CEO, MBA Properties, INC, President, McCormack and Baron Salazar
As the Chief Executive Officer of MBA Properties, Inc., Vincent Bennett is responsible for the overall performance of the McCormack Baron Companies, encompassing McCormack Baron Salazar (development division), McCormack Baron Management (property management division), McCormack Baron Asset Management, MBS Urban Initiatives, CDE (new market tax credits), and MBS Consulting. As the President of McCormack Baron Salazar, Mr. Bennett oversees all aspects of development and manages a talented, multi-disciplinary team of design, construction, legal, finance, and project management staff across the country. He holds expertise in public-private partnerships, including public housing transformations and large-scale neighborhood master redevelopment efforts.
Mr. Bennett’s experience includes structuring and negotiating mixed-finance/mixed-income transactions, incorporating Low-Income Housing Tax Credit equity, Community Development Block Grants, HOME, HOPE VI/Choice Neighborhoods, PHA Capital, foundation funding, corporate donations, grants, and conventional debt. He facilitates communication with local community organizations, elected officials, residents, lenders, foundations, and state, local, and federal agencies. Mr. Bennett champions the company’s sustainability efforts and has overseen the development of over 8,000 green homes certified under LEED, EGC, and other sustainable building programs.
A graduate of the University of California in Santa Cruz with B.S. degrees in Economics and Psychology, Mr. Bennett earned a M.S. degree in Management and Public Policy with concentrations in Financial Management and Urban Development and Planning at Carnegie Mellon University. He serves on the boards of the Gateway Metro YMCA, Zoological Park Subdistrict Commission, Center for Community Progress, and Paramount Bank. Additionally, he is a member of the Regional Business Council, Council of Large Affordable Housing Organization Developers, and Affordable Housing Developers Council.