ORBACH AFFORDABLE MANAGEMENT - Key Persons
As General Counsel of The Orbach Group, OAHS and affiliated companies, Mr. Friedman offers counsel on a variety of legal issues and provides strategic legal advice to ownership and senior management.
With over two decades of affordable housing real estate experience, Elena Linnik provides significant expertise in administering and managing regulatory programs and building operations. As Director of Operations, Ms. Linnick supervises operations throughout the entire OAHS affordable housing portfolio, as well as recommending and implementing organizational improvements across the OAHS organization.
With over 30 years of real estate experience, Mr. Pinero's develops management plans, and maintains viability of the developments through rigorous preventative, ongoing maintenance.
Job Titles:
- Director of Development and Construction
As Director of Development and Construction, Mr. Birman supervises and implements all of OAHS's development and construction initiatives, associated capital improvement projects, and all related operational strategies. Mr. Birman is involved in organizational process improvements across the residential and commercial portfolios.
Jay Reinhard has over 20 years of affordable housing experience as a developer in procuring and financing low-income housing transactions of over $2 billion mainly using tax-exempt debt.
Mr. Orbach has nearly two decades of experience as the Chairman of The Orbach Group, a second-generation, full-service real estate organization that owns and manages a diverse portfolio of quality assets valued at over $2 billion.
Chief Financial Officer of The Orbach Group, OAHS and affiliated companies. Ms. Philipson's responsibilities include overseeing all accounting and financial reporting for all properties managed by OAHS, which includes tracking cash flow and financial planning as well as analyzing the companies' financial strengths.
Director of Human Resources of The Orbach Group, OAHS and affiliated companies. Ms. Lorenti has over 15 years of experience implementing systems for managing staff benefits, training, payroll, and onboarding of new employees. She also oversees the administrative functions to ensure the productivity of the company.
Sandy Hill Terrace is an eight story, 175-unit, senior (ages 62 and above) housing complex, located at 330 Walnut Street in Norristown, Pennsylvania. The building consists of 150 one-bedroom units and 25 two-bedroom units. OAHS secured a first mortgage loan in the amount of $20,900,000, and Pennsylvania Housing Finance Agency provided the Tax-Exempt Mortgage-Backed Bonds (M-TEBS) on the 4% low-income housing tax credits (LIHTC). The tax-exempt bonds will convert into a permanent loan with a 15-year term, preserving Sandy Hill Terrace as an affordable housing asset for many years. The preservation and rehabilitation project commenced in November, 2019 and was completed in November, 2020 (notwithstanding mandated closures and restrictions due to the Covid-19 pandemic).