Enterprise Community Development to host panel discussion on how the pandemic has impacted the housing market Thursday, May 13, 2021 at 2:00 p.m.
Investment interest in affordable housing communities has reached an all-time high due to historically low interest rates. A flood of capital has entered the Mid-Atlantic market pushing affordable property sales to a 10-year high with market cap rates at all-time lows. New buyers are entering the Mid-Atlantic market hoping to achieve these projected high returns. How will this shift the market? Is this good or bad?
Enterprise Community Development (ECD), the largest Black-led and Mid-Atlantic nonprofit housing provider and fifth-largest non-profit affordable housing provider in the country, will host “Affordable Housing: Preservation at a Crossroad,” a panel discussion on Thursday, May 13, 2021 at 2:00 p.m. led by industry professionals on the current housing market in the pandemic to address these topics and more.
Featured panelists include:
- Brian McLaughlin, President and CEO, Enterprise Community Development (moderator)
- McLaughlin is president and CEO of the largest Black-led and Mid-Atlantic nonprofit housing provider and fifth-largest non-profit affordable housing provider in the country having developed more than 16,000 well-designed homes in over 100 communities across the Mid-Atlantic. He has 22 years of diverse experience managing real estate business lines across the nonprofit, public and for-profit sectors.
- Christopher Donald, Executive Director/CEO, DC Housing Finance Agency
- Donald has an exceptional background in real estate finance and community development in the DMV area, with over 15 years of experience in the industry. Throughout his career, he has completed over $1 billion in real estate financing. In his current role as the Interim Executive Director for the DC Housing Finance Agency, he oversees the overall coordination and strategic direction of the agency.
- Nina Janopaul, CEO, Arlington Partnership for Affordable Housing
- Janopaul has achieved impressive accolades in her 14 years with APAH. In her first two years serving as CEO, all her efforts were put towards saving the small three-person company during the midst of the 2008 Great Recession. Since then, she has grown the organization to be worth more than $525 million, and APAH is recognized as a top-50 industry leader in affordable housing today.
- Thibault Manekin, Partner, Seawall Development
- Manekin obtained his B.S. in Marketing from Lehigh University. He currently serves as partner for Seawall, a community-based organization working to re-imagine the real estate industry. He also runs his own podcast, Larger Than Yourself, with a target mission to amplifying voices that are turning small ideas into industry game changers.
- Pamela West, Managing Director, Nuveen
- West earned her M.B.A. in Finance and Real Estate from the University of North Carolina at Chapel Hill. In her current position with the Teachers Insurance and Annuity Association of America (TIAA), she uses her keen eye for global real estate investment to achieve high yields for her clients, while maintaining a sustainable investment strategy.
This virtual event is free and open to the public. Those interested in attending can register online now at https://enterprisecommunity.zoom.us/webinar/register/WN_v9yTNDmyQU-GZkzz3FwHXw.
WHAT: Enterprise Community Development hosts panel discussion
“Affordable Housing: Preservation at a Crossroad”
WHEN: Thursday, May 13, 2021
2:00 p.m. EST
WHERE: This event is virtual and will be help via Zoom.
ADMISSION: This event is free and open to the public. Registration is required.
Enterprise Community Partners is a proven and powerful nonprofit that improves communities and people’s lives by making well-designed homes affordable and connected to opportunity. As a social enterprise, we bring together the nationwide know-how, policy leadership, partners, donors and investors to multiply the impact of local affordable housing development. Over more than 35 years, Enterprise has created 662,000 homes, invested nearly $53 billion and touched millions of lives. Join us at www.EnterpriseCommunity.org.
Enterprise Community Development (ECD) specializes in high-impact residential development, property management and resident supportive services. With 60 years of collective experience, ECD was formed in January 2020 through the combination of Enterprise Homes, Inc. and Community Preservation and Development Corporation. Setting high standards for community planning, affordable housing and a curated residential experience, ECD strives to continue leading innovative solutions in the Mid-Atlantic’s housing market. The fifth-largest non-profit affordable housing provider in the country, and the largest regional provider in the Mid-Atlantic, ECD has developed more than 16,000 well-designed homes in over 100 communities across the Mid-Atlantic. ECD has offices in Baltimore, Washington, DC and Richmond and is part of the Enterprise family of companies. For more information, visit https://www.EnterpriseCommunity.org/financing-and-development/community-development.
