
Jeffrey
E. Smith is a real estate developer whose Columbia-based companies have
developed and invested in more than 170 affordable housing properties for
families and seniors, totaling over 15,000 housing units in Missouri and other
states. The group of companies includes property development, construction,
property management, health care and syndication. His efforts led to the passage
of tax credit legislation in Missouri that has helped preserve historic
buildings throughout the state and provide decent and affordable housing for its
citizens. A recognized leader in the affordable housing industry, Smith received
the first Governor’s Award for Excellence in Elderly Housing in Missouri.
Monica Swoboda serves in the capacity of Executive Vice President of JES Holdings, LLC, which is in turn responsible for oversight of five affiliate companies which include: Affordable Equity Partners, Inc., a tax credit syndication company; Fairway Management, Inc., a property management company with a primary focus on the management of multi-family housing subject to the requirements of Section 42 of the Internal Revenue Code; Fairway Construction Co., Inc., a general contracting construction company with experience in single and multi-family housing; JES Dev Co Inc., a real estate development group with extensive experience in multi-family Section 42 housing, as well as single family homes and mixed use retail/housing developments; and Capital Health Management, Inc., a company which owns and operates skilled nursing home facilities.
William A. Markel, Executive Vice President of JES Holdings, LLC, began working as an intern with the company in 1992. Seeing the vision and values of JES first hand, Will aspired to become a member of the team following graduation from the University of Missouri, Columbia. Will's career with JES Holdings began in Fairway Management, Inc., specializing in accounts payable. While working with the management company, Will developed a passion for the development side of affordable housing and advanced to be a key contributor in market evaluation, property site selection, financial analysis, discussions with the various state housing agencies, and daily contact with neighborhood groups and civic leaders.
Daniel L. Torgerson, Director of Investor Relations, joined Affordable Equity Partners, Inc. (AEP) in June of 2004. Dan works with all types of investors, specializing in insurance company clientele. In his position, he has helped clients achieve state tax savings that exceeds $300 million dollars.
Christie Haynes, Transaction Analyst for Affordable Equity Partners, Inc. (AEP), has been with the company for 10 years. She is responsible for reviewing due diligence documentation for potential investment opportunities, updating the 15-year financial forecast for developments, preparing and updating benefit schedules and financial forecast for potential investors, and compiling due diligence reports to investors. She is also an integral part of managing investor relationships.
Brian H. Kimes, Director of Acquisitions/Underwriting for Affordable Equity Partners, Inc. (AEP), helps originate investment opportunities and manages key developer and investor relationships that AEP maintains throughout the nation. His responsibilities include the analysis of acquisition pricing, pre-acquisition due diligence and underwriting. Brian is also engaged in the execution of lower-tier investment closings, as well as structuring upper tier investment funds, both from a modeling and from asset allocation prospective.
Jim Markel, Acquisitions specialist in Georgia, has been part of Affordable Equity Partners Inc., for over four years. Starting as a consultant and then joining the company full time, Jim has been instrumental in the development of communities in the state of Georgia and securing third party developer relationships for tax credit syndication. Often a liaison between developers and AEP, Jim assists development partners in Georgia through the lifecycle of their development projects. He works diligently to help identify potential sites, assemble viable tax credit applications and, ultimately, helps acquire the credits awarded for the development.
Jacob Engle, Underwriter, joined JES Holdings, LLC in 2003 after graduating from the University of Missouri-Columbia College of Business with a degree in Finance and Economics. He and the other members of the team are responsible for underwriting new investment opportunities for AEP , creating and analyzing financial pro formas for proposed real estate investments, real estate examination, analysis of market conditions, and reviewing initial due diligence. As a senior underwriter Jacob is responsible for preparing investment summaries for new investment opportunities. Jacob also works with JES Holdings’ internal development company, JES Development, Inc. and various development partners throughout the tax credit application process.
Leon
Krieg, Underwriter for Affordable Equity Partners, joined the company six years ago. He is currently
performs analysis of financial proformas for proposed AEP investments, assisting in completion of applications for new properties, requesting and review of all third party plan and specification reviews as well as monthly property inspection reports, and completing investment packages for new investments. He is also responsible for
monitoring political issues with regard to the Tax Credit program, maintaining files on all public articles relating to Tax Credits, and maintaining a working relationship with the Missouri Housing Development Commission for JES Holdings, LLC
Sean Garrison, Underwriter, joined Affordable Equity Partners, Inc, (AEP) in 2005. A graduate of the College of Business at the University of Missouri – Columbia with a degree in Finance and Banking and Real Estate, Sean has been closely involved in analyzing potential investments and recommending financial structures to best fit overall clientele needs. As an underwriter, he is responsible for researching potential loan sources, performing market studies, and coordinating with developers, general contractors, and property managers on estimates to create financial projections for prospective projects. In addition, he is responsible for completing applications for tax credit developments for submission to state agencies.
Dana L. Ehler, Controller, has been with Affordable Equity Partners, Inc. (AEP) for five years. In her position, she supervises AEP’s accounting department, monitors the completion of the AEP fund returns/audits, monthly financial statements and projections, and is involved with the analysis of final fund closings and investor financial reporting. She also works directly with governmental agencies both in Missouri and Georgia on annual investor reporting.
Robert Muchow, staff accountant for Affordable Equity Partners, Inc., has been with AEP for 8 years. Robert holds many responsibilities including preparation and review of financial statements and tax returns for approximately twenty four Federal Funds and multiple smaller funds, the review and approval of over three hundred property tax returns and audits with the accounting team, the filing of all IRS tax returns, and the handling of all JES real estate tax appeals, assessment, and payment of taxes.
Tiffany Young, staff accountant for Affordable Equity Partners, Inc. (AEP), joined the company as a full time team member in December, 2009. Prior to her full time position, Tiffany worked with JES Holdings, LLC as an accounting intern beginning in April 2009 while finishing her Bachelor of Science in Accounting at Columbia College.
Melissa Clayton, Director of Asset Management, joined Affordable Equity Partners, Inc. (AEP) in May of 2008. As the Director of Asset Management, she is a key player in all facets of the development from underwriting, construction and lease up, to the end of the compliance period. Melissa has gained invaluable experience from working with her colleagues, developers, state agencies and investors.
Matt Covington, Asset Manager, joined Affordable Equity Partners, Inc. (AEP) in February of 2009. As part of the asset management team, he monitors the physical and financial health of a portfolio of properties from construction to the end of the compliance period in order to mitigate risk and protect tax credit investments. His portfolio currently consists of 2,349 units. Matt’s involvement with development has given him unparalleled experience in the housing industry. From attending on-site construction pay application meetings to presenting investor reports to JP Morgan, Matt has a sharp perspective on the business and the real estate industry as a whole
Andy Burks joined Affordable Equity Partners Inc. as a member of the asset management team in September of 2010. Prior to joining Affordable Equity Partners he worked as a licensed mortgage loan officer in Saint Louis, Missouri. Andy graduated in December 2008 from the University of Missouri, Columbia where he majored in Finance, Banking, and Real Estate. While a student, he was a member of Rho Epsilon, a professional real estate organization through the university’s business school, and a member of Beta Theta Pi Fraternity. He is currently a member of the Tiger Quarterback Club, a booster club for the universities football team.
Ellen Vossbrink has worked for Affordable Equity Partners since June of 2010. She began her career as a member of the Leasing Team and transitioned to the Asset Management team in July 2011. Prior to joining the Affordable Equity Partners team in 2010, she began work as an intern in 2009 with Fairway Management Inc.,
As an Asset Manager, Ellen’s portfolio consists of 53 properties in Southeastern Missouri. Her responsibilities include annual property inspections, monitoring the financial and physical well-being of each property, developing investor reporting and maintaining strong relationships with several management companies. Each property is monitored closely to ensure utmost efficiency.
Ellen graduated from the University of Missouri, Columbia with a double major in Finance and Real Estate. During her time spent with the university, Ellen was the President of Rho Epsilon, a professional real estate organization through the university's business school, and a member of Delta Sigma Pi Professional Fraternity.
Ellen is an active contributor to the United Way and the Adopt a Highway Organization. While she is not working, Ellen enjoys spending time with her family and friends, traveling, and running.
Heather Loos joined Affordable Equity Partners, Inc. in January 2011 as the Leasing Coordinator. Heather has acquired years of management experience through her extensive career with Disney Resorts and Towers Watson. Throughout her 18 years with Disney Resorts, Heather managed a large staff while supervising various customer service focused departments such as Group Reservations, Concierge Services, and Front Desk Operations. Most recently, Heather worked as an Office Services Manager for Towers Watson, a professional services firm that helps organizations improve performance through effective people, risk and financial management.
As the Leasing Coordinator, Heather directs and manages members of the AEP Leasing Team. She is responsible for communicating directly with third party ownership and executive level management to regularly discuss the goals and progressions of projects. Heather and her team also develop and implement strategic marketing plans, coordinate community outreach efforts and in conjunction with the marketing department, create advertising and media pieces utilizing all media outlets.
Heather received a Bachelor of Science in Business and Hotel Management from Eastern Illinois University. In her personal time, Heather enjoys running, playing tennis and skiing
Casey Murphy, a member of the Leasing Team, joined Affordable Equity Partners, Inc. (AEP) full time in 2009. Before joining AEP as a member of the specialized leasing team, Casey worked as an intern in both human resources and marketing for JES Holdings L.C. for over a year and a half.
Terence Walker joined Affordable Equity Partners, Inc. (AEP) in January 2010 as a member of the lease up team. In his position, Terence is responsible for the completion of lease up efforts for internal projects and third party development projects. He develops marketing plans, coordinates community outreach efforts, and in
conjunction with the marketing department creates advertising/media pieces utilizing all media outlets.
Eric Stout joined Affordable Equity Partners, Inc. as a member of the leasing team in September of 2010. A recent graduate from the University of Missouri-Columbia, Eric received his Bachelor of Arts degree in Interdisciplinary Studies. Eric was the President of Delta Sigma Phi, a member of Habitat for Humanity and an active contributor to the Special Olympics.
Rachel Bigge joined Affordable Equity Partners, Inc. as a Leasing Specialist in January of 2011. In her position, Rachel is responsible for creating and implementing marketing plans to complete lease up efforts for single family, senior and multi-family communities in Missouri and Georgia. A graduate of the University of Missouri, Rachel received a Bachelor of Science in Hotel Restaurant Management with a minor in Business Marketing.
While working in Carrolton, Georgia, she has become an active participant in Meals on Wheels and planning events for seniors in the community. When Rachel is not working, she enjoys playing sports and attending sporting events.
