Accessing the Capital Markets
Maurice L. Coleman - Moderator
Tax Credit Syndication & Investment Executive
Maurice Coleman is the Tax Credit Syndication and Investment Executive at Bank of America. He leads a national team responsible for the bank’s origination of Low Income Housing Tax Credit (LIHTC) equity through syndication partners to create multi-family, mixed-income affordable housing as well as the delivery of Historic Tax Credits (HTC) to preserve and restore historic properties across the country, and the secondary market execution of New Markets Tax Credits (NMTC) to drive national economic development by building or rehabilitating community facilities and commercial real estate projects serving under-resourced communities. He manages a $4.9 billion equity portfolio. Maurice also serves as the Co-Chair of the Bank of America Black Professional Group (BPG), a global Employee Network consisting of 36 chapters and over 18,000 members. Prior to this role, Mr. Coleman served as the Boston Market Leader and Senior Relationship Manager, where he delivered debt, tax credit equity and pre-development and permanent financing for multi- family, affordable housing as well as mixed-use, mixed-income real estate projects throughout the Northeast. Mr. Coleman joined Bank of America’s predecessor bank, BankBoston in 1999, where he served as an Investment Officer with the BankBoston Development Company (BBDC) and later Fleet Development Ventures (FDV), a $250 million private equity and mezzanine finance boutique focused on investing direct equity in women and/or minority owned companies operating in emerging markets nationally. In 2004, Maurice became a Senior Vice President and Managing Director of Fleet National Bank’s Community Investment Group (CIG), where he managed a regional team focused on private equity, small business lending, retail banking and community development lending in New York City and northern New Jersey. For over a decade, Mr. Coleman served as the Chairman of the Board of Directors of three national Community Development Financial Institutions (CDFIs) -- the New York City - Local Initiatives Support Corporation (LISC), TruFund Financial Services, and the Upper Manhattan Empowerment Zone (UMEZ) – Business Resource and Investment Service Center (BRISC). He also served on the national Board of Directors for the Corporation of Supportive Housing (CSH) and was the co-founder/vice chairman of two charter schools, Capital Prep Harlem and Capital Prep the Bronx. He actively serves on the Board of Visitors at Columbia College for Columbia University.
John E Gilmore, IV joined Walker & Dunlop in 2018 as a Managing Director in the company’s Multifamily Finance group. He brings more than 15 years of commercial real estate experience focused on the development and financing of affordable housing. Mr. Gilmore has closed over 100 multifamily transactions throughout his career, which have helped to create and renovate over 22,000 units totaling more than $2 billion of debt originations. He is also highly experienced in complex deal structures including structured credit facilities, tax-exempt and taxable bonds, and federal and state tax credits. . Prior to joining Walker & Dunlop, Mr. Gilmore served as a Senior Vice President in the Community Development and Investment group within KeyBank Real Estate Capital. In 2015, KeyBank appointed him to the management team tasked with expanding the bank’s affordable housing lending activity to all 50 states. In this capacity, he was consistently the top debt originator and helped to establish KeyBank as the #3 affordable housing lender in the country. Mr. Gilmore attended Morehouse College where he earned a Bachelor of Arts in finance and a minor in economics with Cum Laude honors. Beyond the company, he is a member of the Mortgage Bankers Association’s (MBA) Affordable Rental Housing Advisory Council, the Urban Land Institute’s (ULI) Affordable & Workforce Housing Product Council, and the Real Estate Executive Council (REEC).
Dr. Lawrence Hammond
Senior Vice President/Director
Lawrence Hammond is Senior Vice President, Director of ACCESS. In this capacity, Lawrence works closely with CPC’s senior leadership and Board of Directors to oversee all lending and other activities associated with the program and its $40 million pool of funding. The Acquiring Capital and Capacity for Economic Stability and Sustainability (ACCESS) initiative, which began in 2020, focuses on targeted investments in low-income communities and creating opportunities to empower black, indigenous and other people of color (BIPOC) in the real estate industry across New York State and the region. Under Lawrence’s leadership, ACCESS provides capital for predevelopment, acquisition, construction and permanent financing, and capacity building programs, as well as technical assistance and other supports to BIPOC developers as needed. CPC, through the ACCESS initiative is also collaborating with New York State to help administer the Legacy Cities program. A $25 million program funded by the State, Legacy Cities seeks to transfer portfolios of blighted, land bank-owned single-family properties to local developers with a preference for M/WBEs. Following rehabilitation, sales will prioritize purchasers of color and low-income households. Mr. Hammond joined CPC as Vice President and Mortgage Officer in the New York City Originations Office in 2015, after more than 30 years with various financial institutions inclusive of Popular Community Bank, Bank of New York Mellon, and JP Morgan Chase Bank. At CPC, he has distinguished himself as an expert in affordable housing and multifamily finance, working with borrowers on some of their most challenging projects. As an ordained minister, Mr. Hammond has also focused on building relationships with, and advising faith-based organizations who are interested in developing housing as part of their mission to serve the community. Mr. Hammond earned a Doctorate of Ministry and Masters of Divinity from New York Theological Seminary and a Bachelor of Science from Long Island University Brooklyn campus. He serves as chair of the Board of Trustees for New York Theological Seminary.
Tammy K. Jones
Tammy K. Jones has more than 20 years of experience in the commercial real estate industry. Throughout her entire career, Ms. Jones has invested in and loaned on CRE assets (with a focus on multifamily and office) on behalf of large pension funds and institutional investors, including Equitable Real Estate (largest pension fund advisor and investment management firm at the time), GMACCM and CWCapital. Ms. Jones is a seasoned veteran in CRE investments, capital markets, and structured finance. Since 2009, Ms. Jones has served as both Co-Founder & Chief Executive Officer of Basis Investment Group (Basis), a multi-strategy commercial real estate investment platform and lender that acquires and originates a variety of senior mortgage loans, preferred equity and joint venture equity positions on behalf of its investors. Under the leadership of Ms. Jones, Basis has succeeded in closing over $5.1 billion in multifamily and commercial real estate debt and equity related investments across the United States. Ms. Jones currently serves as Chair of the Board of Veris Residential Inc., formerly Mack-Cali Realty Corporation (NYSE: VRE) and formerly served as Lead Independent Director since June 2020, is an Independent Director for Crown Castle International Corp. (NYSE: CCI), is the Chair of the Real Estate Executive Council (REEC), is a member of the President's Council of Cornell Women (PCCW), is a member of the Executive Leadership Council, is on the Advisory Board for NYU’s Schack Institute of Real Estate and is the Vice-Chairman of Basis Impact Group Foundation, a non-profit organization dedicated to creating a pipeline of women and minorities in commercial real estate. Ms. Jones was named one of Real Estate Forum’s Best Bosses in 2023, recognized among Savoy magazine’s Most Influential Black Corporate Directors in 2021, selected as one of Crain’s New York Business’ Notable Black Leaders and Executives of 2021, received the 2020 Cornell Baker Industry Leader Award, received the Council of Urban Professionals (CUP) 2019 Finance Catalyst Award and was recognized as one of The Network Journal’s 25 Most Influential Black Women in Business in 2017. Ms. Jones holds a BA in Economics from Cornell University and an MBA with a concentration in Real Estate Finance from the J. Mack Robinson College of Business at Georgia State University.
Dwight Stephenson is a Principal at Blue Vista, with responsibility for overseeing the firm’s New Business Development function. In this role, Dwight oversees originating transactions, cultivating operating partner relationships across the United States, and maintaining the transaction pipeline for the firm’s middle market fund strategies. Prior to joining Blue Vista, Dwight was a Vice President with JLL’s Capital Markets Group, where he focused on the acquisition, disposition and recapitalization of single tenant net leased retail, office and industrial assets totaling over $3.0 billion. A significant component of Dwight’s transaction expertise stems from sale leasebacks, build-to-suit developments, and corporate surplus dispositions. He also developed extensive relationships with investors and developers throughout the United States. Dwight earned a BS in Business Management from the University of Notre Dame. He currently serves on the University of Notre Dame’s Advisory Board for the Fitzgerald Institute for Real Estate.