Boston Financial Investment Management Appoints Noreen Short as Chief Credit Officer – Commercial Observer

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Boston Financial Investment Management announced that the company’s chief credit officer, Jim Daileywill retire from the company in June. Noreen Shortswho joined Boston Financial last week as deputy credit manager, will assume the senior role after Dailey leaves, Commercial Observer has learned.

“Boston Financial’s proven track record and positive social and economic impact on communities across the country is what drew me to the company,” Short told Commercial Observer. “I look forward to supporting the company’s continued growth by helping it effectively manage its credit risk.”

Short has over 20 years of experience in affordable housing and has joined the company since Capital one, where she served as Senior Director and Head of Portfolio Management. There, she led the portfolio management team responsible for asset management of a $6 billion affordable housing portfolio. Previously, Short spent nine years in senior roles within the equity underwriting team at Capital One, during which time she managed 13 client relationships with regional and national syndication partners and underwrote and invested in over $2 billion in low-income housing tax credits. multi-fund investments.

She previously worked for five years at mma Financialthe predecessor of Boston Financial, performing market research on over $400 million in proprietary and multi-fund investments.

“Noreen is a highly motivated professional with deep knowledge of the industry and investor base, as well as a strong background in risk management, and we are delighted to have her join our management team,” Greg Voyentzie, CEO of Boston Financial, said in a statement. “We are confident that Noreen’s experience, combined with our transition plan, will ensure Boston Financial’s continued ability to provide best-in-class service and optimal solutions for our partners and positive outcomes for the communities we serve. .”

During Dailey’s nearly four-decade career at Boston Financial, he worked in the low-income housing industry, including managing tax credit acquisitions, business, investor sales and asset management.

“Jim has been with the company for 37 years and has been an outstanding member of our leadership team, helping us establish a strong approach to credit as well as a lasting legacy of community support,” Voyentzie said. “Jim is admired personally and professionally by all of us, and we are glad he has more time to spend with his family and young grandchildren. We thank him for his many years of dedicated service and tremendous contributions to Boston. Financial and the affordable housing community.

Emily Fu can be reached at [email protected].

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