MYLOGO
SB: Equity Market
2016 Equity Market Outlook
Dan Smith
Partner
Novogradac & Company LLP
Daniel Smith is a partner in the Dover, Ohio, office of Novogradac & Company LLP. Mr. Smith has extensive experience in affordable housing, community development and renewable energy, assisting developers and investors in maximizing the benefits of low-income housing tax credit (LIHTC), historic rehabilitation tax credit (HTC), new markets tax credit (NMTC) and renewable energy tax credits (RETC). He also practices extensively in secondary market transactions with a focus on due diligence, forecasting and consulting to maximize the benefits of such transactions. He is a frequent speaker at industry sponsored conferences and workshops, is a co-author of the firm's Renewable Energy Tax Credit Handbook and serves as the technical editor of the monthly Novogradac Journal of Tax Credits’ renewable energy tax credit content. Mr. Smith earned his bachelor's degree in accounting from the University of Akron. He is licensed as a certified public accountant in Ohio.
Caryn Chalmers
Partner
Dentons
Caryn Chalmers is a member of Dentons’ real estate practice. She has concentrated her practice in commercial real estate throughout her career at Dentons. As a result, she has significant experience in virtually all types of real estate transactions: leasing, financing, affordable housing and community development, and real estate acquisition and development. Ms. Chalmers spends a significant portion of her time on affordable housing matters. She has counseled developers, syndicators and equity investors in connection with direct and portfolio investments for the development and financing of highly complex affordable housing developments; and loans and syndications with multi-tiered debt and equity structures, including mixed-finance, HOME , CDBG, Section 8 and tax-exempt and taxable bond financings. She has represented institutional investors as well as developers in connection with a variety of community-development-related investments. Ms. Chalmers has represented a variety of institutional lenders and borrowers in connection with structuring, documenting and negotiating a variety single-project and multistate portfolio financings secured by hotels, shopping centers, office buildings and other commercial property. She has also represented a number of lenders acting as agent for a lending group, as well as representing lenders in participating loans. She has represented landlords and tenants in complex office, industrial and retail leasing matters in the Chicago area and other major cities. As counsel to large corporations, medium-sized financial organizations and entrepreneurial companies, she has analyzed and crafted creative solutions to the difficult issues presented in commercial office, industrial and retail leases. Ms. Chalmers also possesses considerable knowledge and experience relating to the disposition, acquisition and development of real estate. She has represented both sellers and purchasers in a variety of sophisticated real estate transactions.
Darrick Metz
Senior Vice President
WNC & Associates Inc.
Darrick Metz is senior vice president of originations for WNC, responsible for the originations department’s $400 million production goal and department oversight. Mr. Metz is a 20-year veteran of the tax credit and real estate industry with expertise in multifamily underwriting, property acquisition and investment valuation. Before joining WNC Inc., Mr. Metz worked as a project manager for a Minnesota real estate development company and held a senior housing development officer position at the Minnesota Housing Finance Agency (MHFA), where his duties included the allocation of low-income housing tax credits (LIHTCs) and multifamily loan program underwriting. Mr. Metz has developed several tax credit and market-rate residential properties, has been active in the qualified allocation plan (QAP) tax credit advisory committees in several states and has been an invited speaker for state, regional and national conferences/events. Mr. Metz holds a bachelor’s degree in finance/economics from St. Cloud State University.
Raoul F. Moore
Senior Vice President, Tax Credit Syndication
Enterprise Community Investment Inc.
As senior vice president for Enterprise Community Investment Inc., Raoul Moore oversees the efforts to originate, analyze, structure and acquire low-income housing tax credit (LIHTC) developments throughout the United States for Enterprise’s national, regional and proprietary LIHTC investment funds. Since assuming this role in 2009, he has directed the investment of more than $3 billion. In addition, Mr. Moore is responsible for Enterprise’s Opportunity Fund, a non-LIHTC investment fund targeting the preservation of existing affordable and workforce housing stock. Mr. Moore has spent more than 30 years in the real estate industry and has extensive experience in development, finance; deal structuring, asset management, leasing and sales. Before joining Enterprise, Mr. Moore spent more than 13 years with a national LIHTC syndicator, most recently as vice president of acquisition, where he co-directed all LIHTC acquisition transactions in the United States. Mr. Moore holds a bachelor’s degree in business administration from the University of Denver.
Jay Segel
Executive Vice President
R4 Capital LLC
Jay Segel is an executive vice president of R4 Capital, based in the firm's Boston office, where he is responsible for acquiring housing tax credit properties for R4 Capital. Mr. Segel has 18 years of real estate experience, including 17 years focused on low-income housing tax credit (LIHTC) properties. During his career, he has been responsible for more than $1 billion of closed real estate transactions during a 20-plus year career in real estate underwriting, acquisitions, portfolio management, and syndication. Previously, Mr. Segel was a senior vice president with Stratford Capital, where he was responsible for the origination and acquisition of LIHTC equity investments. Before Stratford Capital, he held positions in LIHTC originations for eight years at MMA Financial, for three years at Boston Capital, and was a portfolio manager at Fleet Bank (since acquired by Bank of America). Mr. Segel is a member of the board of directors of the National Housing & Rehabilitation Association (NH&RA) and is a frequent speaker at Novogradac, IPED and NH&RA conferences. He received a bachelor’s degree in finance from Ithaca College and earned a master’s degree from Boston University.
Jeffrey Weiss
President, Alden Capital Partners
Senior Managing Director, Alden Torch Financial
Jeffrey Weiss is president of Alden Capital Partners and a senior managing director of Alden Torch Financial, Alden Capital Partners’ parent company. Mr. Weiss has specialized in affordable housing for more than 20 years, with a focus on raising equity and structuring project partnership agreements and multiple layers of debt. Mr. Weiss is responsible for all tax credit syndication activities of the company. Previously, Mr. Weiss was a senior vice president with Alliant Capital, responsible for the firm's private label syndications and overseeing acquisition and project management activities. He also served as senior vice president, investor relations for Simpson Housing Solutions (formerly Kaufman and Broad Multi-Housing Group), and as financial development officer for the city of Los Angeles Housing Department, where he was responsible for coordinating the department's new and existing bond issues and performing initial feasibility analyses on proposed projects. From 1996 to 2003, Mr. Weiss served as a guest lecturer at the USC School of Policy, Planning and Development where he instructed graduate students in real estate finance, feasibility analysis and affordable housing. Mr. Weiss is a licensed attorney in the state of California.