NHPF remains very concerned regarding the overall health and well-being of our 25,000 residents during the Covid-19 crisis. We have been actively working with our third-party management companies in taking steps such as increased cleaning of common areas, limiting resident contact except for emergency situations and, through our resident services program subsidiary Operation Pathways, providing information about resources for financial assistance, food, medicine, transportation, and needed supplies. In addition, we have placed a moratorium on all evictions for non-payment of rent for the duration of this crisis and are actively engaging our residents who have been financially impacted to discuss payment plans. We fully appreciate the social and emotional tolls the length of this crisis have taken on our residents and we will follow all local and state government directives regarding the reopening of our sites and community centers. The safety and well-being of our residents remains our highest priority.

FRANK L. SULLIVAN, Jr.

Co-Founder (retired)
Clarion Partners
Member
Center Square Investment Management Board of Directors
President
Board of Directors of East 72nd Street Corp

Frank L. Sullivan, Jr., Trustee brings to NHPF a wealth of valuable real estate experience. A graduate of Cornell University (BS) and The Wharton School (MBA), Mr. Sullivan has been involved in real estate for 43 years, the first 13 working for a bank, a development firm and, eventually, Citibank. In 1984, he, along with two others, founded Clarion Partners, now a $30+B AUM firm, from which he retired in 2014.

Mr. Sullivan’s expertise is further attested to by his activities outside Clarion. For 20 years, he was a professor of Real Estate Finance at New York University’s Graduate School of Business. In addition, he has been a visiting lecturer at Cornell University, the University of Pennsylvania, the University of Virginia, and Yale University. Lastly, Mr. Sullivan has served as an expert witness in various courts and sits on the Cornell University Real Estate Advisory Board.