Marc D. Schnitzer, President

Marc Schnitzer is a long-recognized affordable housing finance and LIHTC Program industry leader. As R4 Capital founder and president, he oversees day-to-day operations in the New York office, including property acquisitions and the origination and structuring of institutional funds. Mr. Schnitzer has 28 years of commercial real estate experience, specializing in affordable housing tax credits for 25 years. Previously, Mr. Schnitzer served as President, Chief Executive Officer, and a member of the Board of Trustees of Centerline Capital Group, a publicly traded trust, from 2006 to 2010; President and a member of the Board of Trustees of CharterMac (Centerline's predecessor company) from 2003 through 2006; and was a principal and employee of Related Capital Company (CharterMac's privately held predecessor company) from 1986 through 2003. While at Centerline and its predecessor companies, Mr. Schnitzer assembled and led a team that raised and deployed $10 billion of investor equity in a portfolio of more than 1,400 affordable housing properties nationwide. He was responsible for a multifamily mortgage banking business and servicing portfolio in excess of $7 billion, a tax-exempt affordable housing mortgage bond portfolio in excess of $2.7 billion, and a commercial mortgage-backed securities (CMBS) investment and servicing business. Mr. Schnitzer is a frequent speaker at industry conferences and a member of the Affordable Housing Tax Credit Coalition. He earned the MBA from The Wharton School of The University of Pennsylvania and the Bachelor of Science in Business Administration, summa cum laude, from the Boston University School of Management. Email Marc

Peter Dion, Executive Vice President

Peter Dion is an Executive Vice President of R4 Capital and is based in the firm's Boston office. Mr. Dion manages the team responsible for origination and acquisition of properties throughout the US. He has 27 years of real estate experience, including 15 years focused on affordable housing tax credits. Previously, Mr. Dion served as Managing Director and Senior Vice President of KeyBank Real Estate Capital's LIHTC Private Equity Group, building its equity under management from $0 to $1.6 billion raised and invested over a 10-year period. Through Mr. Dion's stewardship, KeyBank became a major player in the LIHTC and Historic Tax-Credit markets. Following KeyBank, Mr. Dion served as CFO/Director of Acquisitions and Finance at MassInnovation, a "Smart Growth" real estate developer and property manager, where he managed development of the $200-million historic Wood Mill project in Lawrence, MA. He also served as Senior Vice President at First Atlantic Capital, a large affordable housing development and investment company, where he was involved in the redevelopment and recapitalization of a significant portfolio of LIHTC and Section 8 properties. Early in his career, Mr. Dion served as Chief Underwriter and Senior Acquisitions Associate at Boston Capital and Senior Loan Officer at First Bank. Mr. Dion earned the Bachelor of Business Administration from the University of Massachusetts, Amherst. Email Peter

Jay Segel, Executive Vice President

Jay Segel is an Executive Vice President of R4 Capital based in the firm's Boston office, where he is responsible for acquiring housing tax-credit properties for R4 Capital. Mr. Segel has 18 years of real estate experience, including 17 years focused on LIHTC properties. During his career, he has been responsible for more than $1 billion of closed real estate transactions over a 20-plus year career in real estate underwriting, acquisitions, portfolio management, and syndication. Previously, Mr. Segel was a Senior Vice President with Stratford Capital where he was responsible for the origination and acquisition of LIHTC equity investments. Prior to Stratford Capital, he held positions in LIHTC originations for eight years at MMA Financial, for three years at Boston Capital, and was a portfolio manager at Fleet Bank (since acquired by Bank of America). Mr. Segel is a member of the Board of Directors of the National Housing & Rehabilitation Association (NH&RA) and is a frequent speaker at Novogradac, IPED, and NH&RA conferences. He received the Bachelor of Arts in Finance from Ithaca College and earned the MBA from Boston University. Email Jay

Ronne Lynn Thielen, Executive Vice President

Ronne Lynn Thielen is an Executive Vice President of R4 Capital. She is based in the firm's Santa Ana, CA office, where she is responsible for running West Coast operations as well as acquiring housing tax-credit and bond-financed properties throughout the US. Ms. Thielen has spent her 35-year real estate finance and investment career as an affordable housing advocate and has been a LIHTC industry leader since inception of the program in 1986. Previously, Ms. Thielen was the Founding Principal of Housing Resource Connection (HRC), a consulting firm focused on the Low-Income Housing Tax Credit (LIHTC) industry. Prior to HRC, Ms. Thielen was a Managing Director in the Affordable Housing Group of Centerline Capital Group from 1994 to 2011, where she managed its California office and was responsible for acquiring tax-credit and bond-financed properties throughout the US. Ms. Thielen has been an active member of numerous national and state associations that address affordable housing issues. She is the Immediate Past President and Chairman of the Board of the Affordable Housing Tax Credit Coalition, a Past Chairman and current board member of the National Housing & Rehabilitation Association, and a board member of the California Housing Consortium. She also serves on the board of Abode Communities, a non-profit LIHTC developer in Los Angeles. Before her 17 years at Centerline, Ms. Thielen served as Executive Director of the California Tax Credit Allocation Committee from 1991 to 1994. Prior to that she was Deputy Director for program and policy development at the National Council of State Housing Agencies and, before that, she served at the Vermont Housing Finance Agency in the areas of multifamily finance and asset management. Ms. Thielen received the Bachelor of Arts degree from Cornell University. Email Ronne

Glenn Hopps, Senior Vice President, Controller
Glenn Hopps is a Senior Vice President and the Controller of R4 Capital and is based in the firm's New York office. From 2008 to 2012, Mr. Hopps served as the Chief Financial Officer of the NHP Foundation, a non-profit organization primarily focused on developing and rehabilitating affordable housing across the US. Prior to joining NHP, Mr. Hopps was a Senior Vice President and Controller at Centerline Capital Group, a publicly traded trust, from 2006 to 2008, and had been employed by its various predecessor companies since 1990. While at Centerline, Mr. Hopps was responsible for quarterly and annual financial reporting for over $10 billion of LIHTC investor equity in a portfolio of more than 1,400 housing properties nationwide. Mr. Hopps began his career in public accounting and, from 1986 to 1990, primarily provided auditing services to real estate companies in New York City. He holds the Bachelor of Science in Accounting from the State University of New York at Albany. Email Glenn

Paul Connolly, Senior Vice President

Paul Connolly is a Senior Vice President of R4 Capital and is based in the firm's New York office. Mr. Connolly is responsible for acquiring housing tax-credit properties for R4 Capital. Prior to joining R4, he was Vice President of Acquisitions at PNC Real Estate, where he was responsible for the origination and acquisition of LIHTC properties across the Mid-Atlantic and Midwest regions. Previously, he was an acquisitions officer with National Equity Fund. Mr. Connolly also has worked for Allied Irish Bank, where he consulted with non-profit organizations developing affordable housing, and Lutheran Social Ministries of New Jersey, where he led a development team in the production of affordable housing. Mr. Connolly earned the Master of Arts in City Planning from the University of Pennsylvania and the Bachelor of Science in Economics and East Asian studies from New York University. Email Paul

Brian Blue, Vice President, Chief Underwriter
Brian Blue is a Vice President and Chief Underwriter of R4 Capital and is based in the firm's Boston office. Mr. Blue has more than 10 years of experience in asset management and credit analysis of both market-rate and affordable multifamily housing. Prior to joining R4 Capital, Mr. Blue was a Senior Asset Manager at Recap Real Estate Advisors, where he underwrote LIHTC properties, monitored underlying asset performance, provided recommendations for asset resolution, and assisted in the implementation of distressed asset action plans. Prior to joining Recap, Mr. Blue served as Vice President of Asset Management for Potomac Realty Capital, where he oversaw the firm's structured commercial real estate loan portfolio and oversaw the underwriting and closing of approximately $1.2 billion of structured and permanent financings. Mr. Blue also has served as an asset manager with Arbor Realty Trust / Arbor Commercial Mortgage, where he provided asset management of structured product loans with a principal balance in excess of $250 million across a variety of property types. Mr. Blue earned the Bachelor of Science, magna cum laude, from Bucknell University. Email Brian

Greg Doble, Vice President, Director of Asset Management
Greg Doble is a Vice President and the Director of Asset Management of R4 Capital and is based in the firm's Boston office. Mr. Doble has more than 12 years of experience in LIHTC asset management, most recently with Recap Real Estate Advisors. Previously, Mr. Doble served as Vice President and Senior Asset Manager for Bank of America's Tax Credit Asset Management Group, where he oversaw LIHTC investments in excess of $750 million and worked extensively with investments in the construction, lease-up, and pre-conversion stages. While at Bank of America, Mr. Doble worked with developers throughout the country and assisted in dispositions, sales, and fund investing. Prior to his work at Bank of America, Mr. Doble managed LIHTC developments as an asset manager with MassHousing and as a property manager with Corcoran Management Company. He is a Certified Tax Credit Compliance Professional through Spectrum and received his Accredited Residential Manager certification from the Institute of Real Estate Management. Mr. Doble is an active member of REFA and NH&RA, and he holds the Bachelor of Science from the Carroll School of Management at Boston College. Email Greg

Jason Gershwin, Vice President

Jason Gershwin is a Vice President of R4 Capital. Based in the R4 New York office, he is a member of the tax-credit fund origination and management team that includes responsibility for investor relations and the structuring, marketing, and oversight of R4 tax-credit offerings. Prior to joining R4, Mr. Gershwin served as Vice President and General Counsel at Alternative Capital Partners, a boutique financial services and advisory firm focused on tax-advantaged and opportunistic investment opportunities in the affordable housing industry. While at ACP, Mr. Gershwin led the restructuring of a bankrupt LIHTC developer and worked on raising LIHTC equity for several high profile projects. Previously, he was a Vice President of Westminster Communities and Kushner Companies, where he directed over $1.5 billion of real estate development and construction, including mixed-use urban redevelopments, townhomes, condominiums, single family homes and active adult communities. Mr. Gershwin began his career as an Associate at Weil, Gotshal & Manges LLP in the firm's Private Equity Group. He serves on the Board of the Jewish Community Housing Corporation and as Chairman of the Annual Myasthenia Gravis Foundation Gold Classic. He earned the Juris Doctorate from the University of Pennsylvania Law School, and the Bachelor of Business Administration, magna cum laude, from the Emory University Goizueta Business School. Email Jason

Alex Magliozzi, Vice President

Alex Magliozzi is a Vice President of R4 Capital and is based in the firm's New York office. Mr. Magliozzi joins R4 Capital from MIT, where he completed the Master of Arts in both Real Estate Development and Urban Planning. While at MIT, Mr. Magliozzi focused on affordable housing development and finance, and was a member of the winning team in the 2011 Greater Boston Affordable Housing Development Competition. Previously, Mr. Magliozzi worked as a tax credit and development advisor at Affirmative Investments in Boston. Mr. Magliozzi also worked on the development and marketing teams at Beacon Communities in Boston and Sloss Real Estate in Birmingham, Alabama. In addition to the two Master of Arts he earned from MIT, he earned the Bachelor of Arts from Wesleyan University. Email Alex

Brian McMahon, Vice President

Brian McMahon is a Vice President of R4 Capital and is based in the firm's Santa Ana office. Mr. McMahon joined R4 Capital from Credit Suisse, where he was instrumental in building a commercial mortgage-backed securities (CMBS) platform from the ground up and led the development of its proprietary underwriting model. Prior to joining Credit Suisse, Mr. McMahon was a Vice President at Oasis Real Estate Partners, a start-up firm advising clients on commercial real estate (CRE) and CMBS investments, where he served as project manager on commercial mortgage underwritings valued at more than $1.2 billion. Mr. McMahon began his real estate career at Goldman, Sachs & Co. in 2004, executing CMBS and real estate collateralized-debt obligations (CDO) securitizations. He joined Goldman in 1998, serving in a variety of roles related to financial reporting and expense control. Mr. McMahon earned the Master of Arts and the Bachelor of Arts from the University of Virginia. Email Brian

Lindsay Soyka, Vice President

Lindsay Soyka is a Vice President of R4 Capital and is based in the firm's New York office. Prior to joining R4 Capital, she served as Director of Affordable Multifamily Housing at Centerline Capital Group, with management responsibility for a $3-billion portfolio of affordable housing investments totaling 550 properties and 60,000 units. Previously, Ms. Soyka worked in the Affordable Debt group at Centerline, where she was responsible for the origination and execution of the Company's direct private placement tax-exempt bond program as well as loan production for credit enhanced debt, including Fannie Mae and Freddie Mac, representing over $1.2 billion of financings. Prior to joining Centerline in 2004, Ms. Soyka was a financial analyst with Lehman Brothers in Equity Sales and Syndication. Ms. Soyka earned the Bachelor of Science in Finance from Lehigh University. Email Lindsay

Maria Gomez, Vice President
Maria Gomez is a Vice President at R4 Capital based in the firm's New York City office. Prior to joining R4 Capital, Ms. Gomez served as Vice President and Assistant Controller at Centerline Capital Group from 1997-2014. While at Centerline, she was responsible for quarterly and annual financial reporting for over $10 billion of LIHTC investor equity in a portfolio of more than 1,400 housing properties nationwide. Ms. Gomez began her career as an accountant for a large company in the garment industry before transitioning to commercial real estate accounting. Ms. Gomez holds a BS in Accounting from Queens College, City University of New York. Email Maria
Chris Sullivan, Assistant Vice President, Asset Manager

Chris Sullivan is an Assistant Vice President and an Asset Manager of R4 Capital and is based in the firm's Boston office. Prior to joining R4 Capital, Mr. Sullivan was an Asset Manager at Boston Capital, where he oversaw LIHTC investments in excess of $240 million and managed a portfolio of affordable housing investments in various stages of construction, rehabilitation, lease-up or stabilization. Prior to Boston Capital, Mr. Sullivan was an Asset Manager for Potomac Realty Capital where he monitored a commercial real estate loan portfolio with a principal balance of over $66 million. He is a Housing Credit Certified Professional (HCCP) through NAHB and a member of the NAIOP Commercial Real Estate Development Association. Mr. Sullivan earned the Bachelor of Arts in Finance from the University of Massachusetts, Amherst. Email Chris

Kim Spinney, Asset Manager
Kim Spinney is an Asset Manager with R4 Capital and is based in the firm's New York office. Prior to joining R4 Capital, Ms. Spinney worked in the Asset Management Group at Hunt Capital Partners, where she was responsible for a portfolio of $220 million in LIHTC investments, including those within the REO portfolio. Prior to Hunt Capital Partners, Ms. Spinney served as Vice President of Affordable Multifamily Housing at Centerline Capital Group as part of the Workout and Debt Modification Team, responsible for equity and debt restructurings, including the reissuance of 36 TEBS in the Freddie Mac bond portfolio. Ms. Spinney began her career at Boston Capital as an Investment Analyst and also spent two years as a Senior Associate at Moody's Investor Services, focused on RMBS. Ms. Spinney holds the Bachelor of Science in Finance and Marketing from Northeastern University and a Certificate in Real Estate Finance from New York University. Email Kim
Elaine Magil, Senior Associate

Elaine Magile is a Senior Associate of R4 Capital and is based in the firm's Boston office. Ms. Magil brings nearly 10 years of experience in affordable housing and community economic development, and most recently worked in commercial lending at TD Bank, N.A. Ms. Magil recently completed the Public & Non-profit MBA program at Boston University's School of Management. Prior to that, Ms. Magil held managerial roles at several social service and housing non-profits, and consulted with Community Development Corporations in Boston. Earlier in her career, Ms. Magil oversaw low- to moderate-income homeownership programs for a community-based housing agency in Seattle, assisting hundreds of homebuyers in Mandarin, Spanish, and English, and originated over 50 down-payment assistance applications. Ms. Magil earned the Bachelor of Arts from Georgetown University. Email Elaine

Becca Ickowicz, Associate

Becca Ickowicz is an Associate of R4 Capital and is based in the firm's New York office. Prior to joining R4, Ms. Ickowicz was a real estate analyst for IR Capital, a real estate advisory and investment firm. While at IR Capital, she was responsible for developing cash-flow projections, market analyses, and investor presentations. Ms. Ickowicz began her career as the Director of Research & Marketing for HVS, a global hospitality consulting firm. She earned the Bachelor of Science in Hotel Administration from Cornell University. Email Becca

Dan Shurts, Associate

Dan Shurts is an Associate of R4 Capital and is based in the firm's New York office. Prior to joining R4 Capital, Mr. Shurts worked in the Affordable Multifamily Housing group at Centerline Capital Group. While at Centerline, he served as an Associate responsible for overseeing a portfolio of distressed LIHTC assets, was a member of Centerline's asset-level debt refinancing team, and worked as a project manager to help close two portfolio restructurings totaling 32 distressed assets in which Centerline had originated both the debt and equity financing. Previously, Mr. Shurts was an Analyst in Centerline's Performing Asset Management group, where he oversaw a portfolio of LIHTC assets with net invested equity in excess of $350 million. He began his career as a Strategy and Transformation Consultant for IBM Global Business Services. Mr. Shurts holds the Bachelor of Science in Finance, with a minor in Real Estate, from Lehigh University. Email Dan

Brandon Adams, Associate Underwriter

Brandon Adams is an Associate Underwriter of R4 Capital and is based in the firm's Boston office. Prior to joining R4 Capital, Mr. Adams served as an FHA Underwriter at Arbor Commercial Mortgage, where he was responsible for credit analysis and underwriting of both rehabilitation and new construction of market-rate and affordable multifamily housing insured by HUD. Previously, Mr. Adams was a paralegal at Harmon Law Office, P.C., a firm retained to represent financial institutions in federal bankruptcy court. Mr. Adams holds the Bachelor of Arts from Plymouth State University. Email Brandon

Adam Cohen, Financial Analyst
Adam Cohen is a Financial Analyst of R4 Capital and is based in the firm's New York office. Prior to joining R4 Capital, Mr. Cohen was a financial editor at BrightWire, a financial media firm servicing hedge funds and private equity investors. While at BrightWire, Mr. Cohen focused on US-based real estate developers. Mr. Cohen has experience in LIHTC acquisitions and investor relations. He earned the Bachelor of Arts from Washington University in St. Louis. Email Adam

Luann Strohmeyer, Underwriting Analyst
Luann Strohmeyer is an Underwriting Analyst with R4 Capital based in the firm's New York office. Prior to joining R4, Ms. Strohmeyer was an Accounts Payable Manager and Analyst at Recap Real Estate Advisors, where she handled accounts payable functions, monitored performance of distressed assets, and assisted with writing responses to Requests for Proposals. Ms. Strohmeyer began her career in law and politics, and served as Director of Research for a national non-profit organization, where she helped manage several successful legislative campaigns, including a statewide ballot initiative. She earned the Bachelor of Science, summa cum laude, from Northeastern University. Email Luann

Laura Pfortmiller, Office Manager
Laura Pfortmiller is the Office Manager of R4 Capital and is based in the firm's New York office. For seven years prior to joining R4 Capital, she served as the Executive Assistant of the Affordable Housing Department at Centerline Capital Group. In addition to the Bachelor of Science she holds in Music and Master of Arts she holds in Vocal Performance, Ms. Pfortmiller earned a Professional Studies certificate from Manhattan School of Music. Email Laura

 

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