Nancy S. Rase : Interim CEO, Housing Partnership Equity Trust
Nancy S. Rase is the Principal of Nancy Rase Consulting Services, LLC. The business was created in October 2015 to provide consulting services to housing organizations and public agencies involved in the production and preservation of affordable housing. The primary focus of the business is to assist nonprofit organizations improve their operations and portfolios and become sustainable for the long term and work with public agencies to provide more efficient and effective financing programs for affordable housing.
Ms. Rase is a co-founder and the former President and CEO of Homes for America, Inc. (HFA), a 501(c)(3) tax-exempt housing development corporation located in Annapolis, Maryland. She remains as an Emeritus Director of the organization. HFA specializes in developing and preserving housing, enhanced with services, for low and moderate income households and special needs populations. During her tenure from September 1994 through October 2015 HFA developed or preserved 75 rental communities with over 6,000 apartment homes in the mid-Atlantic states of Maryland, Pennsylvania, Virginia and Delaware.
Prior to HFA, Ms. Rase was the Deputy Director and Director of Housing Development of the Maryland housing finance agency, the Community Development Administration (CDA), until August 1994. During her tenure 255 housing developments with over 13,000 rental apartment homes were financed with tax-exempt bonds, taxable bonds, state loan funds, HOME and Low Income Housing Tax Credits. During her 15 years at CDA Ms. Rase also managed CDA’s rehabilitation loan programs.
Prior to joining CDA Ms. Rase was a manager at a public housing authority in Hagerstown, Maryland where she was responsible for occupancy in 1,000 apartments and managing the agency’s housing choice voucher program.
She currently is on the Boards of: Housing Association of Nonprofit Developers (HAND) and is a past President, Anne Arundel Affordable Housing Coalition, Arundel Community Services, Inc. and Chesapeake Neighbors (an affiliate of the ARC of the Central Chesapeake). She serves on the Development Review Committee of Volunteers of America and the Investment and Asset Management Committee of the Housing Partnership Network.
She has a B.S. in Finance from the University of Baltimore.
David Maggio: Vice President, Housing Partnership Equity Trust
David Maggio joined Housing Partnership Equity Trust in October 2013. As Vice President, he is responsible for the identification and evaluation of new acquisitions as well as the asset management of existing transactions.
David joined HPN from Fannie Mae, where he was the Director of Equity Asset Management and served as an officer of a wholly owned subsidiary real estate operating company created to preserve and enhance the affordability and sustainability of multifamily REO properties owned by Fannie Mae. As Director of Equity Asset Management, David led a team of Underwriters and Asset Managers tasked with the selection, management and workout of various LIHTC and Market Rate equity investments in multifamily real estate. He joined Fannie Mae from the Archon Group, a wholly owned subsidiary of Goldman Sachs where he served in various asset management and underwriting capacities.
David holds a Bachelor of Arts degree in Economics and Political Science from Binghamton University.
Alexandra Salvador: Controller, Housing Partnership Equity Trust
Alexandra Salvador joined Housing Partnership Equity Trust in August 2015 as Controller.
More recently, Alexandra served as Controller for Crossbeam Capital LLC, where she oversaw Fund consolidations and Fund reporting for investors. Previously, she managed the audit of 150+ entities as Audit Manager with Fairfield Residential Company LLC, and later headed the Property Accounting group, where she led monthly investor reporting and supervised a team of accountants. Alexandra also served as Accounting Manager for Triniti Corporation, a software integrations firm, and merged financial reporting processes for its US, Japan and India divisions. Along with expertise preparing financial statements for numerous companies, Alexandra has worked closely with the Acquisitions, Marketing and Asset Management teams to develop budgets.
Alexandra began her career as an auditor in public accounting, working with private and publicly-traded companies, nonprofits and school districts. She earned a Bachelor of Science degree in Business Administration/Accounting from San Diego State University, and is a licensed Certified Public Accountant.
Danté Thomas: Director, Housing Partnership Equity Trust
Danté Thomas joined Housing Partnership Equity Trust in October 2015. As the Director of Real Estate, Danté is responsible for collaborating with nonprofit partners to evaluate new acquisition opportunities and develop long-term strategies for the asset management of existing transactions.
Danté previously worked at the District of Columbia Housing Finance Agency (DCHFA) as a Development Officer, where he was responsible for structuring, underwriting, negotiating, and closing tax exempt mortgage revenue bonds and LIHTCs utilized to finance the acquisition, construction, and/or rehabilitation of affordable multifamily housing projects. Prior to joining DCHFA, Danté held several positions at Fannie Mae, including Senior Asset Manager of multifamily market rate equity and LIHTC equity investments, and Pricing Analyst for the Multifamily DUS Capital Markets and Pricing group.
Danté holds a Bachelor of Business Administration with a concentration in Finance from Georgia State University, and a Master of Science in Real Estate Development from Johns Hopkins University.
Mark Zeisloft : Interim Chief Financial Officer, Housing Partnership Equity Trust
Mr. Zeisloft joined HPET LLC and the Company in February 2016. Mr. Zeisloft is responsible for the Company’s financial strategy and capital raising efforts.
Mr. Zeisloft joins the Company from Trimar Advisers, LLC an advisory firm that he founded. Trimar provides strategic advisory services to boards of directors and executive management teams of community banks and investors in community banks across all facets of the credit risk management process, as well as to investors in real estate. Trimar was formed in 2014 to continue the strategic advisory business of its predecessor firm, Loan Management Solutions, LLC, where Mr. Zeisloft was a Principal/Managing Director. Prior to that role, Mr. Zeisloft served as a Director of Special Servicing for Centerline Capital, where he was responsible for resolving over $240 million of defaulted commercial real estate mortgages held within CMBS/CDO structures. Earlier Mr. Zeisloft spent twelve years at RREEF America, LLC (now known as Deutsche Asset & Wealth Management) as a Managing Director/Portfolio Manager where he managed over $10 billion of public equity investments on behalf of institutional and retail clients. Mr. Zeisloft began his career at The First National Bank of Chicago where he held a variety of credit risk management positions.
Mr. Zeisloft holds a Bachelor of Science degree in Business Administration with Honors from the Kelly School of Business at Indiana University and an MBA in Finance/Accounting/Business Strategy from the University of Chicago Booth School of Business. Mr. Zeisloft is a Chartered Financial Analyst.