Mr. Croft is President and Chief Operating Officer of RED’s mortgage banking group, Red Mortgage Capital, Inc., and is a member of RED CAPITAL GROUP’s Executive Committee. He was formerly the President & COO of Red Capital Markets, Inc., overseeing Red’s investment banking activities including tax-exempt bond underwriting and tax credit syndication. He joined RED CAPITAL GROUP’S predecessor entity in April 1991 and is regarded as a national expert in the tax-exempt financing of multifamily housing and health care (including seniors, assisted living and nursing) projects and has senior managed over $2.0 billion of fixed and variable rate housing and health care bond issues. His broad range of transaction experience covers new money issues, current refundings, advance refundings, residual value extraction transactions, complex loan workout restructurings and default refundings, and Section 8 assisted projects. He has deep experience with multifamily and seniors mortgage debt, with particular expertise regarding FHA insured mortgage loans, GNMA mortgage-backed securities, and Fannie Mae MBS/DUS loans. He served on the Board of Directors for the National Leased Housing Association based in Washington, D.C. and is currently on the Board of Directors of the Ohio Housing Council and served as its president in 2003-2004. Mr. Croft graduated from The Ohio State University and is a non-practicing Certified Public Accountant. |