CREA, LLC is pleased to welcome David Ciminelli to its Boston office as Senior Vice President, Originator. In his new role, Ciminelli will lead originations in CREA’s Southeast territory and contribute to the expansion of affordable housing development through industry partnerships and financing solutions.
Brenda Champy, EVP, Acquisitions, said: “I am thrilled to welcome David to CREA's acquisitions team. His extensive experience in originations and unwavering enthusiasm for affordable housing will undoubtedly bring immense value to our partners. Having personally worked with David before, I can affirm the exceptional quality of his attitude and expertise. I am confident he will serve CREA's mission well within our company by originating multifamily developments that provide a safe, quality home.”
About David Ciminelli
Ciminelli is a seasoned professional with 12 years of experience in the Low-Income Housing Tax Credit industry. He started his career at a large national syndicator, gaining expertise in asset management, investment analysis and originations. Most recently, he led originations at another tax credit syndicator, where he originated over $600 million in tax credit equity and developed expertise with state Qualified Allocation Plans (QAPs) and state municipal-level financing programs.
Ciminelli earned his Bachelor of Science in Business Management and Bachelor of Arts in Economics degrees at Westfield State University, as well as a Master of City/Urban, Community and Regional Planning from Boston University, Metropolitan College. Additionally, he holds a Certificate in Real Estate Finance.
Charles Anderson, Co-President, said: “With his extensive experience and track record, David is the ideal candidate for the role of SVP, Originator. In addition to his impressive professional background, David's strong work ethic and collaborative spirit make him an exceptional choice as an ambassador for CREA. I am confident that he will enhance our developer relationships, expand CREA’s brand, and further our corporate philosophy and objective of being ‘best in class’.”
On joining CREA, Ciminelli said: "Similar to the excitement felt at every property groundbreaking, I'm eager to dig into the next chapter of my career at CREA. As a top syndicator in the industry, supported by a history of high-quality investment banking solutions that create a long-lasting impact in communities from the Southeast to the Northwest, I am confident in what we will be able to achieve together.”
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