce, constructing out forecasting capabilities, managing inside lending, and analyzing and executing Treasury and funding methods.
Previous to BRIDGE, Lund spent seven years at Novogradac & Co., the place he supplied audit and tax return providers for purchasers within the inexpensive housing, nonprofit, and actual property industries.
Beacon Communities Makes Key Appointments
Diana DiPreta has joined Beacon Communities as senior vice chairman, improvement finance. She’s going to work carefully with the agency’s improvement and acquisition groups throughout their workplaces in Albany, New York; Boston; and Pittsburgh.
Diana DiPreta
In her new function, DiPreta will construction debt and fairness, negotiate time period sheets and agreements, and participate in implementing finance transactions. As well as, she shall be liable for creating and refining professional forma fashions of forecasted income, bills, and tax credit score foundation used for structuring low-income housing tax credit score financing and related lending merchandise in addition to streamlining negotiated phrases and finance processes throughout new improvement workplaces.
Webb Chappell
Alessandra de Vaca
She most not too long ago served as senior vice chairman at WNC in New York. She brings extra expertise from prior roles at Financial institution of America Merrill Lynch, Santander, and Blackheath Monetary.
Beacon Communities, a Boston-based trade chief in inexpensive, market, and mixed-income property improvement, additionally has promoted Alessandra de Vaca to chief human assets officer and Jacques Ben-Avie to the newly created function of chief of workers.
Previous to her promotion, de Vaca was government vice chairman, human assets and coaching, for 2 years. In her new function, she’s going to proceed to supervise expertise acquisition, whole rewards, worker relations, and studying and improvement. She may also proceed to play a pivotal function in shaping Beacon’s response to the challenges of the COVID-19 pandemic associated to work operate and processes. Moreover, she’s going to be sure that Beacon efficiently navigates the assorted organizational improvement and labor market wants inherent with the corporate’s continued development.
Jacques Ben-Avie
Ben-Avie has been with Beacon Communities for over 4 years. In his new function, he’ll assist Beacon’s COO and can lead the execution of particular challenge initiatives throughout the corporate. He began on the agency as an intern earlier than climbing the ranks as a enterprise course of analyst and director of particular initiatives.
Pennrose Makes Strategic Management Adjustments
Mark Dambly
Pennrose has introduced title modifications amongst its principal management to higher mirror the evolution of the obligations of every. Mark H. Dambly has been named CEO, liable for guiding the strategic course of the corporate’s shared providers departments, property operations, and firm tradition. Timothy I. Henkel has been named president and shall be liable for all companywide improvement actions. His direct reviews will embody all improvement senior vice presidents and regional vice presidents. Richard Okay. Barnhart stays government chairman, persevering with to supervise the debt, fairness, authorized/compliance, and asset administration features of the group.
Timothy Henkel
“As we glance to Pennrose’s future, the expansion of our senior executives continues to be a precedence,” mentioned Barnhart. “These modifications will allow every of us to focus our obligations as we transfer by the subsequent part of our organizational improvement and permit others to advance.”
Pennrose management is engaged in creating a brand new strategic plan to information initiatives and techniques for the subsequent 4 years. The first areas of focus of the plan are development and diversification, human capital, companywide succession planning, and DEI.
Richard Barnhart
“Via the collaboration of a gifted workforce of improvement professionals, we’ve expanded the manufacturing of inexpensive housing models in new markets and have grown the event workforce by greater than 30 people. We are going to proceed our dedication to native and regional improvement management,” mentioned Henkel. “We’re honored to assist the entities we’re partnering with obtain their housing objectives for low-income people and households.”
Headquartered in Philadelphia, Pennrose develops and operates standard, inexpensive, mixed-income, and mixed-use communities all through the U.S.
Acacia Community Broadcasts New Executives
Lymaris Albors has been appointed CEO of Acacia Community, a number one supplier of social providers and the most important Hispanic-led nonprofit in New York state. She takes over the function after a few years as COO and government vice chairman.
Argenis Apolinario for Acacia Community
Lymaris Albors
As her first order of enterprise as CEO, Albors introduced that, consistent with her dedication to organizational capacity-building and high quality enchancment, she has introduced on two extra members to the manager workforce in newly created roles. Luis Trinchet will function chief housing officer, and Dr. Jessica Periods will function inhabitants well being director to guide key initiatives within the areas of housing and well being care.
At Acacia Community, Albors has been a change agent dedicated to strategic development, monetary sustainability, and operational excellence. Along with paving the way in which for networkwide integration and organizational restructuring throughout a interval of exponential development, she spearheaded Acacia Community’s growth to Puerto Rico in addition to its footprint in housing and humanities and tradition.
Argenis Apolinario for Acacia Community
Luis Trinchet
Trinchet, will oversee the group’s portfolio of inexpensive, supportive, and transitional housing, with a deal with actual property improvement and growth. Acacia Community manages 1,860 models of inexpensive and supportive housing, with 100 models underneath development as sole developer and an extra 2,434 models underneath improvement as a part of joint ventures.
He beforehand served as secretary of the Puerto Rico Division of Housing, president of the board of administrators for the Puerto Rico Housing Finance Authority, and president of the board of administrators for the Puerto Rico Housing Public Administration.
Periods may also function medical director for Acacia Community’s Ramon Velez Well being Middle within the Bronx, a Federally Certified Well being Middle. She brings almost twenty years of expertise as a practitioner and administrator within the well being care area, together with 16 years on the William F. Ryan Neighborhood Well being Middle within the Higher West Facet.
Raul Russi, who has helmed Acacia Community for twenty years, will stay as president to focus on increasing its inexpensive housing portfolio and different key strategic initiatives. The announcement coincides with Russi’s 20th anniversary with the group
McKeown Turns into President of CPC
Sadie McKeown has been promoted to president of the Neighborhood Preservation Corp. (CPC), a number one nonprofit multifamily finance firm. She’s going to work alongside CEO Rafael E. Cestero.
McKeown, who was not too long ago government vice chairman and head of development lending and initiatives, is an trade chief and an knowledgeable in inexpensive housing, neighborhood improvement, and sustainable housing. She’s going to lead the implementation of CPC’s strategic development plan and the growth of the corporate’s impression by its lending, fairness, and impression investing actions, in addition to overseeing its quite a few initiatives. She’s going to proceed to work carefully with John Cannon, president of CPC Mortgage Co., an company lending subsidiary, to align all of CPC’s merchandise and instruments underneath the general CPC model.
McKeown has served at CPC for almost three a long time and has led the corporate’s development lending actions, together with the operation of its six regional area workplaces positioned all through New York state. She additionally oversaw quite a few CPC initiatives, together with its modern sustainability observe, the ACCESS fund to strengthen and assist BIPOC builders and actual property entrepreneurs, its partnership with each New York state and metropolis to manage storm restoration funding, and its current partnership with the state in offering COVID reduction funding to small multifamily constructing homeowners.