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| David Tarquin |
IRVINE, CA – WNC, a
national investor in real estate and community development initiatives,
announced that David Tarquin has
joined the firm as director of portfolio management for the company’s new
Preservation Equity Funds product line.
WNC’s Preservation Equity
Funds will exclusively focus on raising equity for investment in existing
affordable housing properties that are at or near the end of their tax credit
compliance period and are owned by limited and/or general partners seeking to
exit their investment.
Tarquin will be a key member of the team that launches
this new WNC initiative and will oversee the new portfolio.
“WNC is committed to the
preservation of affordable housing communities throughout the United States – a
strategy we believe is paramount to the increasingly challenging effort to
retain the nation’s supply in the face of demand that far outstrips current
supply,” said Will Cooper Jr.,
president and chief executive officer of WNC.
“With Preservation Equity
Funds, WNC deepens our commitment to preserving existing affordable housing,
and I am confident that our efforts will prove successful with a professional
the caliber of David Tarquin as part of our team.”
Prior to joining WNC,
Tarquin served as vice president, capital markets, and co-portfolio manager
with Pacific Urban Residential in Palo Alto, Calif. In this position, he was
responsible for coauthoring the company’s investment strategy in the
multifamily sector, co-managing the firm’s multifamily equity fund and serving
as the lead liaison with the California Public Employees Retirement System
(CalPERS).
Tarquin earned a bachelor’s degree from the University of Southern
California and is a level III chartered financial analyst candidate.
For a complete copy of the company’s news release,
please contact:
Julie Leber
Spotlight Marketing
Communications
949.427.5172 ext. 703
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