Asset Property Disposition (APD) and Waterfall Asset Management (WAM) have launched APD Solutions (APDS). Vaughn Irons, Nationally recognized community development leader and former Freddie Mac National Director of Expanding Markets, will serve as the firm’s CEO.
Waterfall’s billion dollar investment portfolio and experience in affordable housing finance, will provide capital market support for socially responsible investing and other resources needed to penetrate key markets and grow client base. APD will provide neighborhood planning and strategic guidance as the two firms collaborate on offerings.
Mr. Irons said: “The current housing industry crisis has created the residual negative effect of eroding support for housing programs in targeted markets and underserved households. There needs to be an ongoing commitment to providing working families a safe path to responsible housing choices. One of our goals is to provide strategic counsel and real estate expertise to those local governments, and organizations that have secured federal funding through the Neighborhood Stabilization Program.”
Tom Capasse, Principal of Waterfall Asset Management, said: “We are excited to partner with Vaughn and APD. He brings a successful track record and keen understanding of the challenges community leaders as well as, investment managers’ face when confronting a crippled housing market.”
Atlanta-based APD Solutions is a national Neighborhood Revitalization Firm created to provide community development consulting and real estate services to public and private sector clients.
Waterfall Asset Management is an SEC-registered Investment Advisor specializing in high-yield asset backed securities and non-performing residential mortgage loans.
Asset Property Disposition is a minority-owned firm based in Jacksonville, Florida. It offers program design, real estate and urban planning services.
