President and Chief Executive Officer
Ms. McCulloch joined HPET in April 2017. As the Company’s Chief Executive Officer, Ms. McCulloch is responsible for all aspects of the Company’s business and operations.
Ms. McCulloch was previously Fannie Mae’s Senior Vice President for Credit and Housing Access with responsibility for expanding Fannie Mae’s business in emerging multicultural markets and expanding consumer access to sustainable mortgage credit and affordable housing. During her 18 year career at Fannie Mae, Ms. McCulloch was also Deputy General Counsel for Fannie Mae’s Multifamily Mortgage Business. In this role she provided leadership and legal advice across every aspect of multifamily housing ownership and finance, managing a 31 person legal team with responsibility for a $200 billion book of rental housing debt and equity investments. Prior to that position, Ms. McCulloch served as joint Chief of Staff to Fannie Mae’s Chief Executive Officer and first non-executive Chairman, providing a liaison between executive management, the Chairman and the board of directors.
Ms. McCulloch also held positions with the United States Department of Housing and Urban Development, the Federal Deposit Insurance Corporation and the Resolution Trust Corporation. Ms. McCulloch began her legal career representing community groups and environmental groups in New Orleans, LA.
She is currently chair of the Board of Governors of the National Housing Conference and a member of the advisory board of governors of NAREIT, Fannie Mae’s Affordable Housing Advisory Council, and the board of directors of the National Association of Affordable Housing Lenders. She was previously on the advisory boards of the Harvard Joint Center for Housing Studies, the Tulane Fund, the Moelis Institute for Affordable Housing Policy at New York University, VOANS CDE, Inc. and NCB CDC. She is a member of the Economic Club of Washington and the Federal City Council. She has been honored by Housing Wire and by Washington Business Journal as an industry and business leader.
Ms. McCulloch holds a BA in American Studies and a JD from Tulane University.
Executive Vice President, Finance and Investor Relations
Mr. Glatting joined HPET in April 2019 as Executive Vice President, Finance and Investor Relations. Mr. Glatting is responsible for HPET’s financial strategy and capital raising efforts.
Prior to joining HPET, Mr. Glatting served as Treasurer of Capital Impact Partners, a national community development financial institution that has deployed over $2.7 billion to serve more than 5 million people and create more than 37,000 jobs in sectors critical to building equitable communities. Earlier, Mr. Glatting worked in the finance department at Calvert Impact Capital and as an investment analyst at Prudential Capital Group. Mr. Glatting holds a Master of Economics degree from Macquarie University, Sydney, Australia and a Bachelor of Arts in Economics and Political Science from St. Norbert College, Wisconsin. He also studied at the London School of Economics, London, England and at Fudan University, Shanghai, China.
Chief Investment Officer
Mr. Cunningham joined HPET in July 2019 as Chief Investment Officer. He is responsible for HPET’s real estate portfolio strategy and execution, leading the deployment of capital in multifamily housing and working with HPET’s partners in the selection, acquisition, and management of properties. Prior to joining HPET, Mr. Cunningham served for six years as Senior Vice President at PNC Real Estate in Washington, D.C. where he oversaw all loan originations for East Coast-based owners and developers of multifamily properties. From 2008 to 2012, he was Vice President in the real estate investment group of ULLICO, Inc., Silver Spring, Maryland, overseeing originations, portfolio management, real estate owned, workouts, and asset surveillance. Cunningham has also held key management positions in affordable housing and real estate finance at Wells Fargo, Fannie Mae, Bank of America, and Citicorp. He holds an A.B. from Harvard College and a Masters in Management (Finance and Real Estate) from MIT’s Sloan School of Management.
Treasurer and Controller
Ms. Salvador joined HPET in August 2015 as Controller and is responsible for the Company’s accounting, audit, budget, reporting, human resources and financial controls.
Prior to joining the Company, Ms. Salvador served as Controller for Crossbeam Capital LLC, where she oversaw fund consolidations and fund reporting for investors. Previously, Ms. Salvador managed the audit of more than 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. Ms. Salvador also served as Accounting Manager for Triniti Corporation, a software integrations firm, and merged financial reporting processes for its U.S., Japan and India divisions. Along with expertise in preparing financial statements for numerous companies, Ms. Salvador has worked closely with the Acquisitions, Marketing, and Asset Management teams to develop budgets for their respective groups.
Ms. Salvador began her career as an auditor in public accounting at J.H. Cohn (now CohnReznick), working with private and publicly-traded companies, nonprofits and school districts. She earned a BS in Business Administration/Accounting from San Diego State University and is a licensed Certified Public Accountant.