<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1018706268302959&amp;ev=PageView&amp;noscript=1">
((o
Knowledge • News • Insights
 o))
In Partnership With

Cinnaire Appoints Senior Vice President, Equity Business Funding & Senior Vice President of Asset Management

Michigan Business Network
November 26, 2021 4:00 PM

cinnaire-logo_update

Cinnaire has announced the promotion of Josh Ghena to Senior Vice President, Equity Business Funding. Mike Witt has been promoted to Senior Vice President of Asset Management. In these leadership positions, Josh and Mike will play a key role in supporting Cinnaire’s strategic plan and providing executive oversight for the organization’s $4.9 billion asset portfolio.

Josh Ghena – Senior Vice President, Equity Business Funding

Josh joined Cinnaire in 2014 and has held positions of increasing responsibility including Vice President of Asset Management, Asset Stabilization Expert, Director of Special Assets, and Asset Manager. As Senior Vice President, Equity Business Funding, Josh manages Cinnaire’s investment strategies and provides oversight of the organization’s equity funds, investor due diligence and fund modeling. He brings more than 10 years of experience to the position.

 

Prior to joining Cinnaire, Josh provided technical assistance to distressed HUD Grantees. His work as a technical assistance provider specialized in CDBG, HOME, and NSP. Josh earned his Bachelor of Science from Calvin College and his Master of Science from the University of Wisconsin.

Mike Witt – Senior Vice President, Asset Management

An affordable housing industry veteran, Mike joined Cinnaire in 2020. As Senior Vice President, Asset Management, he is charged with overseeing the growth and development of Cinnaire’s Asset Management team and overseeing investments made by Cinnaire in numerous multifamily developments across business lines.

Mike previously served as Acting Chief of Housing at the Michigan State Housing Development Authority (MSHDA), where he was responsible for oversight of all multifamily rental programs and community development decisions. He earned his Bachelor of Arts in Finance from Michigan State University. Mike serves on the board for the Midwest Affordable Housing Management Association (MAHMA) and treasurer of his local homeowner’s association board.

 

 

 

About Cinnaire
Cinnaire is a non-profit financial partner that supports community and economic revitalization initiatives through creative investments, loans, and development services. Since 1993, Cinnaire has invested $4.7 billion to develop 811 housing communities in 10 states, providing 49,700 affordable apartment homes for more than 100,000 individuals and families, and has provided community development loans to support the creation/retention of more than 187,000 square feet of commercial, mixed-use, and community space. In its mission to change lives and transform neighborhoods into thriving communities, Cinnaire has helped to create or retain over 76,000 jobs and spurt $7.9 billion in economic impact. www.cinnaire.com 

Cinnaire - Banner Ad

Michigan Business Network is an online broadcasting company that provides knowledge, news, and insights into Michigan’s businesses, industries, and economy.