Risk Management from the City University of New York and has also earned the Housing Credit Certified Professional (HCCP) designation. John G. Hoffer, Vice President has over 25 years of housing industry experience. During the past three years, he has been responsible for securing approximately $145 million in acquisition and development funding for NHPF. He began his career at the New Frontier Group (NFG), in Chicago. As NFG’s Director of Asset Management he was responsible for NFG’s portfolio of affordable housing and Continental Bank of Illinois’ REO portfolio of luxury rental housing. Later, as NFG’s Sr. Project Manager, he was responsible for the development of 700 units of newly constructed multifamily rental housing, 750,000 square feet of commercial office space, and one 200-unit luxury convention hotel. As Director of Portfolio Analysis for the National Corporation for Housing Partnerships (NCHP), he was responsible for analysis, capital planning, and management of select recapitalizations in the 75,000-unit portfolio. He structured several novel NCHP transactions including the preservation of 1,000 units using a tax-deductible charitable donation sale to Pennsylvania Housing Finance Authority (“PHFA”) combined with NCHP’s repurchase and renovation financed by PHFA with tax-exempt bonds, soft subordinate debt and LIHTC equity. Mr. Hoffer worked with NeighborWorks America and other not-for-profit organizations as an asset management and real estate development consultant. To date, he has been involved in the purchase and/or recapitalization of 20 properties consisting of 4,023 units. Mr. Hoffer attended University of Kansas. Tim Pryor, Vice President, Acquisitions is responsible for the acquisition, predevelopment, and development of affordable housing at NHPF. Pryor has responsibility for recommending the acquisition of new properties, identifying, and negotiating financing for new acquisitions, applying for public financing, and managing construction draws. Mr. Pryor has participated in more than $75 million in new acquisitions at NHPF, including properties with a total of 653 units. Prior to joining NHPF, Mr. Pryor held real estate project management and coordination positions in the public and private sector, including at a for-profit affordable housing developer and market-rate, mixed-use developer. Mr. Pryor has a Bachelor of Arts degree from McGill University and a Masters in Urban Planning degree from the Harvard University Graduate School of Design. Meade Rhoads, Vice President , Construction Management , joined TheNHP Foundation (NHPF) as a fulltime employee inAugust of 2015. Prior to joiningNHPF,Mr. Rhoadswas owner and principal ofMadisonVentures andGreen- Build LLCs. He foundedMadison Ventures to provide commercial real estate sales and leasing services inVirginia to businesses and institutional clients likeNHPF. Madison performed acquisitions, sales, andpropertymanagement for real estate owned. Green-Buildwas founded and licensed inVirginia as a Class A general contractor. Mr. Rhoads’ companies provideddevelopment and construction services on single family andmulti-family residential properties. Green-Build also provided annual contract services to the Commonwealthof Virginia and real estate acquisition anddue diligence services to institutional clients includingNHPF. Mr. Rhoads has over 20 years of experience in commercial real estate and construction. He continues tomaintainhis real estate and construction licensing. He received his B.S. fromElonUniversity and hisM.B.A. fromTheGeorgeWashingtonUniversity. Ian Sobel, Vice President, Asset Management joined The NHP Foundation in 2016 and has more than ten years of property and asset management experience in multi-family housing. He is a detail and results driven manager with a track record of strategic operational analysis and implementation, leading to improvements in bottom line performance and market position of his portfolio. He currently oversees 3,500 units in NHPF’s stabilized and development portfolio, constituting $350 million in AUM. His duties also extend to acquisition/disposition support, fund asset management, construction and development oversight, and LIHTC / bond transaction implementation. Prior to joining NHPF, Mr. Sobel spent six years as the Director of Asset Management at Esponda Associates. During that period, he directed the property operations team and delivered a 50% increase in net operating income across the $100 million portfolio. He also oversaw more than $8 million in capital projects and assisted in the underwriting of $20 million in acquisitions and long term investment leases. Mr. Sobel received his BA from Northwestern University.
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