McWhinney Appoints Seasoned Real Estate Investor to Oversee and Expand Commercial and Residential Portfolio
McWhinney, a Colorado-based real estate investor and developer in commercial, multifamily, hospitality, residential, and mixed-use assets, announced that Bill Grubbs recently joined the company as chief investment officer. In this role, Grubbs is overseeing McWhinney’s real estate investment portfolio and institutional equity capital markets activities.
“McWhinney has ambitious, yet prudent and achievable goals for developing and acquiring real estate assets in growing metro areas, and the skills and expertise Bill brings align well with our strategic plan,” said Chad McWhinney, CEO of McWhinney. “His demonstrated leadership in investment management, coupled with his superior analytical problem-solving abilities, will make him an invaluable addition to our leadership team.”
Grubbs brings over 30 years of real estate experience, including extensive work in portfolio and fund management across diverse property types and a proven track record in equity transactions, development, financing, and investor relations, working successfully with both domestic and international investors. In his new role, he will partner with McWhinney’s acquisition and development teams to recommend and secure financing programs for both the company’s existing and future portfolio, recommending debt and equity capital strategies to support the company’s goals.
Before joining McWhinney, Grubbs was with Invesco Real Estate for 20 years, most recently serving as chief investment officer for the past five years. In this role, he oversaw an impressive $45 billion in assets across various equity and debt strategies and was the founding Lead Portfolio Manager for Invesco’s flagship open-end fund. A longtime civic leader, he was also a staff member for U.S. Senator William Armstrong of Colorado.
“I’m thrilled to be joining McWhinney and look forward to working alongside our team here to identify and capitalize on emerging trends and opportunities in the market with the goal of delivering strong results with consistency and transparency to our investors,” said Grubbs. “McWhinney has a strong track record for excellence and innovation in the real estate industry, and I look forward contributing to our continued success.”
Rocky Mountain Communities Hires Su Chae as Vice President of Finance
Denver-based affordable housing nonprofit, Rocky Mountain Communities (RMC), has hired Su Chae as vice president of finance. Su brings 13 years of experience in non-profit accounting and finance to the organization.
“As Rocky Mountain Communities grows, our financial needs and needs for rigorous controls expand, as well,” said Mark Marshall, CEO of Rocky Mountain Communities. “We are excited that Su has joined our team to lead our accounting and finance department in supporting the organization’s mission of providing affordable housing and services to the families we serve.”
As vice president of finance, Su will oversee all finance and accounting functions for RMC, including owning annual budgets, overseeing cash management, structuring and negotiating loan and partnership documents, managing partnerships in cooperation with legal counsel, annual audits and more.
Su’s accomplishments include managing a $240 million investment portfolio, managing a multi-faceted organization with four distinct lines of business, and leading an organization’s financial operations during an extended absence of a CEO, among others.
Most recently, and prior to joining Rocky Mountain Communities, Su worked as the director of finance and accounting for NextFifty Foundation. She has also worked for Habitat for Humanity of Metro Denver, Seniors’ Resource Center and Heather Gardens Association.
Su has a bachelor of science in accounting from Metro State University. She loves Colorado’s outdoors and takes full advantage of everything the mountains have to offer. In the summer, she enjoys hiking, rafting, backpacking, camping, and climbing 14ers (She has climbed 26!). In the winter, she is an avid skier. She and her husband are proud parents of two adult sons and a very energetic dog.
Denver Housing Authority’s Joshua Crawley Appointed to Metro Denver Homeless Initiative Board of Directors
Denver Housing Authority (DHA) announced that Chief Operating Officer and General Counsel Joshua Crawley has been appointed to the Metro Denver Homeless Initiative (MDHI) Board of Directors.
“I am excited to join MDHI and help advance their vision to ensure our region is a place where everyone has a safe, stable place to call home. I share MDHI’s values to be inclusive, collaborative, innovative, informed, and bold. I look forward to our work together to lead and advance collaboration to end homelessness in Metro Denver.”
Crawley has served as in-house counsel for the Housing Authority for DHA since November 2004. As COO & General Counsel he provides leadership in the development and implementation of the agency’s housing and community development goals, policies, and strategic initiatives. Crawley oversees the Legal, Human Resources, and Audit & Compliance departments as well as the administration of the agency’s public and assisted housing, mixed-income communities, Housing Choice Voucher (“HCV”) program, and resident and community services initiatives.
In his role with MDHI, Crawley will work alongside the Board of Directors to establish policy and direct the activities of the organization and its committees. Board members govern the overall direction of MDHI and provide input and resources to programs.
