KeyBank Real Estate Capital has appointed three new relationship managers focused on affordable housing to expand community development lending and investment (CDLI) activity in the Southeast and Northwest. The move comes as KeyBank continues its commitment to affordable housing across the country, with a focus on expanding its affordable platform. Its new additions to the team include:
- Nicholas Hoffer joins as senior mortgage banker responsible for new affordable housing business development and relationship management, providing off-balance sheet financing solutions to for-profit and nonprofit real estate owners, investors and developers;
- Christopher McKenzie joins as senior relationship manager to expand CDLI fund investment activity in the Western region; and
- Caleb Stephens has been promoted to senior relationship manager to expand community development lending and investment activity in the Western Region.