CREA, LLC - Company Research Report

Company Overview

• Name: CREA, LLC

• Mission of the Company: Opportunity starts with a safe place to call home.

• Founded: March 2001

• Founders: Jeffrey Whiting

• Key People:

• Jeffrey Whiting, Executive Chairman

• Tony Bertoldi, Chief Executive Officer

• Charles Anderson, President

• Roger Shank, Chief Financial Officer

• Justin Rumer, Senior Vice President, General Counsel

• Katy McShane, Executive Vice President, Chief Human Resource Officer

• Andy Dalton, Managing Director, Chief Information Officer

• Headquarters: 30 S. Meridian St, Suite 400, Indianapolis, IN 46204

• Number of Employees: Over 145 as of June 30, 2023

• Revenue: No information is available

• Company Focus: CREA is known for its specialized focus on affordable housing investment, leveraging low-income housing tax credits (LIHTC) to create long-term partnerships with investors and developers.

Products and Services

• Products Offered: CREA offers investment banking solutions in the Low-Income Housing Tax Credit (LIHTC) industry, partnering with investors and developers.

### High-level Description & Key Features:

• Investor Partnerships:

• Legacy in affordable housing by minimizing risks and maximizing long-term benefits.

• Developer Partnerships:

• Reliable partnerships ensuring firm support and excellence in all conditions.

• Syndications:

• Structuring well-structured funds to meet investment needs and goals including Multi-Investor, State-Specific, Proprietary, State Tax Credits, and Enhanced Investment Funds.

• Acquisitions:

• Focused on portfolios across diverse markets.

• Portfolio Management:

• Comprehensive management of LIHTC equity and provision of robust investor returns.

Recent Developments

• Management Succession Plan:

• Tony Bertoldi to assume the role of Chief Executive Officer as of January 1, 2025.

• Charles Anderson to become President.

• Jeff Whiting will transition to Executive Chairman.

• Recent Closures:

• In 2024, CREA closed $1.125 billion in investor equity across the U.S., attaining a total equity raise of $1.56 billion.

• CREA Corporate Tax Credit Fund 106, LP closed on October 10, 2024, marking CREA's 37th multi-investor fund and its first dedicated to the Western States.

• New Appointments:

• David Ciminelli joined the CREA Acquisitions Team as Senior Vice President, Originator, leading Southeast Originations.

Notable Achievements and Impact

• LIHTC Equity Raised: Over $12 billion.

• Properties under Management: 958 properties.

• Affordable Homes Developed: 88K+ affordable homes.

• Social Impact Initiatives:

• Focus on varied pillars like philanthropy & giving, volunteerism, and community & employee engagement.

• Partnerships with non-profit organizations and active employee-driven charitable causes.

Contact Information

• Email: info@creallc.com

• Phone: 317 634 4797

• Offices:

• Boston, MA

• Indianapolis, IN

• New York, NY

• San Diego, CA

For a complete list of office locations and further information about CREA's leadership team, please refer to the company's main contact page or media resources.