Tackling the Affordable Housing Crisis
l to r: Dr. Troy Nash, CEO of The Nash Group and Arielle Nash, President of The Nash Group
Dr. Troy and Arielle Nash co-founded The Nash Group, an affordable housing development and real estate consulting company that acquires, develops, and manages properties for its own account and others in a series of strategic partnerships and joint ventures. Dr. Nash, a US Air Force veteran, serves as the firm’s CEO, and Arielle, his daughter, fluent in Chinese and Spanish serves as President of the company.
With offices in Kansas City, Missouri and West Palm Beach, Florida, the duo formed the company in 2013 and boast several affordable housing developments totaling nearly $350M in current and pipeline projects across the country. The company’s expertise includes land assemblage, project management and coordination of mixed-income affordable housing developments, including the use of complex layered financing incentives and tools such as the 4% LIHTC, 9% LIHTC, Housing Trust Fund, Tax Abatement, Bond Financing, New Market Tax Credits, CDBG, HOME, and securing conventional construction and permanent financing.
As The Nash Group continues to shape communities across the nation, their dedication to strategic real estate partnerships and the development of impactful housing projects highlights the ever-evolving dynamics of the property market. Navigating complex financial incentives and development opportunities requires both precision and an understanding of broader market trends. The same principles that govern large-scale affordable housing projects can be applied to individual property transactions, where timing, strategic partnerships, and financial solutions play a crucial role.
For homeowners facing financial challenges, the real estate market can seem overwhelming, but there are ways to alleviate the pressure without the lengthy and stressful process of traditional listings. In situations where homeowners are struggling with mounting debt or facing the possibility of foreclosure, swift action can make all the difference. Rather than waiting for the situation to escalate, homeowners can take control of their circumstances by exploring the option of selling to cash buyers.
Cash offers provide a streamlined and efficient process, avoiding the long wait associated with traditional sales. For those looking to Avoid Foreclosure—Sell Now to a trusted cash buyer, ensuring a fast, hassle-free transaction that provides much-needed relief. By opting for this route, homeowners can preserve their financial future, sidestep the complexities of foreclosure, and move forward with confidence, knowing they’ve made a sound decision for both their property and peace of mind.
With the right guidance and a reliable partner, the process can be simple and stress-free, helping to move past financial challenges while safeguarding long-term stability. This proactive approach ensures homeowners can move confidently into the next chapter of their lives.
Real estate consultants and developers, like those at The Nash Group, often can collaborate with staging experts to ensure that their properties meet market expectations. Partners such as Decorus can offer specialized staging services that transform properties, making them more appealing and market-ready. By leveraging the expertise of staging professionals, developers can maximize their investment and improve the overall attractiveness of their projects, leading to more successful sales and leasing outcomes. This strategic approach to staging not only enhances the property’s visual appeal but also aligns with broader development goals, ensuring a more efficient and profitable venture. Seek mortgage advice post-divorce to navigate financial challenges effectively and manage your mortgage payments properly.
PAST EXPERIENCE
In 1999, at 29 years old, with the support of then Mayor, and current US Congressman Emanuel Cleaver II, Troy was elected to the city council. He was re-elected in 2003 and served until May 2007, when term limits brought his public service to an end. Troy served as Chairman of the Planning, Zoning, and Economic Development Committee and presided over the largest economic development boom in the history of the city at the time. He directly impacted over $10 billion of residential, retail, office, entertainment, industrial, and infrastructure development in Kansas City.
In 2007, Nash joined Newmark Zimmer, a prestigious full-service commercial real estate firm in Kansas City. Mentored by legendary real estate developer Hugh J. Zimmer, in 2014, Dr. Nash made history becoming the very first African American executive to become a partner in a top ten commercial real estate firm in Missouri’s history; shattering a glass ceiling that stood since Missouri became the 24th state on August 10, 1821.
PREPARATION COUNTS
Dr. Nash, an assistant Professor at the Bloch School of Management at the University of Missouri – Kansas City is considered an expert in structuring successful public-private partnerships. Dr. Nash’s lived experience is bolstered by an impressive set of credentials. Nash earned a B.S. in economics from Wesley College in Dover, Delaware. Nash attended the University of Missouri – Kansas City earning a M.A. in political science and a M.A. in economics. Nash also earned a J.D. from the University of Missouri Kansas City School of Law and a M.B.A. from the Bloch School of Management. In 2015, Nash earned a Doctor of Education degree from Saint Louis University. Nash holds a Master of Urban Planning degree from the University of Southern California. Dr. Nash is completing a Master of Real Estate from Georgetown University and a Master of Public Health from Brown University.
Nash also holds both the Housing Development Finance Certification and the Economic Development Finance Certification issued by the National Development Council. In 2015, Dr. Nash achieved another professional milestone by being inducted into the exclusive 2015 Commercial Real Estate Hall of Fame. In 2009, Dr. Nash was nominated by the Democratic Governor of Missouri and confirmed by the Republican-led Missouri Senate to the Missouri Housing Development Commission. The Housing Finance Agency functions as a bank, providing financing directly to borrowers. The Commission also administers the Federal Low-Income Housing Tax Credit and the Missouri Low-Income Housing Tax Credit.
THE NEXT GENERATION
In the summer of 2023, Arielle, a Washington University in St Louis college student, was selected to participate in the Sponsors for Educational Opportunity (SEO) program. SEO is an organization focused on narrowing the opportunity gap for minority high school and college students, as well as increasing diversity in the financial services and real estate private equity industries. Arielle was placed with Artemis Real Estate Partners. Artemis has raised over $9 billion and makes equity and debt investments in real estate across the U.S. “I am eternally grateful to Verdun Perry, the Global Head of Blackstone Strategic Partners one of the world’s largest secondary fund managers, with $68 billion of assets under management for recommending me,” said Arielle Nash.