Our client is a highly-regarded regional real estate development and construction company focused on workforce and affordable housing projects using Low Income Housing Tax Credits (“LIHTC”) and Historic Tax Credits (“HTC”) as a source of funding.
The company engaged SCI to fill a critical role in the succession plan for its financial department, a director-level executive reporting to the CFO, and overseeing a team including an Asset Manager, Senior Accountant, and Staff Accountant. The position manages the financial and operational aspects of a growing multifamily rental portfolio which consists of affordable, market-rate apartments and a component of commercial space.
The search resulted in the hiring of an asset management executive with experience overseeing portfolios of mixed-income multifamily properties with several highly-respected organizations.
SCI also completed the following assignments on behalf of this client: