The Habitat Company, a leading property manager and developer, announced that Matt Fiascone has been promoted to president of the organization. As president, Fiascone is charged with providing strategic leadership to guide the direction of the organization, and lead the daily operations and opportunities for expansion through development and acquisition. He also will oversee all property management and asset management services.
For the past three years, Fiascone has excelled in the role of senior vice president of Finance and Investment at The Habitat Company. His direction and expertise have paved the way for new partnerships and investment opportunities, ushering in new business that enabled considerable growth for the company.
Since joining Habitat in 2011, Fiascone has been instrumental in strategizing, executing, and managing more than $500 million of capital events. His work has included $140 million in development with joint venture equity, $160 million recapitalization of existing venture, and identifying new capital partners. He has led the negotiation and structured the acquisition of 1,200 apartment units, worth $115 million in new markets, which has allowed Habitat to increase its footprint. He also established new relationships for both debt and equity, and was the lead creator of Habitat’s dedicated asset management platform. In addition, Fiascone refinanced more than $150 million in portfolio assets with GSE’s, HUD and bank debt.
