Christopher Beda Joins WNC's Board of Advisors

IRVINE, Calif., March 5, 2020 /PRNewswire/ -- WNC, a leading provider of investment, asset management and development services for the affordable housing industry, announced today that Christopher Beda, a 30-year veteran of the multifamily industry, has joined its board of advisors.

"Chris is a passionate advocate for affordable housing," said Will Cooper Jr., president and chief executive officer of WNC. "His extensive experience in private equity within the multifamily industry will make him a valuable member of WNC's board of advisors as we continue to build our platform of preservation equity funds." 

Beda is a partner with Wabash Partners, a private real estate investment firm that focuses on multifamily real estate, which he founded in 2018. Prior to Wabash Partners, Beda was a founding partner at Carmel Partners Inc., where he helped the multifamily investment firm raise and invest $4 billion in equity from 2004 to 2017. Previously, Beda spent approximately 10 years as the acquisitions and dispositions officer for the western U.S. at Equity Residential, during which time he helped the firm acquire more than 200,000 apartment units. Beda graduated from the University of Wisconsin - Madison.

Since inception, WNC has acquired more than 1,400 properties representing approximately $9.9 billion in assets. 

About WNC
WNC, founded in 1971 and headquartered in Irvine, Calif., is a national investor in affordable housing and community development initiatives. WNC launched its preservation equity funds to acquire existing, affordable rental apartments with the objective of providing institutional investors with current cash distributions, the potential for capital appreciation and the opportunity of having a positive social impact. WNC has acquired approximately $9.9 billion of assets totaling in excess of 1,400 properties in 47 states, Washington D.C., and the U.S. Virgin Islands. WNC's investor base exceeds 19,500 institutional and retail clients, including Fortune 500 companies, multinational banks, and insurance companies. Additional information is available at www.wncinc.com.

Contact
Julie Leber
Spotlight Marketing Communications
949.427.1391
[email protected] 

SOURCE WNC

Related Links

http://www.wncinc.com