Housing Partnership Equity Trust
Board of Directors Board of Directors

Board Chair

Cynthia Parker, President and Chief Executive Officer, BRIDGE Housing; Board Chair, Housing Partnership Equity Trust

Ms. Parker is responsible for the overall direction of BRIDGE Housing, as well as its major affiliates, including BUILD, an investment advisor to the California Public Employees’ Retirement System under the California Urban Real Estate Program, and BASS, a licensed life care provider.  She joined BRIDGE Housing as President and CEO in February 2010. Ms. Parker brings over 35 years of diverse and relevant experience, most recently as Regional President for Mercy Housing and President of Intercommunity Mercy Housing. Prior to her tenure at Mercy Housing, she served as Senior Vice President for Seattle-Northwest Securities, a public finance firm, where she oversaw affordable housing, commercial and public facility real estate financing in five Northwest states.

Previously, Ms. Parker worked for the City of Seattle, where she established the new Office of Housing, doubled the agency’s housing production and managed a $61 million biannual budget. Earlier, she served as the Executive Director of Anchorage Neighborhood Housing Services and General Board of Portland Student Services. A former President of the National Neighborhood Housing Network and a former director of the Federal Reserve Bank of San Francisco, Ms. Parker has chaired the Sound Families Initiative for the Bill & Melinda Gates Foundation. She currently serves as a director of the National Affordable Housing Trust, the Federal Home Loan Bank of Seattle, the Housing Partnership Network, the OneCalifornia Foundation and the Non-Profit Housing Association of Northern California.

Ms. Parker holds a BA in Political Science/Urban Studies from Portland State University.

Board Members

David Adame, President and Chief Executive Officer, Chicanos Por La Causa, Inc.

Mr. Adame serves as President and Chief Executive Officer of Chicanos Por La Causa, Inc. (“CPLC”).  He served as CPLC’s President and Chief Economic Development Officer with responsibility for economic development operations in Arizona, Nevada, and New Mexico, including overseeing property management, real estate and commercial development, single and multi-housing services, housing counseling services, small business lending, employment services, and social ventures. Previously, he served as CPLC’s Chief Operating Officer and Chief Financial Officer.

Mr. Adame has more than 20 years of operational management experience in both for-profit and non-profit environments. Prior to joining CPLC, Mr. Adame served as Vice President of Arizona Operations for McCormack Baron & Salazar. Prior to joining McCormack Baron & Salazar in 2003, Mr. Adame was the Senior Deputy Director of Fannie Mae’s Arizona Partnership Office.  Mr. Adame also spent three years as Program Officer with the Phoenix Office of the Local Initiatives Support Corporation (“LISC”).  He also worked for Bank One Arizona for eight years, managing and underwriting residential and commercial loans.

Mr. Adame is chairman of the Arizona Housing Commission, a position appointed by the Governor of Arizona.  He holds a BS in Business from Arizona State University (“ASU”) and an MBA from the ASU School of Global Management.

Luke Apicella, Manager, Prudential Impact Investments Private Equity, LLC

Mr. Apicella, Manager of Prudential Impact Investments Private Equity, LLC, has over nine years of impact investing experience. As a manager with Prudential Impact Investments, he is responsible for origination and asset management activities that have grown the portfolio to $1 billion. He covers numerous relationships, industries, private asset types, and impact objectives. Mr. Apicella serves on the boards and/or committees for several portfolio companies, including the Company, a community development financial institution, and a local start-up. His signature transactions include a term loan for an innovative charter school in New York City with performance pay for teachers, a co-investment with a leading private equity fund in a high growth sustainable consumer goods company and a next vintage investment in a top performing affordable housing private equity fund. Mr. Apicella started his career with Prudential and soon after became an analyst with Impact Investments responsible for portfolio management activities including valuation, forecasting and reporting.

Mr. Apicella has degrees in sustainability management from Columbia University (MS), finance from New York University (MBA) and entrepreneurship from Syracuse University (BS).

Collete English Dixon, Executive Director, Marshall Bennett Institute and Chair of Real Estate, Heller College of Business, Roosevelt University

Ms. English Dixon is Executive Director of the Marshall Bennett Institute of Real Estate and Chair of Real Estate, Heller College of Business Roosevelt University.

Ms. English Dixon has more than 30 years in investment management with a focus on commercial real estate investing. Prior to her current role at Roosevelt University, she was Executive Director—Transactions for PGIM Real Estate (formerly known as PREI), a business unit of Prudential Financial, and co-leader of PREI’s national investment dispositions program. In that role, she oversaw the sale of more than 201 investment properties located throughout the US, with a total value of more than $8.7 billion, on behalf of PREI’s investment funds. Prior to her role in dispositions, she was responsible for sourcing more than $2.75 billion of wholly-owned and joint venture real estate investment opportunities in the Midwestern markets covering all property types, including office, multi-family, hotel, industrial and retail properties.  Ms. English Dixon’s experience also includes property development and asset management.

She is a Past President of CREW Network, a Past Chair of the CREW Network Foundation, a Past President of CREW Chicago, a full member of ULI and the 2016-2019 Chair of the UDMU Council/Purple. She is a former member of the Advisory Board for the Graaskamp Center at the University of Wisconsin-Madison, a board member of Lambda Alpha International-Ely Chapter and of the Chicago Forum of the International Women’s Forum. Ms. English Dixon is also a member of the Board of Directors of the Oak Park River Forest Food Pantry.

Neal Drobenare, Senior Vice President, Acquisitions, The NHP Foundation

Mr. Drobenare is the Senior Vice President, Acquisitions of The NHP Foundation. As Senior Vice President, Mr. Drobenare is responsible for new business development for The NHP Foundation, including the acquisition of new affordable housing developments.  Prior to The NHP Foundation, Mr. Drobenare was a principal at Northstar Development and Consulting where he was responsible for developing 346 units of LIHTC multifamily housing and provided real estate advisory services to non-profits and governmental entities, including the Washington, DC Mayor’s Office and the DC Housing Authority.

Mr. Drobenare also serves on the Board of the National Affordable Housing Trust.  He holds a JD from SUNY Buffalo Law School.

David Ferrero, Currently unaffiliated; formerly Partner at Alcion Ventures and Director of Real Estate Investments at Harvard Management Company

David Ferrero has built his reputation by delivering results, with expertise across the full spectrum of the real estate investment arena. Mr. Ferrero brings the ability to align investment strategy, business development, operations and investor relations.

At Alcion Ventures, Mr. Ferrero was instrumental in turning around and growing the business of a young firm affected by the recession. He helped set, implement and execute the investment strategy, built a real estate platform, raised the firm’s investment funds, and established operational policies to ensure sustainable growth of the firm’s assets. He also played a pivotal role in driving Alcion’s organizational development.

As Director of Real Estate for Harvard Management Company, he guided the turnaround and growth of the firm’s declining institutional real estate investment portfolio.

Prior to joining Harvard Management Company, Mr. Ferrero served as Principal and Vice President of Charlesbank Capital Partners and was with Aldrich Eastman & Waltch. During this time, he directed strategy and investment decisions leading to the growth of the portfolio from $1B to nearly $3B with returns consistently exceeding 20%.

Mr. Ferrero serves on the Advisory Boards of both KAP Group and PropCap, LLC. Mr. Ferrero is a CFA and is a member of the CFA Institute and Boston Security Analysts Society.

Mr. Ferrero has a B.S. in Economics from the Wharton School of Business at the University of Pennsylvania.

Aaron Gornstein, President and Chief Executive Officer, Preservation of Affordable Housing, Inc.

Mr. Gornstein became the President and Chief Executive Officer of Preservation of Affordable Housing, Inc. in June 2015. He provides overall leadership and oversight of the organization, including strategic planning, financial management, supervision of the executive team, and external relations and partnerships.

From 2012-2015, Mr. Gornstein served as undersecretary for the Massachusetts Department of Housing and Community Development, under former Governor Deval Patrick, where he greatly expanded rental assistance and homeless prevention programs, reformed and improved state public housing, and launched a comprehensive supportive housing initiative.

Prior to that, he served as executive director of Citizens’ Housing and Planning Association for 21 years, where he spearheaded passage of state and federal legislation, launched innovation programs and helped to form numerous coalitions.

Mr. Gornstein earned a BA in Political Science from the University of Wisconsin-Madison and an MA in Urban and Environmental Policy from Tufts University. He is a Senior Research Fellow at Harvard University’s Joint Center for Housing Studies and serves on the board of directors of the Technical Assistance Collaborative and the Massachusetts Community Preservation Coalition.

Linda Mandolini, President, Eden Housing, Inc.

Ms. Mandolini is President of Eden Housing, California’s second oldest non-profit housing developer.  Eden has developed or acquired more than 10,500 units throughout California. Ms. Mandolini oversees affordable housing production, resident support services and property management components of the organization, and a staff or more than 340 employees.

Under Ms. Mandolini’s leadership, Eden has become one of the most productive and successful nonprofit affordable housing developers in California. Eden has received numerous awards including being named to Best Places to Work in the Bay Area in 2012, 2015, and 2016 and Healthiest Employers in the Bay Area by the San Francisco Business Times for the past five years in a row (2012-2016).

Ms. Mandolini is a leader in housing policy on the local, state and national level.  She serves or has served on the Board, and held leadership positions with The Housing Trust of Silicon Valley, Non-Profit Housing Association of Northern California, California Housing Consortium, National Housing Conference, Enterprise Communities’ Leadership Council and International Housing Policy Exchange.

Ms. Mandolini was inducted into the Alameda County Women’s Hall of Fame in 2017 and has been honored with the 2016 SF Business Times Forever Influential Women” award, 2011 SF Business Times “Northern California Real Estate Women of Influence” award, 2011 Affordable Housing Management Association (AHMA) Pioneer Award and 2008 East Bay Business Times “Women of Distinction” award.

Ms. Mandolini received her AB from Wheaton College in Massachusetts, and MBA from Boston University.

Jeff Meyers, Director, Structured Lending and Investments, Citi Community Capital

Mr. Meyers is a Director in the Structured Lending and Investments group of Citi Community Capital, a department within Citi’s Municipal Securities Division responsible for the bank’s impact investing and community development lending activities.

Since joining Citi in 2010, Mr. Meyers has been involved in the origination, structuring, closing and portfolio management of various structured debt and equity investments, including those in the affordable housing, charter schools, healthcare, energy efficiency and alternative financial services sectors.  Prior to joining Citi, Mr. Meyers spent six years in the Investment Banking and Debt Capital Markets divisions of Bank of America Merrill Lynch, where he focused on debt and equity financings for clients in the real estate, gaming and lodging sectors.

Mr. Meyers holds a BS in Economics and Mathematics from the University of California, Santa Barbara and Series 7 and 63 securities licenses from FINRA.

J. Michael Pitchford, President and Chief Executive Officer, Community Preservation and Development Corporation

Mr. Pitchford, President and Chief Executive Officer of the Community Preservation and Development Corporation (“CPDC”), is responsible for the overall strategic direction and management of the real estate development and community development programs of its affordable housing communities.

Through his decade of service on the board of the National Housing Conference, including a three-year stint as its President, Mr. Pitchford has developed a strong understanding of how national and local policy impact housing affordability. This understanding, coupled with his leadership skills in generating a shared vision with employees, has helped him build a strong infrastructure at CPDC for stable and rapid growth.

Mr. Pitchford has participated in or led associations, workshops, conferences and forums on policy, networking and affordable housing best practices.  He has served in leadership roles with the National Equity Company, the Urban Land Institute, the Washington Area Housing Partnership, the District of Columbia, Northern Virginia, the Maryland Building Industry Associations and the Old Dominion University Board of Visitors.

Previously, Mr. Pitchford led the Community Development Equity Group at Bank of America Corporation (the “CDEG”) in Charlotte, North Carolina.  During his tenure, the CDEG developed or rehabilitated 23,000 units of affordable housing and increased equity commitments by 3,000%.  These affordable housing communities featured Make A Difference Centers, community life programs tailored to the needs of the resident population and providing such services as computer training for residents of all ages, career and academic mentoring, and on-site health clinics.

Mr. Pitchford is a member of the Urban Land Institute and chairs its Affordable Housing Council.  He serves on the Board of the National Equity Company, the National Housing Conference and the Center for Housing Policy, and is the Immediate Past Chairman of the National Housing Conference.

Mr. Pitchford holds Bachelor’s and Master’s degrees from Old Dominion University.

Rebecca Regan, President, Capital Markets, Housing Partnership Network, Inc.

Rebecca Regan is President of the Housing Partnership Network Capital Markets Companies. In that role, she develops and manages the Network’s capital markets relationships, oversees its philanthropic equity, and CDFI and external communications work.

Ms. Regan previously served as chief operating officer for Boston Community Capital as well as president of its Loan Fund.  Prior to joining Boston Community Capital, she held executive, real estate lending and management positions with Bank of America, Fleet Bank, Bank of Boston and BayBank.

She was appointed by the governor of Massachusetts to MassHousing’s Home Ownership Advisory Committee and serves as a director on the boards of New Ecology, Inc., Community Health Center Capital Fund, COHIF, NeighborWorks Capital and is a member of the Regional Advisory Committee of the Low Income Investment Fund.

Ms. Regan holds a BSBA from the Boston University School of Management and an MBA from Babson College.

Brian Shuman, Chief Financial Officer, LINC Housing Corporation

Mr. Shuman is the Chief Financial Officer of LINC Housing Corporation.  Prior to joining LINC Housing, Mr. Shuman served as Chief Financial at Forum Real Estate Group.  Mr. Shuman also served as Chief Financial Officer for Griffis Residential, Carmel Partners and Mercy Housing.  He also served as Senior Vice President of Finance for Aimco, an S&P 500 multifamily housing REIT. Mr. Shuman has served on the board or as a trustee of HPN, Mercy Loan Fund, Stewards for Affordable Housing and the National Affordable Housing Trust.

Mr. Shuman holds a BA in Economics and Accounting from the University of Maryland and is a Certified Public Accountant.

Peter Vilim, Co-Founder and Vice Chairman, Waterton

Mr. Vilim co-founded Waterton in 1995 and serves as Vice Chairman.  Waterton is a vertically integrated private equity real estate investment manager which owns and operates a portfolio of 20,000 apartment units and 12 hotels across the U.S. on behalf of institutional investors.  Mr. Vilim focuses on Waterton’s strategic initiatives and leads the firm’s audit committee. Mr. Vilim also participates on Waterton’s leadership and investment committees.

Prior to co-founding Waterton in 1995, Mr. Vilim was an investment officer with Berkshire Realty Company, Inc. (“Berkshire”), responsible for Midwest acquisitions, dispositions and financings.  Prior to joining Berkshire, Mr. Vilim was the investment officer for Amli Realty Co.  Mr. Vilim started his career as a certified public accountant, working in the national real estate tax practice departments of both Coopers & Lybrand and Peat Marwick Mitchell.

Mr. Vilim is President of the board of directors of All Chicago – Making Homelessness History, serves on the Programming Development Committee for Inspiration Corporation and the Development Committee of The Cara Program, is a trustee of The Cuore E Mani Foundation and is an Executive in Residence at Elmhurst College.

Mr. Vilim holds a Bachelor’s in Accountancy from the University of Illinois and a Master’s in taxation from DePaul University.