Monarch Private Capital Welcomes Industry Veterans to Bolster Asset Management Team
29 Julio 2024 - 7:00AM
Monarch Private Capital (Monarch), a nationally recognized impact
investment firm that develops, finances and manages a diversified
portfolio of projects generating both federal and state tax
credits, is excited to announce the addition of Hayley Suminski and
Kiana Wood to its Asset Management team. These strategic hires
underscore Monarch’s commitment to accommodating the company’s
growth and continuing to provide best-in-class oversight on our
projects for our investors.
Hayley Suminski joins Monarch Private Capital
as Director, Asset Management. Hayley will oversee the firm’s
historic tax credit portfolio. Monarch will leverage Hayley’s
knowledge of all sides of the commercial real estate business
including acquisitions, underwriting analysis, portfolio
management, lending parameters and capital markets solutions as the
firm continues to optimize its historic tax credit portfolio and
capitalize on current market opportunities. Hayley previously
managed a $6.4 billion portfolio for Deutsche Bank Berkshire
Mortgage and was most recently a top loan origination producer at
KeyBank Real Estate Capital. She graduated cum laude with a BA in
economics and a minor in finance from Simmons College.
Kiana Wood joins Monarch Private Capital as
Senior Associate, Asset Management. Kiana will be overseeing
Monarch’s Low-Income Housing Tax Credit (LIHTC) portfolio,
leveraging her extensive experience in affordable housing.
Previously, as a financial analyst at Columbia Residential, Kiana
led aspects of asset performance and strategic planning for a
portfolio of stabilized LIHTC multifamily properties.
“By ensuring meticulous oversight, we can enhance project
outcomes, mitigate risks and deliver superior returns to our
investors,” said Emily DiCenso, Managing Director,
Asset Management at Monarch Private Capital. “The addition of
Hayley and Kiana to our team highlights our dedication to hiring
industry veterans to maintain the highest standards in asset
management.”
About Monarch Private Capital
Monarch Private Capital manages impact investment funds that
positively impact communities by creating clean power, jobs and
homes. The funds provide predictable returns through the generation
of federal and state tax credits. The Company offers innovative tax
credit equity investments for affordable housing, historic
rehabilitations, renewable energy, film and other qualified
projects. Monarch Private Capital has long-term relationships with
institutional and individual investors, developers, and lenders
participating in these federal and state programs. Headquartered in
Atlanta, Monarch has offices and professionals located throughout
the United States.
CONTACTJane RafeedieMonarch Private
Capitaljrafeedie@monarchprivate.com470-283-8431
Photos accompanying this announcement are available
at:https://www.globenewswire.com/NewsRoom/AttachmentNg/cb673464-97f0-499a-a293-c1447bf59c87https://www.globenewswire.com/NewsRoom/AttachmentNg/2c75d89d-485e-4edb-b330-85bb46ed1bb0