Robert Golden Named Chief Government Officer of Boston Monetary

BOSTON–Boston Monetary, one of many largest syndicators of U.S. Low-Earnings Housing Tax Credit (“LIHTC”), introduced that Robert “Rob” Golden has been named Chief Government Officer (CEO) of the agency, efficient Might 28^th.

Mr. Golden has over 25 years of reasonably priced housing and finance expertise and will probably be primarily based in Boston. As CEO, Mr. Golden will work with Boston Monetary’s Management Workforce to construct on the agency’s industry-leading platform and deep investor and developer relationships to create alternatives for future progress and affect. He will probably be accountable for overseeing all features of the corporate’s operations, technique, and efficiency, with a powerful deal with additional advancing Boston Monetary’s mission of investing in reasonably priced housing and group growth. He may even be a part of the agency’s Government and Funding Committees.

Mr. Golden joins Boston Monetary after a 19-year profession at Capital One Group Finance, the place he was most not too long ago Head of Originations, accountable for main debt and fairness manufacturing efforts for the agency. In his function he developed and executed a complete technique to maximise origination quantity and income progress and oversaw annual manufacturing of over $1.6 billion. Previous to this function, Mr. Golden was Head of Fairness, Portfolio Administration, and Enterprise Evaluation, and designed and developed Capital One’s LIHTC funding program from inception. Over his profession, he has led the funding of over $8 billion in LIHTC, ensuing within the creation of hundreds of reasonably priced housing items.

“We’re thrilled to welcome Rob to Boston Monetary,” mentioned Marie Reynolds, Chief Working Officer and Chief Monetary Officer, Boston Monetary. “With a profession that’s been targeted on reasonably priced housing, and his ardour for making a optimistic affect on communities throughout the U.S., our groups and Rob share the identical philosophy on innovation and affect, dedication to our communities, and dedication to our investor and developer companions. We’re trying ahead to having him on board and to the evolution and progress of our agency underneath his management.”

“I’ve spent my profession engaged on artistic options associated to the continuing reasonably priced housing disaster, so I’m really honored to affix the agency that I imagine has been a trailblazer and the head of the reasonably priced housing {industry} for over 55 years,” mentioned Mr. Golden. “As our {industry} appears to be like to new concepts and progressive approaches, I look ahead to connecting with the groups to attract on their experience and expertise and work collectively to develop and implement methods that deepen our present relationships, in addition to increase capabilities for the broader funding group.”

Mr. Golden beforehand served as a Board Member of the Inexpensive Housing Tax Credit score Coalition and as President of the Inexpensive Housing Investor Council (AHIC). He began his profession with roles in industrial actual property and industrial banking at Wells Fargo and Financial institution of America. Mr. Golden holds a BBA in Finance from James Madison College and an MBA from the College of Richmond.

“Boston Monetary’s management and workers have constructed a market main enterprise with a powerful status for long run relationships, dedication, and {industry} information, and Rob is an ideal complement to this high-performing group,” added Jeff Abrams, Group Head of Personal Credit score and Actual Property at ORIX Company USA, the dad or mum firm of Boston Monetary. “Boston Monetary is a extremely profitable a part of the ORIX USA platform and an impactful enterprise that’s an integral a part of our bigger U.S. consumer providing. We look ahead to growing additional partnerships throughout the bigger ORIX USA platform and to supporting Rob and the Management Workforce as they begin this new chapter.”

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