Senior Asset Manager
[RETIRED] Senior Asset Manager at PNC Bank's Affordable Housing Preservation Investments, which creates real estate investment funds which invest in affordable housing. Responsible for the real estate asset management of a nationwide (New York to Los Angeles and points in between), affordable multi-family real estate portfolio. Properties are purchased through the multi-bank owned funds, which have thus far acquired approximately 14,000 affordable housing units. The intent is to preserve and… Show more [RETIRED] Senior Asset Manager at PNC Bank's Affordable Housing Preservation Investments, which creates real estate investment funds which invest in affordable housing. Responsible for the real estate asset management of a nationwide (New York to Los Angeles and points in between), affordable multi-family real estate portfolio. Properties are purchased through the multi-bank owned funds, which have thus far acquired approximately 14,000 affordable housing units. The intent is to preserve and extend long-term affordability utilizing Low Income Housing Tax Credits, which also create Community Reinvestment Act credits for the Preservation funds’ bank investors. All real estate purchased through the funds is managed by third party, regional property management companies, which specialize in the day-to-day management of the properties. Show less