Asset Management is Here to Stay
Tuesday, November 7: 2:00pm – 3:30pm
IREM will present its newest publication titled, "Real Estate Asset Management: A Process and a Profession," where the different styles of asset management will be discussed. Panel will also explore the different flavors of asset management from the perspective of an owner, investor and lender.
Amy Albery, Wallick Communities
Amy Albery is Senior Vice President of Asset Management at Wallick Communities. In this capacity, Amy leads a team that ensures Wallick-owned properties are financially performing and maximizing returns for its owners, are maintained in with a vision of long-term physical sustainability and are providing safe, affordable housing for its families and seniors. With Wallick's focus on growth, the team is also responsible for taking its multifamily housing and assisted living acquisitions from LOI to closing. Amy joined Wallick in May 2011 as Director of Development. Prior to her time with Wallick, she spent 14 years as principal at a title insurance company, where she oversaw all financial and operational aspects of the company and commercial, tax credit and affordable housing transactions. Amy is active in the real estate field, and has served as an active member of the Affordable Housing Tax Credit Coalition and officer on several real estate associations and non-profits, including serving as president and board member of The Woodlands, a non-profit community resource in Newark, Ohio. Amy has a Bachelor of Science in Business Administration from Ashland University, where she was recognized with the Universities' Senior Honor Award.
Dustin Read, University of Virginia Tech
Dustin C. Read, PhD/JD serves as an Assistant Professor of Property Management and Real Estate at Virginia Tech where he holds the William and Mary Alice Park Junior Faculty Fellowship in the Program in Real Estate. His research and teaching interests include asset management, housing affordability, and urban development.
Kevin Donovan, Fifth Third Bank
Kevin Donovan is Vice President and Sales Manager of the National Tax Credit Lending Group for Fifth Third Bank in Cincinnati, OH. He is a graduate of Thomas More College in Northern Kentucky with a degree in Economics and has his Masters degree in Finance from Miami University, Oxford, Ohio. Kevin has worked in banking for 19 years with a strong Community Development focus. Before his career in banking, Kevin worked in an Economic Development capacity in Northern Kentucky where he managed several incentive programs and was responsible for business development. Kevin is knowledgeable in Low Income Housing Tax Credits, Historic Tax Credits, New Markets Tax Credits, TIF financing, and tax abatements - along with conventional financing tools. Many of the projects he has helped finance at Fifth Third required an assortment of these financial tools to be economically viable. Kevin has provided creative financing structures for many affordable and senior housing projects during his career and has also provided financing for market rate housing, hospitality, health care, education, office, retail, and public infrastructure projects. Kevin lives with his wife, Sally, in Lakeside Park, KY.
Jacques Logan, National Equity Fund (NEF)
Jacques Logan is the Vice President of asset resolution for National Equity Fund, Inc. where he manages any troubled assets as well as post construction risk mitigation efforts. In addition, he oversees a variety of general partner interests for Community Development Advocates, Inc., NEF's general partner subsidiary. Prior to joining NEF in 2011, Mr. Logan served as an asset and transaction manager at Apartment Investment Management Company (AIMCO), where he was involved with LIHTC development, asset management and year 15 dispositions. Jacques received his MBA in Finance and Real Estate from the University of Illinois in Chicago in 2008. National Equity Fund, Inc. is a leading syndicator of Low Income Housing Tax Credits. The Chicago-based non-profit is an affiliate of the Local Initiatives Support Corporation and has played an integral role in creating affordable housing options, revitalizing communities and strengthening local economies for more than 25 years. It has invested $10.7 billion in 2,225 LIHTC developments, creating approximately 135,000 affordable homes for low-income families and individuals. For more information, visit www.nefinc.org.