Robert Golden Named Chief Executive Officer of Boston Financial
May 09 2024 - 10:00AM
Business Wire
Affordable Housing Industry Veteran to Lead
Largest LIHTC Syndicator
Boston Financial, one of the largest and most established
syndicators of U.S. Low-Income Housing Tax Credits (“LIHTC”), today
announced that Robert “Rob” Golden has been named Chief
Executive Officer (CEO) of the firm, effective May 28th. Mr. Golden
has over 25 years of affordable housing and finance experience and
will be based in Boston. As CEO, Mr. Golden will work with Boston
Financial’s Leadership Team to build on the firm’s industry-leading
platform and deep investor and developer relationships to create
opportunities for future growth and impact. He will be responsible
for overseeing all aspects of the company's operations, strategy,
and performance, with a strong focus on further advancing Boston
Financial’s mission of investing in affordable housing and
community development. He will also join the firm’s Executive and
Investment Committees.
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Robert "Rob" Golden, CEO of Boston
Financial (Photo: Business Wire)
Mr. Golden joins Boston Financial after a 19-year career at
Capital One Community Finance, where he was most recently Head of
Originations, responsible for leading debt and equity production
efforts for the firm. In his role he developed and executed a
comprehensive strategy to maximize origination volume and revenue
growth and oversaw annual production of over $1.6 billion. Prior to
this role, Mr. Golden was Head of Equity, Portfolio Management, and
Business Analysis, and designed and developed Capital One's LIHTC
investment program from inception. Over his career, he has led the
investment of over $8 billion in LIHTC, resulting in the creation
of thousands of affordable housing units.
“We are thrilled to welcome Rob to Boston Financial,” said Marie
Reynolds, Chief Operating Officer and Chief Financial Officer,
Boston Financial. “With a career that’s been focused on affordable
housing, and his passion for making a positive impact on
communities across the U.S., our teams and Rob share the same
philosophy on innovation and impact, commitment to our communities,
and dedication to our investor and developer partners. We are
looking forward to having him on board and to the evolution and
growth of our firm under his leadership.”
“I have spent my career working on creative solutions related to
the ongoing affordable housing crisis, so I am truly honored to
join the firm that I believe has been a trailblazer and the
pinnacle of the affordable housing industry for over 55 years,”
said Mr. Golden. “As our industry looks to new ideas and innovative
approaches, I look forward to connecting with the teams to draw on
their expertise and experience and work together to develop and
implement strategies that deepen our current relationships, as well
as expand capabilities for the wider investment community.”
Mr. Golden previously served as a Board Member of the Affordable
Housing Tax Credit Coalition and as President of the Affordable
Housing Investor Council (AHIC). He started his career with roles
in commercial real estate and commercial banking at Wells Fargo and
Bank of America. Mr. Golden holds a BBA in Finance from James
Madison University and an MBA from the University of Richmond.
“Boston Financial’s leadership and employees have built a market
leading business with a strong reputation for long term
relationships, commitment, and industry knowledge, and Rob is a
perfect complement to this high-performing team,” added Jeff
Abrams, Group Head of Private Credit and Real Estate at ORIX
Corporation USA, the parent company of Boston Financial. “Boston
Financial is a highly successful part of the ORIX USA platform and
an impactful business that is an integral part of our larger U.S.
client offering. We look forward to developing further partnerships
across the larger ORIX USA platform and to supporting Rob and the
Leadership Team as they start this new chapter.”
About Boston Financial:
Boston Financial is one of the largest and longest-tenured Low
Income Housing Tax Credits (“LIHTC”) syndicators in the country,
managing a $16.1 billion portfolio comprising almost 1,800
properties. Boston Financial’s vision is to create a future where
everyone has a home, one investment at a time. Boston Financial was
founded in 1969 and acquired by ORIX Corporation USA in 2016.
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Boston Financial Patrick Duggan Patrick.Duggan@BFIM.COM Tel:
617-488-3565