PAGE 2
ACQUISITIONS Q & A WITH BRAD BULLOCK, CONT.
help accelerate their productivity and knowledge of the industry. It has also benefited CREA by providing better standardization between offices as we continually upgrade our investment committee process. The fourth quarter of 2021 is starting to see more travel as we recently lifted our essential travel only policy. We are slowly engaging in industry
conferences and look forward to what is ahead.
...continued from page 1
To also help support our efforts, we created an AVP position in the originations group to develop new hires who model and process business opportunities in support of the Originators for review by our investment committee. This allows us to hire very capable staff who may not have much LIHTC experience and
2022 will be an exciting year with the prospect of the potential affordable housing legislation enhancing the number and types of affordable housing created and a base of experienced and capable developer clients ready to meet the challenge with CREA as their partner.
EMPLOYEE SPOTLIGHT: MIKE REGAN, CONT.
...continued from page 1
developer friends made the decision to join CREA pretty easy. Everyone has welcomed me with open arms and the initial remote experience, which included lots of video calls, far exceeded my expectations. I am glad to be meeting people in the Boston office and recently had
property that was transformed into a successful privately-owned mixed income/use property which subsequently inspired the Hope VI program. I had the opportunity to meet the developer and wrote a paper on the benefits of mixed income housing versus traditional public housing for history class. From there, I studied financial economics in college and followed it up with a certificate in real estate finance and coursework in urban affairs and real estate. I’ve spent over 15 years working on LIHTC Dispositions; I’d like to think that I’ve seen it all, but know there will always be a new wrinkle on the next transaction. I’ve also had the opportunity to serve on the Board of Directors for the Council for Affordable and Rural Housing (CARH) and currently serve on the CARH Scholarship Foundation’s board. CARH and other advocacy groups play a central role in the
Welcome to CREA, Mike! You joined us in early 2021. How have the first ten months been going? Changing jobs during a pandemic was not at the top of my agenda, but the excellent feedback that I received from both investor and
the opportunity to visit Indianapolis. I am excited for the future of CREA.
Can you share a little about your background and previous work experience? My dad purchased a small fourplex apartment building when I was a young kid. I did everything there, from landscaping and painting to turning, remodeling and renting units. I attended high school next to Harbor Point Apartments in Boston, one of the country’s first examples of a failing public housing
Made with FlippingBook - Online Brochure Maker