Regions Bank Builds on Affordable Housing Commitment with Addition of Industry Veteran Sean Creedon
07 Ottobre 2022 - 3:00PM
Business Wire
Creedon to expand Regions Affordable Housing’s geographic reach
to the West Coast as senior vice president and relationship
manager.
Regions Bank on Friday announced Sean Creedon has joined the
company’s Affordable Housing Division and will serve as senior vice
president and relationship manager for Regions’ Real Estate Banking
group.
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Sean Creedon has joined the company’s
Affordable Housing Division and will serve as senior vice president
and relationship manager for Regions’ Real Estate Banking group.
(Photo: Business Wire)
In this role, Creedon will lead the sourcing and origination of
affordable housing transactions in several key Western markets,
including across California, Oregon, Nevada and Arizona.
With over 17 years of experience in the affordable housing
industry, Creedon will leverage his skills and insights to support
financial transactions that enable more people to have access to
modern, safe affordable housing. He will report to Victor Sostar,
co-head of Originations for Regions Affordable Housing.
“There is an urgent need for more affordable housing in cities
across the country, particularly along the West Coast, and Sean’s
depth of experience will lead to beneficial results for our clients
and for many people and families who are in need of more affordable
options,” Sostar said. “Sean’s background will also help Regions
expand its geographic coverage along the West Coast. We look
forward to introducing Regions’ brand of superior service to more
clients as we fulfill our mission to make life better for the
people and communities we serve.”
Based in the San Francisco Bay Area, Creedon has held positions
at Berkadia, AEGON, and Capmark. His diversified experience
includes affordable housing finance, tax credit equity investing,
originations and business development, renewable energy, and
underwriting.
Creedon earned his Bachelor of Business Administration from the
University of Notre Dame. He also founded and is an active member
of a nonprofit charitable foundation that raises funds for
child-oriented community organizations.
Regions Affordable Housing LLC is a national LIHTC investor,
syndication firm, and leader in affordable housing. Regions Bank is
one of the nation’s largest participants in affordable housing
finance through the LIHTC program, providing comprehensive real
estate banking and capital markets services to meet the debt and
equity capital needs of developers and investors. Regions Bank is
also a Fannie Mae DUS MAH Lender, HUD/FHA Affordable Lender, and
Freddie Mac Optigo TAH lender.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $161 billion in
assets, is a member of the S&P 500 Index and is one of the
nation's largest full-service providers of consumer and commercial
banking, wealth management, and mortgage products and services.
Regions serves customers across the South, Midwest and Texas, and
through its subsidiary, Regions Bank, operates approximately 1,300
banking offices and more than 2,000 ATMs. Regions Bank is an Equal
Housing Lender and Member FDIC. Additional information about
Regions and its full line of products and services can be found at
www.regions.com.
Regions News Online: regions.doingmoretoday.com
Regions News on Twitter: @Regions News
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