MANSUR ABDUL - MALIK VICE PRESIDENT , DEVELOPMENT
Mr. Abdul-Malik joined The NHP Foundation (NHPF) in 2012 soon after receiving his Master of Science in Commercial Real Estate Development from the University of Maryland, College Park. In his role as vice-president, he is responsible for the full scope of affordable housing development, including site feasibility, due diligence review, developing and managing capital and operating budgets, raising public and private debt and equity, and overseeing teams of design, engineering, and construction professionals. He is knowledgeable in complex financing and ownership structures with both new construction and acquisition/rehabilitations using sources of funds that include 4% and 9% LIHTC, tax-exempt bonds, state/city soft money, conventional debt and affordable housing grants (i.e. FHLB).
His experience also includes solar financing and structuring, extensive work with housing authorities via the RAD program, Tenant Opportunity to Purchase Act (TOPA) acquisition and redevelopments in the District of Columbia with tenant groups, and large-scale urban scattered site redevelopment. Mr. Abdul-Malik is also an integral part of the acquisitions team. He provides valuable experience and expertise when responding city, state and housing authority issued RFPs, assessment of new acquisitions in the Maryland/District of Columbia corridor and offering his specific local expertise of Baltimore City which lead to NHPF being selected as the master developer for a neighborhood redevelopment of 17-acres in Baltimore City, MD. Aside from his professional experience, Mr. Abdul-Malik donates his time as a mentor to several high school and college students as well as being an active contributor to the Urban Land Institutes Urban Plan Program which teaches basic concepts of real estate development to high school and college students, and local government officials. He also sits on the Montgomery County Planning Department’s Art Review Committee, the Generation HAND board for the Housing Association of Nonprofit Developers and represents NHPF on the Washington Nationals Youth Baseball Academy Landlords/ Property Owner’s roundtable. Lastly, he is a volunteer youth bowling coach for the Linthicum AMF Lanes in Glen Burnie, MD and a volunteer youth basketball coach for the Old Court Recreation Center in Old Court, MD.
Experience
THE NHP FOUNDATION 2012 – Present Vice President Finance and redevelop multifamily housing properties that are regulated under various Federal and state affordable housing programs Functions include performing due diligence and rental market analysis, participating in the design process, negotiating the financing and regulatory documents, closing transactions, coordinating the rehabilitation work, and completing the tax credit equity process Engage with all project stakeholders, especially tenant groups, and helps maintain the budget along with the Project Manager Assist with the feasibility assessment and review of due diligence materials for new acquisitions and potential RFP response METROPOLITAN REAL ESTATE, LLC 2011 – 2012 Investment Consultant Conducted intermediate business and commercial property accounting Created pro forma models using tax credit equity, bond financing and EZ incentives Gathered / aggregated data to develop a detailed analysis for recommendations Analyzed revenues, subsidies and other income to determine project performance Assisted developers with coordination of pre-development activities Developed strategies for investors to acquire, rehabilitate and market properties Scouted single/multifamily and mixed-use properties for acquisition, rehab and sale / lease Education
Master of Science in Real Estate Development; University of Maryland; College Park, MD Bachelor of Science in Business Management; University of Baltimore; Baltimore, MD Certified Project Management Professional by the Project Management Institute Certified Housing Development Finance Professional by the National Development Council
Powered by FlippingBook