At the CHAM webinar on January 13, 2021, expert advice was shared on how an action plan is created and implemented by various partners in the affordable housing world. Whether an owner, or an asset manager for or a syndicator, lender or investor, the basic process is the same:
Amin Irving from Ginosko Development Company and Kyle Culotta from Gorman & Company presented how a general partner oversees their affordable housing portfolio and how they address troubled properties. Mike Witt of Cinniare and Jordan Abboud of Midwest Housing Equity Group talked about how their organizations as syndicators use action plans to stabilize watch list properties and get them back on the path to success. Mark Lenhardt of JP Morgan will discussed watch list properties through the eyes of an investor and what things they key in on when reviewing their portfolio.