IRVINE, Calif. (Aug. 14, 2019) – Community Preservation Partners (CPP), an affordable housing rehabilitation specialist with more than 7,500 units in its national portfolio, is pleased to announce Jeffrey Taylor as its new director of acquisition finance. The position supports an accelerating growth initiative that saw CPP nearly double in size over the past several years, including a push into new markets within the Eastern U.S.
“As CPP continues to expand its portfolio, it will be important to have a central coordination point on the acquisition finance front,” said CPP President Anand Kannan. “One of CPP’s keys to success is our ability to execute quickly on acquisitions. With Jeff on the team, we’ll continue to scale with confidence and continue our mission of enriching lives and strengthening communities at even greater levels.”
Taylor comes to CPP from Alden Torch Financial, a multifamily housing investment company, where he served as assistant vice president and was responsible for executing many financial aspects of its acquisitions. A graduate of the University of Colorado at Boulder, Taylor holds the chartered financial analyst (CFA) designation from the CFA Institute and is known for his keen eye during the acquisitions process.
“What drew me to CPP, more than anything, is the firm’s instinct for doing the right thing. It tries to do good while doing well, and I believe those things don’t have to be mutually exclusive,” Taylor said. “The CPP team is passionate about helping residents and building up local communities while serving stakeholders, municipal entities and regulatory agencies. I really appreciate that all of those factors are taken into account and not just one over the others.” Last year, CPP was ranked eighth in the nation for affordable housing acquisitions after purchasing more than 2,000 units.
About Community Preservation Partners: CPP is an affordable housing rehabilitation company that owns more than 7,500 units across the United States. Its mission is to enrich lives and strengthen neighborhoods by recapitalizing, rehabilitating and preserving aging affordable housing communities. CPP provides simple, practical solutions to complex challenges facing housing authorities, nonprofits and investors. For more information, visit www.CPPHousing.com or call Seth Gellis, vice president, for properties in the Eastern U.S. including Texas at (949) 236-8280 or Jack Aronson, director of development acquisitions, for properties west of Texas at (415) 746-0666.