Robert M. Munroe
Over the past ten years, Bob Munroe served as the Manager of Commercial Lending at Colorado Housing and Finance Authority (CHFA) where he was responsible for the origination, underwriting, approval and closing of more than 200 loans amounting to more than $800 million in affordable multifamily rental debt financing. These loans included FHA insured products and a line of proprietary loan products he initiated, and were funded by both taxable and tax-exempt bonds. Other responsibilities included being a voting member on the Low Income Housing Tax Credit (LIHTC) Allocation Committee, Special Asset Committee, Special Finance and Bond Issuance groups, CHFA legislative liaison on issues of homelessness/poverty prevention and Transit Oriented Development, and both participant and presenter on various committees and public presentations at Colorado Housing NOW, National Council of State Housing Authorities (NCSHA), Urban Land Institute, Colorado Division of Housing “Developer’s Toolkit” and Private Activity Bond trainings, and other affordable housing conferences and special events throughout the country.
Prior to his work at CHFA, Bob was Director of Portfolio Risk Management at Mercy Housing, Inc., one of the nation’s largest nonprofit affordable housing organizations. His responsibilities included management of the Underwriting, Asset Management, Insurance and Property Legal Risk Management departments for affordable housing portfolios totaling more than 220 properties with over 15,000 units in more than 15 states. Portfolios included single-family and multi-family affordable housing developments as well as not-for-profit commercial developments financed by various resources including conventional debt, Section 42 LIHTC, HUD 202 and 811 programs, Section 8 program, Rural Development Section 515 program, tax-exempt bond financing, either 501(c)(3) or Private Activity Bond, fixed or floating rate, privately or publicly placed, HOME, CDBG, AHP, HOPWA, NAHASDA, Mutual Self-Help Housing programs, as well as a complete assortment of state and local agency programs.
Bob also has extensive experience in the investment banking business and financial services for medium to small sized companies including private and public placement of debt and equity. He spent fifteen years working with both commercial banks and savings and loan associations included managing lending divisions and several operations departments, such as, commercial business lending, real estate lending, as well as loan operations, credit analysis/underwriting and asset/liability management groups.
For the past seventeen years, Mr. Munroe has been a volunteer instructor, consultant, loan committee and Board member to several non-profit organizations including Mile High Community Loan Fund and Funding Partners. He is a graduate of the University of Colorado with a B.A. in Economics and a minor in accounting. He has completed numerous classes and accreditations including the D.U. School of Business Management, HUD MAP Lender training, NeighborWorks Affordable Housing and Asset Management programs, and numerous other related accreditations.
Mike Gerber
Principal
Mr. Gerber is a co-founder and principal of Solvera and MGL Partners. His primary responsibilities include land and apartment acquisitions and managing the design and entitlement phases of all new developments.
Mr. Gerber was previously a principal of Black Creek Communities, the multifamily and mixed use arm of the Black Creek Group, a Denver, Colorado based real estate private equity firm. While at Black Creek, he participated in the development or acquisition of approximately $50 million worth of multifamily and mixed-use property in metro Denver and Colorado Springs. His responsibilities included land and apartment acquisitions, entitlement, design and asset management.
Prior to Black Creek, Mr. Gerber worked in the Real Estate Capital Markets group of Citicorp Securities (now Citigroup), where he served as a Management Associate from 1997 to 2000. While at Citigroup, he underwrote and participated in structuring over $300 million in mortgage and acquisition financings for public and private real estate operating companies. Mr. Gerber holds a Bachelor’s degree (Cum Laude, Phi Beta Kappa) from the University of Vermont and an MBA from the University Of Michigan Ross School Of Business.
Greg Glade
Principal
Mr. Glade is a co-founder and principal of Solvera and MGL Partners. His primary responsibilities include financing and new developments and acquisitions.
As a co-founding principal of MGL Partners, Mr. Glade was chiefly responsible for financing over $250 million in multifamily and mixed use development. MGL Partners attracted both equity and debt capital providers in financing its portfolio, and they continue to work with many of these capital partners today.
Mr. Glade was previously a principal and CFO of Black Creek Communities, the multifamily and mixed-use arm of the Black Creek Group, a Denver, Colorado based real estate private equity firm. While at Black Creek, he participated in the development or acquisition of multifamily and mixed-use property in metro Denver and Colorado Springs. His responsibilities included financing, entitlement, design and asset management.
Prior to joining Black Creek Communities, Mr. Glade was Director/Assistant Treasurer for Mail-Well, Inc., a Fortune 1000 company. While at Mail-Well, Inc. Mr. Glade was responsible for managing the capital structure and earnings impact of corporate finance transactions. He assisted in financing transactions valued in excess of $1.2 billion, reviewed corporate finance modeling, and assisted in completion of acquisitions in excess of $700 million. Prior to joining Mail-Well, Inc., he was a manager with Deloitte & Touche in Denver, Colorado. He is a Certified Public Account (inactive), and graduate of the University of Wyoming.
Lisa Mullins
Principal
Ms. Mullins is a co-founder and principal of Solvera and MGL Partners. Her primary responsibilities include financial and asset management including tax credit acquisition and compliance.
Ms. Mullins also served as a consultant to Black Creek Communities, the multifamily and mixed use
arm of the Black Creek Group, a Denver based real estate private equity firm. Her primary responsibilities included asset and financial management for LIHTC properties.
Previously, Ms. Mullins was the Chief Financial Officer for Cottages & Castles, LLC where she oversaw the financial management and tax issues for condominium and townhome conversion projects. Prior to joining Cottages & Castles, LLC, she worked for Corporate Properties of the Americas, overseeing U.S. and foreign accounting and tax functions for industrial real estate developments in Mexico which had a cost basis in excess of $125 million. Ms. Mullins has also worked in firms both as an attorney and as a certified public accountant.
Ms. Mullins received her bachelor’s degree from Ohio University and her Juris Doctorate from The University of Denver. She is an attorney in Colorado and Kentucky as well as a licensed CPA.