September 12, 2023
Advantage Capital, a leading impact investment firm, today announced the expansion of its Affordable Housing Solutions team with the addition of two new team members, Tori Cook and Sean Stelken.
“We are thrilled to expand our team and our ability to drive meaningful impact in underserved areas across the country,” said Cindy Colvin, Managing Director, Advantage Capital. “The Low-Income Housing Tax Credit (LIHTC) industry is seeing significant growth right now—and rightly so. There is a massive shortage of affordable housing across the country, and I am excited to grow the business and team here at Advantage Capital to help offset that reality.”
Tori Cook joins the firm as a Business Development Officer covering Georgia and Texas. She brings more than 10 years of finance experience to the role. Prior to joining Advantage Capital, Tori was a Vice President at Truist Bank within the community capital division. Sean Stelken joins the team as the Head of Asset Management. In his role, he will work on managing both federal- and state-level tax credits. Sean previously spent more than 10 years at Aegon Asset Management as a leader in the real estate and asset management division.
Advantage Capital’s Housing Solutions business has grown significantly in recent years. Overall, the firm has financed more than 9,000 housing units, bringing quality, affordable homes to nearly 14,000 residents, and is currently active in Arizona, Arkansas, Colorado, Georgia, Hawaii, Kansas, Missouri, Nebraska, Oklahoma, South Carolina, Utah, Virginia and Wisconsin.
About Advantage Capital
Advantage Capital provides financing to established and emerging companies located in communities underserved by conventional sources of capital. Since 1992, the firm has invested more than $4.1 billion in companies from a diverse array of industry sectors and has helped support more than 67,000 jobs. Learn more at advantagecap.com, or via X (formally Twitter) or LinkedIn.
Contacts
Advantage Capital
Joe Stosberg, Communications Manager
jstosberg@advantagecap.com
Advantage Capital is an Investment Adviser registered with the U.S. Securities & Exchange Commission. Such registration, however, does not imply a certain level of skill or training. This release has been prepared for informational purposes and to announce a prior event, and nothing herein should be construed as an offer of investment advisory services or as an offer to sell or a solicitation of an offer to purchase any securities or investment product. All offers of investment interests in any fund or investment vehicle managed directly or indirectly by Advantage Capital are and will be made only to qualified prospective investors pursuant to separate and definitive offering and subscription documents in accordance with applicable federal and state securities laws. Advantage Capital is an equal opportunity provider.
