Paul Salib

Chief Executive Officer

Mr. Salib is CEO of CRP Affordable and directs the acquisition and asset management of the firm’s holdings.

Previously, Mr. Salib was a Senior Vice President at Red Stone Partners, where he was involved in the acquisition and financing of over $1 billion in affordable housing transactions. Mr. Salib was primarily responsible for performing valuation analysis, due diligence and transaction execution.

Mr. Salib received a Bachelor of Science in Finance from Syracuse University and received his Master’s degree in Real Estate Finance and Investment from New York University. Mr. Salib is also an Adjunct Professor at NYU’s Schack Real Estate Institute and has served on the Board of Directors of New York State Association for Affordable Housing (NYSAFAH).

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John Salib

President

Mr. Salib is President of CRP Affordable and is responsible for overseeing all aspects of the firm’s investments and operations.

Mr. Salib began his career at Salomon Smith Barney in New York, where he focused on fixed income finance, real estate acquisition finance and mortgage securitization. Mr. Salib was a member of transaction teams that originated and/or securitized approximately $3 billion of debt financing for a variety of commercial and residential real estate clients.

Mr. Salib was subsequently a member of the Salomon Smith Barney team in Tokyo. Mr. Salib was primarily responsible for performing valuation analysis and due diligence on potential acquisition/financing candidates. Mr. Salib is also a founder of Landmark Advisors LLC, a value oriented alternative investment management firm.

Mr. Salib received a Bachelor of Arts from Colgate University and a Masters of Business Administration from Columbia Business School.

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Rick Serrapica

Chief Operating Officer

Mr. Serrapica is Chief Operating Officer and brings more than 30 years of experience developing and managing various asset classes including multifamily, commercial, retail and industrial properties.

Prior to joining CRP, Mr. Serrapica was a Partner at Broadway Partners, a real estate owner/operator, with the overall responsibility of managing a national portfolio comprised of twenty-eight assets. Prior to Broadway, Mr. Serrapica was Regional Director of Construction and Property Management at Shorenstein Realty Services, one of the country's largest real estate owner/operators. Prior thereto, he was Senior Vice President as well as Director of Construction and Property Management for SL Green Realty Corp. He has held similar positions at the Swig, Weiler and Arnow Management Co., Cross and Brown and Chase Manhattan Bank.

Mr. Serrapica received a Bachelor of Science and a Masters of Business Administration from Long Island University.  He is a Registered Property Administrator and a Certified EPA Project Designer.

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Joel Hammer, CPA

Chief Financial Officer

As Chief Financial Officer, Mr. Hammer is responsible for leading and directing the company’s Finance and Accounting functions.

Mr. Hammer has more than 25 years of experience in leading the financial, accounting, operational and administrative aspects of real estate investment companies. In addition, he has significant involvement in IPOs, and merger, acquisition and disposition transactions.

Mr. Hammer spent the early part of his career at KPMG, specializing in private and publicly registered companies in a broad range of industries, including real estate and emerging businesses. Subsequently, Mr. Hammer spent 17 years as the Chief Financial Officer at AIG’s Global Real Estate group, playing a significant role in the group’s expansion from startup to a company whose global portfolio had more than $25 billion of assets under management, with upward of 53 million square feet in more than 50 countries.

Mr. Hammer is also an adjunct professor at Baruch College. Mr. Hammer, a CPA, graduated magna cum laude from the State University of New York with a Bachelor’s degree in accounting.

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Seth Sterneck

Managing Director of Development & Deal Execution

Mr. Sterneck is the Managing Director of Development & Deal Execution. He is responsible for the financial modeling, due diligence, evaluation and acquisition of potential LIHTC-financed development sites. Further, Mr. Sterneck works directly with local subject matter experts to determine, finalize and carry out the financing, business, and building plans for each project.

Mr. Sterneck graduated with a Bachelor of Science from Northwestern University.

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Michele Romano

Director of Investor Communications

As Director of Investor Communications, Ms. Romano is responsible for CRP’s communications and reporting. 

Ms. Romano was formerly at Citigroup Global Markets Inc for six years on the securitized lending team. She served as a Portfolio Manager specializing in credit card and unsecured consumer receivables managing the daily lending, reporting, and risk functions of a multi-billion dollar portfolio. 

Ms. Romano graduated with a Bachelor of Business Administration in Finance from the Zicklin School of Business at Baruch College.

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Jack Burlison

Associate

Mr. Burlison is an associate for CRP Affordable.  Previously, he was a consultant at Savills, where he worked in corporate real estate strategy.

Mr. Burlison earned his B.A. in English from Amherst College where he was captain of the men’s golf team.

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Gregory Nestler

Associate

Mr. Nestler is an Associate for CRP Affordable. Previously, he worked as an Acquisitions Analyst at The Richman Group on their Low-Income Housing Tax Credit Syndication team.

His responsibilities included underwriting transactions, preparing investment transaction summaries, and organizing due diligence efforts. He holds a BSBA in Finance from Drexel University’s LeBow College of Business.

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Ryan Andrusz

Analyst

Mr. Andrusz is an Analyst for CRP Affordable. He previously worked at BBG Real Estate Services, with a focus in multifamily and affordable housing valuation services.

Mr. Andrusz earned his B.A. in Business and Economics from Kalamazoo College where he was a four-year letter winner of the football team.