Asset Management with April and Miranda - The Developers Perspective on AM
Release Date: 03/31/2024
Episode 5: Understanding New Market Tax Credits with Peter Giles and Max Novak
Advancing Communities
Join us for a special episode of Cinnaire’s Advancing Communities Podcast, featuring the asset management series AM With A&M. Hosted by asset management experts April Priebe and Miranda Bialk, this series dives into strategies, insights, and resources for professionals working in the field of asset management. In this episode, April and Miranda welcome Peter Giles, Senior Vice President of Public Funding, and Max Novak, NMTC Program Manager, both from Cinnaire. With a combined 20 years of experience, Peter and Max break down the intricacies of New Market Tax Credits (NMTC) and their role...
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Identifying and Managing Troubled/Special Assets
Advancing Communities
Cinnaire’s Advancing Communities Podcast includes a special asset management series called AM With A&M. Asset management experts April Priebe (A) and Miranda Bialk (M) bring together thought leaders, policy makers, and others to discuss issues, share strategies and provide resources to professionals working in the field of asset management (AM). In this month’s podcast, April and Miranda invite Kristin Bolan, manager, special and stabilized assets, Cinnare, to discuss how asset managers identify emerging risks and work to stabilize troubled assets. Kristin has...
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Asset Management with April and Miranda - The Developers Perspective on AM
Advancing Communities
Cinnaire’s Advancing Communities Podcast includes a special asset management series called AM With A&M. Asset management experts April Priebe (A) and Miranda Bialk (M) bring together thought leaders, policy makers, and others to discuss issues, share strategies and provide resources to professionals working in the field of asset management (AM). In this month’s podcast, April and Miranda invite Joseph Hankes, Senior Asset Manager for the Wisconsin Housing Preservation Corp. to talk about asset management from the developer's perspective. As a senior asset manager, Joseph is responsible...
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Episode 2 Beth Baar Special Guest
Advancing Communities
Cinnaire’s Advancing Communities Podcast includes a special asset management series called AM With A&M. Asset management experts April Priebe (A) and Miranda Bialk (M) bringing together experts in the asset management industry to discuss issues, share strategies and provide resources to professionals working in the AM field In this month’s podcast, April and Miranda invite Beth Baar, Manager, Construction & Lease Up with Cinnaire to explain the vital role Asset Management plays within the affordable housing industry. She discusses the importance of having open...
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Asset Management with April and Miranda
Advancing Communities
Introduction to Asset Management with April and Miranda In their new series on Cinnaire's Advancing Communities podcast, AM With A&M, April Priebe (A) and Miranda Bialk (M) will be introducing listeners to the world of asset management (AM). April is an asset manager for Cinnaire’s special assets and Miranda is an asset manager for construction and lease up. Together they have over 22 years of experience working in affordable housing, specifically with property and asset management. The AM With A&M podcast is designed to discuss...
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Advancing Communities Podcast: Repositioning Public Housing - Understanding RAD and Its New Guidelines
Advancing Communities
Cinnaire’s Advancing Communities Podcast 2023 Episode 2 brings together Monty Childs, Senior Vice President, Cinnaire, with thought leaders, policy makers, and developers who are making an impact on the community development and affordable housing industries. In this episode, Monty moderates a panel discussion on how Housing Authorities can reposition and restructure their portfolios to make them more affordable and successful. Panel experts include Peter Levavi, Executive Vice President, Brinshore Development; Karly Brinla, VP of Development, Brinshore; Ron Clewer, Illinois Market...
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Just Action Book Discussion with Author Richard Rothstein
Advancing Communities
The Advancing Communities Podcast features Cinnaire team members conversations with thought leaders, policy makers and others who are making a difference in the community development industry. In this episode, Chris Neary, Cinnaire SVP Policy, Research and Advocacy, sits down with Richard Rothstein, the author of two important books -- The Color of Law: a Forgotten History of How our Government Segregated America, and a new book Just Action: How to Challenge Segregation Enacted Under The Color of Law. In The Color of Law, Richard provided a convincing and...
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Jumpstart Wilmington: Program Graduates Jumpstart Development in Wilmington
Advancing Communities
Cinnaire’s Advancing Communities Podcast brings together our Chief Strategy Officer, Jim Peffley, with thought leaders, policy makers, and others who are making an impact in the community development and affordable housing industries. Our guests share their experiences and perspective on a range of topics, each supporting the belief that all people deserve the opportunities provided by living in healthy communities. In this episode, Jim sits down with Dionna Sargent, Vice President of Community Development at Cinnaire who launched Jumpstart Wilmington, a program that was...
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Jumpstart Wilmington: Training Program Provides Aspiring Developers Skills and Resources to Build Wealth and Revitalize Neighborhoods
Advancing Communities
Each month, Cinnaire’s Advancing Communities Podcast brings together our Chief Strategy Officer, Jim Peffley, with thought leaders, policy makers and others who are making an impact in the community development and affordable housing industries. Our guests share their experiences and perspective on a range of topics, each supporting the belief that all people deserve the opportunities provided by living in healthy communities. In this episode, Jim sits down with Ken Weinstein, founder of Jumpstart Germantown, and Dionna Sargent, Vice...
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Private Equity Investors Seeking Windfall Returns at Y-15 - Opa-Locka CDC Wins Key Lawsuit in Florida
Advancing Communities
In this episode of the Advancing Communities Podcast, Cinnaire’s Chief Strategy Officer Jim Peffley continues his three-part series examining a growing crisis in the affordable housing industry where private equity funds or other investors are seeking above windfall returns at Year 15. By ignoring Right of First Refusal agreements and forcing owners to either make large payments to retain ownership or force a sale, these profit motivated investors are jeopardizing mission-focused organizations and our nation’s affordable housing stock. ...
info_outlineCinnaire’s Advancing Communities Podcast includes a special asset management series called AM With A&M. Asset management experts April Priebe (A) and Miranda Bialk (M) bring together thought leaders, policy makers, and others to discuss issues, share strategies and provide resources to professionals working in the field of asset management (AM).
In this month’s podcast, April and Miranda invite Joseph Hankes, Senior Asset Manager for the Wisconsin Housing Preservation Corp. to talk about asset management from the developer's perspective. As a senior asset manager, Joseph is responsible for developing and maintaining strategic asset management, financial management, and risk management activities for WHPC, the largest owner of affordable rental housing in the State of Wisconsin.
In this podcast, you’ll learn about:
• The importance of collaboration between the asset management team and the development team, particularly in the early stages of development
• What to consider when assessing risk levels from the construction phase through lease-up
• What demarcates the construction phase from the lease-up phase
• The importance of monitoring actual outcomes vs. projections to ensure compliance, particularly in the first year.
• How to develop contingency plans if compliance is endangered
• And how a Tik Tok challenge sparked an asset management crisis.
On the next episode of AM with A&M, April and Miranda will discuss emerging risk and special assets.
About Our Moderators:
April is an asset manager for Cinnaire’s special assets and Miranda is an asset manager for construction and lease up. Together they have over 22 years of experience working in affordable housing, specifically with property and asset management.
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Joe Hankes’s bio – Episode 3
Joseph is a Senior Asset Manager for the Wisconsin Housing Preservation Corp., a nonprofit affordable housing owner and developer with assets of $620M consisting of over 8,993 units located throughout the State of Wisconsin. In his role he is responsible for developing and maintaining strategic asset management, financial management, and risk management activities for the company’s portfolio. He helps oversee portfolio performance, stakeholder reporting, and insurance administration. Working with external and internal partners, his responsibilities include oversight of third-party management companies, capital planning, and refinancing/disposition of assets.
Joseph received a BA in General Management from the University of Wisconsin - Whitewater. He is also a Certified Asset Manager (CHAM) and holds a Novogradac Property Compliance Certification (NPCC). Joseph enjoys spending time with his family, traveling, hiking, reading, basketball and cooking. He lives in Beaver Dam WI with his wife, son, and daughter.