Low-Income Housing Tax Credit Veteran Joins R4

Schnitzer says Flores is a perfect fit for the R4 organization.

AUSTIN, TX— K. Nicole Flores has joined R4 Capital as executive vice president. Flores began her career in public sector housing and homeless programs, where she honed her skills navigating government rules and regulations to obtain funding. Marc Schnitzer , founder and president of R4 Capital tells GlobeSt.com:  ”R4 Capital hired K. Nicole Flores to lead its fourth acquisitions team and open its office in Austin. She has completed $1 billion in LIHTC transactions over her 25-year career. At R4, she will focus on the southwest and mountain states.” Flores has held senior management positions during career in the affordable housing industry. Most recently, Flores originated investment opportunities across a 13-state region in the southwestern United States for a top competitor. The new Austin office will expand the firm’s national presence to four office locations, including New York City, Boston and Newport Beach, CA.  R4 Capital is an affordable housing tax-credit syndicator and asset manager. At R4 Capital, Flores will be responsible for building and managing a new acquisitions team focused on states including Texas, Colorado, Arizona, Nevada and Utah, among others. Flores’ wealth of low-income housing tax credit experience ranges from development, financing, construction oversight and originations, to property and asset management. Her longstanding industry relationships throughout the country will enable her to provide access to developments and increase R4′s national coverage. R4 Capital has raised more than $1.1 billion of equity from more than 47 institutional investors since 2012. “We are very excited to welcome Nicole Flores to R4 to lead our new acquisitions team. I have known Nicole for nearly 20 years and have been impressed by her talent, integrity and the uniformly high degree of respect she commands from every corner of our industry. Nicole is a perfect fit for our organization. She will make an immediate and significant impact on our deal flow and national reach as we strive to grow our investor base and launch our new tax-exempt lending business,” says Schnitzer. Flores maintains a commitment to provide affordable housing and currently serves on the boards of Rainbow Housing Assistance Corporation and the Texas Affiliation of Affordable Housing Providers . “I am equally pleased and excited to join such a reputable organization. I have crossed paths with Marc and previously worked on financing transactions with some of his colleagues at R4 over the last 20 years in our industry and am thrilled to now be part of the team,” Flores adds.