IRVINE, Calif., Nov. 23, 2015 (GLOBE NEWSWIRE) -- WNC, a national investor in real estate and community development initiatives, announced today that Kelly Henderson, Esq., a seasoned affordable housing professional with 16 years of experience, has rejoined the firm as senior vice president of originations, responsible for the Northeast region. Henderson previously spent nine years with WNC, from 2006 to early 2015, as senior vice president in acquisitions.
In her new role, Henderson is responsible for property acquisitions and closings in the Northeast, including the states of Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont, as well as Washington, D.C. The company’s existing Northeast portfolio includes 136 affordable housing projects with 11,827 units that have a total development cost of approximately $771.2 million.
Henderson will play a significant role in providing service to WNC’s northeastern clients, as well as developing new relationships with developers in the region.
“We’ve always sought to provide the highest quality of services to our partners,” said Will Cooper Jr., president and chief executive officer of WNC. “Our success is directly related to our ability to attract talented people that come to WNC to make a difference. Kelly exemplifies this in our culture and we are excited to have her join our team as a senior originator building relationships with affordable housing developers in this important market.”
Prior to joining WNC originally in 2006, Henderson served as vice president, director of acquisitions for a national tax credit syndication firm, responsible for all aspects of closing low-income housing tax credit (LIHTC) transactions. She is a licensed attorney, earning her juris doctor degree from the New England School of Law. Henderson earned a bachelor’s degree from the State University of New York at Geneseo.
WNC, founded in 1971 and headquartered in Irvine, Calif., is a national investor in real estate and community development initiatives, as well as a leading investor in low-income housing tax credits (LIHTC). WNC has acquired more than $7 billion of assets totaling in excess of 1,225 properties in 45 states, Washington D.C. and the U.S. Virgin Islands. Since 2000, WNC has been awarded four New Markets Tax Credit (NMTC) allocations, totaling $178 million, and has facilitated development of 17 low-income community projects. WNC’s investor base exceeds 19,500 institutional and retail clients, including Fortune 500 companies, multinational banks, and insurance companies. Additional information is available at www.wncinc.com.
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Source:WNC & Associates