RED CAPITAL GROUP’s Tracy Peters Joins National Housing & Rehabilitation Association Board

  • 02/29/2012

Leadership and Commitment Demonstrated to the Affordable Housing Industry

 

COLUMBUS, OH – Red Capital Markets, LLC (member finra/sipc), the investment banking arm of comprehensive capital provider RED CAPITAL GROUP, LLC, is pleased to announce that Tracy W. Peters has joined the National Housing & Rehabilitation Association (“NH&RA”) Board of Directors.

NH&RA is a professional association of individuals who are experts in their fields and are involved in affordable housing, historic rehabilitation and New Markets Tax Credit development. The NH&RA association meets quarterly and its board provides guidance on meeting programming, policy positions and organizational priorities. Board membership is by invitation only.

tracypeters

Tracy W. Peters
Senior Managing Director, Red Capital Markets, LLC
(Columbus, Ohio)

Mr. Peters serves on RED’s leadership committee and co-heads its Affordable Housing Group, which provides financing through FHA, Fannie Mae DUS®, proprietary capital lending and servicing, and bond structuring and underwriting expertise. He joined RED’s predecessor entity in 1993 as a specialist in structuring bond underwriting and placement issues for apartment projects enhanced primarily with FHA Mortgage Insurance/GNMA Mortgage-backed Securities or Fannie Mae Mortgage-backed Securities. His expertise with affordable housing transactions over the years has extended to numerous bond and tax credit financings where Mr. Peters served as the lead banker, including Section 236, Section 202, New Issue Bond Proceeds, and mark-to-market refinance transactions involving FHA insured loans, Fannie Mae enhancement, and letters of credit. Mr. Peters also was instrumental in structuring one of the nation’s first tax-exempt bond/taxable GNMA issues, an innovative structure in affordable housing, and he has worked with and advised local housing authorities, non-profit developers, for-profit affordable housing developers, and seniors housing providers on capital structures and financing. Mr. Peters is a frequent speaker at industry events, based on his leadership in and ongoing commitment to the affordable housing industry.

Operating nationwide since its inception in 1990, RED CAPITAL GROUP, LLC is recognized for its industry expertise, innovative and comprehensive structures, and consistently high lender rankings. Red Mortgage Capital, LLC is one of the nation’s top three FHA lenders for overall Multifamily/LEAN experience, having closed more than 100 transactions totaling nearly $1.2 billion during HUD FY2011,  and also is an active Fannie Mae DUS® lender for both multifamily and seniors and an approved Freddie Mac Seller/Servicer for Seniors on a national platform.

RED CAPITAL GROUP, LLC is committed to being the nation’s premier provider of capital across the spectrum of multifamily, affordable and seniors housing and health care asset classes.

 

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About RED CAPITAL GROUP, LLC

RED CAPITAL GROUP, through three operating companies, provides integrated debt and equity capital to the multifamily, student and seniors housing, and health care industriesRed Mortgage Capital, LLC is: a leading Fannie Mae DUS® lender for both Multifamily and Seniors Housing; one of the nation’s most active FHA Multifamily/Seniors lenders (MAP- and LEAN-Approved); a national Freddie Mac Seniors Housing Seller/Servicer; an active financier of Critical Access, community and rural hospitals; and services nearly $15 billion of income property mortgage loans.  Red Capital Markets, LLC (member finra/sipc) is: a leader in the trading and distribution of Fannie Mae and Ginnie Mae Project MBS; an active underwriter of developer-driven multifamily housing bonds; and also is remarketing agent for nearly $1.4 billion in variable rate demand tax-exempt and taxable housing and health care bonds.  Red Capital Partners, LLC delivers proprietary debt and equity to the multifamily and health care industries and provides asset management services for RED’s proprietary debt and equity investments.

RED CAPITAL GROUP is headquartered in Columbus, Ohio, employs approximately 200 people and maintains nine offices nationwide.  Since 1990, the bankers of RED CAPITAL GROUP have provided over $52 billion in taxable and tax-exempt first mortgage debt, mezzanine level capital and equity to multifamily, seniors housing, health care, and other real estate properties nationwide.  RED CAPITAL GROUP is a subsidiary of ORIX USA Corporation.

About Our Parent ORIX USA Corporation

ORIX USA Corporation (www.orix.com) is the U.S. subsidiary of ORIX Corporation, a publicly-owned Tokyo-based international financial services company established in 1964.  ORIX Corporation is listed on the Tokyo (8591) and New York (NYSE:IX) stock exchanges.  ORIX USA Corporation is a diversified corporate lender, finance company, and advisory service provider with more than $6 billion in assets and an extensive portfolio of credit products and advisory services.  ORIX USA is headquartered in Dallas, Texas and has approximately 1,400 employees worldwide.

 

Red Mortgage Capital, LLC is a licensed FHA MAP and FHA LEAN lender. DUS® is a registered trademark of Fannie Mae.

 

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For more information on RED’s NH&RA
please contact:

Red Capital Markets LLC
Tracy W. Peters
Senior Managing Director
Columbus, OH
(614)857-1656 twpeters@redcapitalgroup.com
For more information on RED CAPITAL GROUP, LLC
please contact:

Linda L. Mackov
Senior Managing Director
Columbus, OH
(614) 857-1404 llmackov@redcapitalgroup.com