Roger's long career as a real estate broker and market analyst brings a highly valuable dimension to our business development program as we seek new opportunities.
Irvine, CA (PRWEB) October 16, 2014
Jamboree Housing Corporation announced that Roger S. Kinoshita has been hired as Business Development Director to advance the company’s business development program that is focused on establishing stronger connections with state and local government officials and agencies, building relationships with market-rate housing and land developers, and seeking and acquiring new development opportunities in urban and suburban locations.
Irvine, CA-headquartered Jamboree is one of California’s leading community development organizations specializing in workforce and affordable housing with a focus on delivering education and self-improvement programs for its residents that include families, seniors, veterans, and individuals with special needs. Currently, the company has $233 million in affordable housing projects in its development pipeline and a $1 billion asset portfolio that includes the development of and/or ownership interest in more than 7,400 homes in more than 75 California communities.
“Roger’s experience, knowledge and expertise in the acquisition, financing and marketing of literally every type of real estate asset – including affordable housing – will strengthen our business development foundation and move forward our initiatives to connect with market-rate developers, bolster our project pipeline, and diversify our asset portfolio,” said Laura Archuleta, Jamboree president. “His long career as a real estate broker and market analyst brings a highly valuable dimension to our business development program as we seek new opportunities.”
Prior to joining Jamboree, Kinoshita was a senior vice president with NAI Capital’s Investment Property Group and before that he was senior vice president of Grubb & Ellis’ Investment Property Group. In both executive positions, Kinoshita was involved in business development, underwriting, and sales and financing for commercial/industrial properties throughout California. From 2002 to 2005, he was director of finance for Bentall Residential, a subsidiary of Bentall-Kennedy, one of North America’s largest real estate advisors.
Kinoshita served as a senior associate with Related Companies of California from 2000 to 2002, where he was responsible for the underwriting, financing, acquisition and rehabilitation of 2,800 affordable multifamily units valued at $285 million. At Related Companies, he gained extensive experience in financing affordable housing projects utilizing tax-exempt and non-exempt bonds, federal tax equity instruments, and local municipal financing.
Kinoshita began his brokerage career in 1991 with CB Richard Ellis as a senior market analyst. He was promoted to senior consultant of Financial Services in 1992 and to senior associate of Institutional Investment Properties Group in 1995. At CB Richard Ellis until 2000, he was involved in all aspects of institutional property investments including marketing and sales, investor relations, financing, and sales/leasing with transactions totaling more than $1.5 billion.
He earned a bachelor’s degree in business administration from the University of Southern California in 1988 and is a licensed real estate agent.
About Jamboree: Founded in 1990, Irvine, CA-headquartered Jamboree Housing Corporation is an award-winning, broad-based nonprofit housing company that develops, acquires, renovates and manages permanently affordable rental and ownership housing throughout California for working families, seniors and people with special needs. HOMES, Inc. and Housing with HEART programs comprise Jamboree’s Resident Services Group. A leading nonprofit developer, Jamboree is committed to sustaining excellence with high quality affordable housing that benefits the environment, the economy and local communities. It currently has $233 million in affordable housing projects in its development pipeline and a $1 billion asset portfolio that includes the development of and/or ownership interest in more than 7,400 homes in more than 75 California communities. Currently, Housing with HEART programs and services that foster learning, health and community building are offered at 30 Jamboree communities with designated staff at each location.