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Beverly Fanelli, Director of Asset Management
Ms. Fanelli has over 20 years experience in the multifamily housing industry. She spent over eight years with a national real estate syndicator where she held several positions, including Assistant Vice President. While with the syndicator, Ms. Fanelli was part of the asset management department, which was responsible for a portfolio of over 375 market and affordable housing properties. Ms. Fanelli also spent over six years with an asset management firm where she was Vice President of Asset Management. During her tenure there, she was responsible for an affordable housing portfolio of approximately 315 properties (38,000 units) located throughout the United States, Puerto Rico, and the Virgin Islands, with an initial debt and equity acquisition value in excess of $1 billion. Ms. Fanelli also worked as Senior Asset Manager/Vice President for a HUD contractor that provided technical support for the Special Assistance Workout Team (SWAT). She also spent several years as a consultant and worked as a sub-contractor with several HUD contractors for the Departmental Enforcement Center and the Office of Multifamily Housing. Ms. Fanelli’s areas of expertise include asset management, due diligence, market analysis, loan workout/modifications, financial analysis, and training. Additionally, her experience has resulted in a strong knowledge of HUD housing and its program requirements, along with a strong knowledge of the housing programs and requirements of various state housing finance agencies. Ms. Fanelli has a Bachelor of Science in Business Administration from
West Virginia University. She previously held a real estate brokers license
with the State of Maryland. |
Beverly
Fanelli is responsible for administering NHT-E’s asset management program,
overseeing a growing portfolio of affordable and market rate
multifamily housing financed with various combinations of private activity
bonds, low income housing tax credits, 501(c)(3) bonds, and market rate
mortgages, along with Section 8 housing subsidies. Ms. Fanelli also has
oversight of the resident services program.