Strategies in Acquiring and Preserving HUD Projects


Wednesday, November 8: 10:45am – 12:15pm

This session will focus on the ever changing world of acquiring and rehabilitating existing HUD properties, and the strategies behind getting these projects done in today's market. Topics of discussion will include: acquiring Section 8 properties and portfolios, analyzing properties within your portfolio for rehabilitation, and strategies for developing your project from concept through rehabilitation.


Moderator:

Monica Hilton Sussman, Nixon Peabody
Monica Hilton Sussman is a former deputy general counsel for HUD. She brings nearly 30 years of experience in affordable housing, Section 8 and FHA multifamily programs. Monica represents developers in all types of affordable housing transactions and continues her strong relationship with HUD headquarters and regionally.


Speakers:

David Lakari, Renewal Development Associates
David Lakari is President of Renewal Housing Associates, LLC of Portland, Maine, which is a joint venture with Leon N. Weiner & Associates, Inc. of Wilmington, Delaware. Renewal Housing Associates acquires and rehabilitates existing federally assisted multifamily housing to preserve its affordability. Before forming Renewal Housing in 2001, Lakari was Executive Director of the Maine State Housing Authority from 1994-1999. Except during this period of government service, Lakari has been a real estate owner, developer, manager and consultant. He is an active volunteer, having served on many non-profit boards, including most recently trustee of the Maine Historical Society, board chair of Spring Harbor Hospital, and a volunteer with the Portland Mentoring Alliance. Lakari is a graduate of Goddard College and the University of Maine School of Law.

Paul Singerman, Singerman, Millis Law Firm

Tony Love, Rose Community Capital