RailField Partners stands proudly in the multifamily space with a commitment to improve the communities in which their residents live and work. And their target residents are those seeking affordable “workforce housing.” RailField's Managing Partner, Kenneth Bacon, and Chief Investment Officer, Jon Siegel join host Alison Johnson to discuss their time at Fannie Mae and how it guides the affordable housing business model today.
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Kenneth Bacon is Co-founder and Managing Partner of RailField Partners. Prior to forming RailField, Ken spent 19 years at Fannie Mae, most recently as Executive Vice President and Head of the Multifamily Business. During his tenure, Ken oversaw a portfolio of $195 billion in assets, consisting of multifamily mortgages, conventional equity, low-income housing tax credits and mezzanine debt. Prior to running the multifamily division, he was responsible for the management of the American Communities Fund, and the affordable lending and community development initiatives of Fannie Mae. Learn More About Kenneth >>>
Co-Founder and Chief Investment Officer
Jon Siegel is Co-Founder and Chief Investment Officer of RailField Partners. Prior to forming RailField, Jon was a founding partner of J. S. Watkins Partners, an advisory firm that has advised clients in over $25 billion of multifamily transactions. Clients included a number of large financial institutions and other prominent industry players. The firm was also retained by HUD as its exclusive Loan Sale Advisor for all of its multifamily loan sales. Prior to forming J.S. Watkins Partners, he was Director of Structured Transactions in Fannie Mae's Multifamily group with responsibility for identifying, structuring, negotiating, and closing large scale transactions with many of the nation's largest lenders and property owners. Learn More About Jon >>>
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NMHC Emerging Leaders
Code 53 is produced in collaboration with the NMHC Emerging Leaders Committee, the Council's program for rising stars in multifamily. Thank you to the committee for helping bring this podcast to life.