As a nonprofit affordable housing and community revitalization finance company, CPC holds a unique position in the multifamily finance industry. Our loyalty to our borrowers, integrity, ingenuity, and dedication to being a consistent and stable source of capital has been the foundation of our success and growth.
Like any responsible lender, we know which tool in our toolbox is the best fit for a given multifamily project. But the times when there isn’t a “one size fits all” solution – when our borrowers need a devoted partner to help them meet their needs – are the times when CPC sets itself apart. Our deep understanding of the markets we serve, the products we offer, and the myriad of government programs and subsidies allows CPC to adapt standard industry tools to meet the anything-but-standard needs of our borrowers.
For many of our partners, it is this ability to navigate unconventional financing structures and our dedication to understanding their vision, that has made CPC the lender of choice for their first project or their most challenging deal. We take pride in each and every one of the hundreds of projects we financed this year, and the impact they bring to communities.
Since 1974, CPC’s creative financing solutions have supported critical projects in neighborhoods across New York State and beyond, resulting in wide-reaching physical, economic, and social impacts that improve communities and people’s lives.
Investing in multifamily housing has never been simply about bricks and mortar for CPC. Our founding principle, that an investment in housing is an investment in the future of a community and the people who live there, continues to inspire our work today.
Unaudited results for the 12 months ended June 30, 2018
Rafael E. Cestero
President & Chief Executive Officer
David Rothberg
Executive Vice President & Chief Financial Officer
Sadie McKeown
Executive Vice President & Chief Operating Officer
Wanda Chin
Senior Vice President & Chief Credit Officer
Richard A. Kumro
Executive Vice President, General Counsel & Secretary
*Alan Wiener
Lead Independent Board Director
Managing Director
Wells Fargo Multifamily Capital
*Carol M. Joseph
Real Estate/Legal Consultant
*Bruce A. Beal, Jr.
President
Related Companies
Gregory R. Reimers
REB, Market Manager
JPMorgan Chase Bank
*Rafael E. Cestero
President & Chief Executive Officer
The Community Preservation Corporation
Richard Roberts
Managing Director, Acquisitions
Red Stone Equity Partners, LLC
Eduardo Diaz-Perez
Managing Director and Global Head of Real Estate and Asset Finance
Credit Suisse
*Gary Rodney
Chairman
CREA, LLC
Ingrid Gould Ellen
Faculty Director
NYU Furman Center for Real Estate and Urban Policy
Anders M. Tomson
CEO and President, Chemung Canal Trust Company
President, Capital Bank
Todd A. Gomez
Senior Vice President
Bank of America
Steven J. Weiss
Partner
Cannon Heyman & Weiss, LLP
*CPC Resources Board Members