Press Release brought to you by Hunt Mortgage Group

Jonathan D. Killough Joins Centerline Capital Group as Senior Vice President

05/14/2013

New York, NY — May 14, 2013 — Centerline Capital Group (“Centerline”), a provider of real estate financial and asset management services for affordable and conventional multifamily housing, and a subsidiary of Centerline Holding Company, announced today that Jon Killough has joined the firm as Senior Vice President in the Affordable Housing Debt division.

Killough will be responsible for sourcing affordable housing debt opportunities with a focus on the Southeast region of the United States.  He will be based in Montgomery, Alabama, working out of Centerline’s Birmingham, Alabama Office, and will report to Philip Melton, Senior Managing Director of Affordable Housing Debt at the firm.   

“Jon is a seasoned financial service executive with more than 15 years of experience as a developer, owner/operator, and lending professional originating and structuring affordable commercial real estate transactions,” commented Melton.  “We are thrilled he has joined our team.  Jon will be focused on the Southeast region and will greatly extend the depth, knowledge and geographic reach of our capabilities in the region.”

Prior to joining Centerline, Killough was Vice President at Rockport Mortgage Corporation, where he focused on originating commercial real estate loans in the multifamily and affordable housing industries, as well as for healthcare communities.  Before that he held roles of increasing responsibility at Summit Housing Partners (now BSR Trust), most recently serving as Executive Vice President.

He earned a Bachelor of Science Business Administration with a focus on marketing and finance from Auburn University-Montgomery in Montgomery, Alabama.

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About Centerline Capital Group

Centerline Capital Group, a privately held real estate finance and asset management company provides financing, investing and asset management services for affordable and conventional multifamily housing throughout the United States.  Centerline is organized around three business units: Mortgage Banking, Affordable Housing Debt and Affordable Housing Investments.  Under the Mortgage Banking and Affordable Housing Debt businesses, Centerline partners with developers, owners, and investors to provide them with capital to develop, acquire or redevelop their real estate assets.  Centerline’s core debt products consist of Fannie Mae, Freddie Mac, or HUD/FHA financing.  In addition, through several strategic alliances, Centerline offers various CMBS executions for multifamily and other commercial properties, bridge loans and select joint venture equity products.  Today the firm’s lending platform manages and services more than $12.2 billion in loans, of which affordable housing makes up $3.1 billion.  A leading sponsor of Low-Income Housing Tax Credit (LIHTC) funds, Centerline’s third business focuses on identifying and investing in affordable housing properties and managing those assets as a fiduciary for the fund investors throughout the asset’s and fund’s lives.  Since inception, the firm has raised more than $10 billion in equity across 137 funds, and invested in over 1,600 assets spanning 47 states.  Founded in 1972, Centerline is headquartered in New York City, with 221 employees in fourteen locations throughout the United States.  To learn more about Centerline, visit www.centerline.com

05/14/2013 - 14:26

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Hunt Mortgage Group

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