Wednesday, January 8, 2014

WNC Promotes Anand Kannan to President of Community Preservation Partners LLC

Anand Kannan
IRVINE, CA,  Jan. 8, 2014 – WNC, a national investor in real estate and community development initiatives, announced today that it has promoted Anand Kannan to president of its subsidiary, Community Preservation Partners LLC (CPP).

“Anand has been instrumental in leading the growth of Community Preservation Partners during his three years with our company,” said Will Cooper Jr., president and chief executive officer of WNC.

“He has proven to be a strong and effective leader who has played an essential role in the expansion of CPP’s ownership and development portfolio, which now totals 55 properties in four states representing 2,850 units.”

Kannan joined WNC in 2010 as vice president of Community Preservation Partners, which was founded in 2004 to address the growing need to preserve the aging affordable rental housing stock across the country.

 Kannan has more than 12 years of direct experience in the development and preservation of affordable housing.

Will Cooper Jr.
“Community Preservation Partners has achieved tremendous success in the effort to preserve at-risk properties throughout a nation that continues to suffer from a significant lack of quality affordable housing,” said Kannan.

“The key to our success has been the development of strong partnerships with established for-profit and non-profit partners, and I look forward to continued success with them and others as we aggressively expand our preservation efforts.”

For a complete copy of the company’s news release, please contact:

Jill Swartz
Spotlight Marketing Communications
949.427.5172, ext. 701 – direct
949.485.1552 – mobile

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