Fred C. Mitchell joined NHPF in 2010 as a Senior Vice President. He has lead responsibility for the management of NHPF’s portfolio assets. Those assets include more than 7,500 units in 45 multifamily properties located in 15 states and the District of Columbia. This portfolio of properties under Mr. Mitchell’s management has an aggregate gross asset value of over $200 million and an occupancy rate of 96%. He oversees grant compliance and reporting associated with more than $185 million of project funding secured by NHPF for rehabilitation, acquisition, maintenance, and support services.
Mr. Mitchell has over 25 years of experience in property and asset management including 12 years managing Section 42 properties. During his tenure as the Director of Asset Management for Centerline/Related Capital, he oversaw an equity portfolio of 1,300 affordable multi-family properties, as well as a Fannie Mae/Freddie Mac loan portfolio of 2,500 properties. During his career, Mr. Mitchell has been involved with multi-family assets in all 50 states and Puerto Rico. His experience also includes a role as part of the task force that closed the sale of a $3 million bond portfolio and as the negotiator of the largest single workout (18 properties) in his previous company’s history.
Mr. Mitchell is past president of both the Chicagoland and Illinois Apartment Associations. He holds both the Certified Property Manager and Housing Credit Certified Professional designations, and is a licensed real estate broker in Illinois. Mr. Mitchell holds a B.S. from the University of Connecticut/Post College and completed graduate courses at The University of New Haven and the University of Houston.