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| David Robbins |
IRVINE, CA– WNC, a national investor in real estate and
community development initiatives, announced it has signed a broker agreement
with Strategic Tax Credit Investments LLC (STCI), an investment advisory,
brokerage and consulting firm led by founder Dave Robbins, a 25-year
veteran of the affordable housing industry.
As part of the agreement, STCI will focus on strategic
positioning, raising investor equity and aiding in product development for WNC.
“I am pleased to announce this partnership with the STCI
team. The firm’s professionals have countless relationships with multi-fund and
private investors that will greatly benefit our organization’s equity raise
capabilities, and in turn, the communities we serve,” said Michael Gaber,
executive vice president and chief operating officer of WNC.
STCI, an institutional division of Compass Securities Corp.
that is headquartered in a Boston-area suburb, was established by Robbins in
2010.
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| Michael Gaber |
Since its founding, STCI has been directly involved in
raising more than $2 billion in LIHTC equity, including primary and secondary
transactions.
Previously, he spent eight years as the head of
institutional sales at MMA Financial, where he raised in excess of $4 billion
in LIHTC equity and was responsible for the oversight of the sales and fund
management team, as well as managing the company’s third-party broker-dealer
network.
Robbins said, “I have developed strong relationships with
the professionals at WNC over the years and I am looking forward to a very
productive partnership, supporting the organization’s equity raise and product
development goals.”
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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