BIG NECK, NY–(BUSINESS WIRE)–Bank of Regions announced on Monday that Kelly Henderson has joined the firm’s Real Estate Capital Markets division and will lead syndications for the Regions affordable housing group.
As syndication lead, Henderson will manage the distribution of Low-Income Housing Tax Credit (LIHTC) funds, including screening terms offered with potential investors and supporting investors screened by through engagement process. Henderson will also help find and develop investor relationships for proprietary and multi-fund investments.
Henderson will be based in the Great Neck, New York office and will report directly to Jon Burckin, Low Income Housing Tax Credits (LIHTC) distribution manager for the regions. Henderson brings over 30 years of LIHTC industry experience to his new role. Her real estate career began at Nutter, McClennen & Fish, and she held positions at Alliant Asset Management Company, WNC & Associates and Berkadia.
Henderson’s diverse experience includes secured lending transactions, tax credit syndications, underwriting and originations. Closing over 120 LIHTC transactions totaling approximately $1 billion in equity syndications, Henderson has extensive transactional experience in structuring and closing transactions nationwide with complex funding sources.
“Real estate capital markets is an area of strategic focus for the regions, and we are excited to add Kelly’s deep knowledge and experience to our capabilities,” Burckin said. “With 30 years of experience, Kelly’s track record in affordable housing, her tangible knowledge of the market and her specialization in tax credit syndication will all prove to be great assets to our team and our clients.”
Henderson received his Juris Doctor from the New England School of Law and his Bachelor of Science from the State University of New York at Geneseo.
Regions Affordable Housing LLC is a national LIHTC investor, syndication company and affordable housing leader. Regions Bank is one of the nation’s largest participants in affordable housing finance through the LIHTC program, providing comprehensive real estate banking and capital markets services to meet the debt and equity capital needs of promoters and investors. Regions Bank is also a Fannie Mae DUS MAH Lender, HUD/FHA Affordable Lender, and Freddie Mac Optigo TAH Lender.
About the Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $161 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of retail and commercial banking services, wealth management and mortgage products and services. Regions serves customers in the South, Midwest and Texas and, through its subsidiary, Regions Bank, operates approximately 1,300 banking offices and more than 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member of the FDIC. Additional information about Regions and its full range of products and services can be found at www.regions.com.