THE CONCOURSE GROUP NAMES NEW AFFORDABLE HOUSING DEVELOPMENT MANAGER

October 7, 2016

Annapolis, MD - The Concourse Group (Concourse) recently appointed Ms. Addy Cullen as Development Manager of its Affordable and Workforce Housing Practice to support its growing list of Housing Authority clients. Ms. Cullen’s experience in the development industry spans over 10 years and includes work on projects nationwide of affordable, multifamily, retail, and office product types. She has been responsible for the overall project management - overseeing market analysis and feasibility analysis, financing, project strategy, due diligence, and pre-construction and construction administration.

Prior to joining Concourse, Ms. Cullen worked as a Project Manager at a regional development firm where she managed relationships with clients, partners, and consultants during all development phases. Ms. Cullen’s expertise includes coordinating construction loans - including conventional, HUD, Freddie Mac and permanent loans. Ms. Cullen has also worked as an architect at Fourth Street Design Studio and Hord Coplan Macht where she developed plans and elevations, and executed projects through all levels of project completion, including conceptual design, design development, construction drawings, and construction administration.

Tom Shea, partner at Concourse said, “Addy’s strong financial and development skills will provide significant value for our housing authority clients. She perfectly supports our ability to successfully manage and deliver these projects - she is a terrific addition to the Concourse team.”

Ms. Cullen earned a Masters in Real Estate from John Hopkins University and a Bachelor of Art in Architecture (Cum Laude) from Washington University in St. Louis.

About The Concourse Group
The Concourse Group, headquartered in Annapolis, Maryland and with offices in Washington, DC, Colorado, and California, was founded in 2001 and provides consulting support in affordable/workforce housing, real estate privatization, finance, development, planning, and economic analysis. The firm provides end-to-end real property consulting throughout the entire property lifecycle to optimize its client’s portfolio.

Concourse was the winner of the MIT 2016 Small Business of the Year Award for its work developing a plan to recapitalize MIT’s research laboratory campus.

For More Information Contact:
Tom Shea, Principal
(202) 262-0453
tshea@theconcoursegroup.com