Senior Vice President, Business Development
Ben Stehouwer is the Senior Vice President of Business Development for Cinnaire and is located in the organization’s Grand Rapids office. He is responsible for origination of LIHTC equity developments and loan opportunities in the State of Michigan. Prior to his current role he has served as Vice President of Underwriting and LIHTC Equity Underwriter for Cinnaire. In his capacity of Vice President of Underwriting he assisted the Chief Underwriter in overseeing Cinnaire’s Underwriting operations for their Great Lakes Region and Mid Atlantic Region. Cinnaire’s Underwriting staff consists of thirteen staff members responsible for deal feasibility, deal structuring, negotiation of deal terms and commitments, and deal closings. Prior to his role as Vice President, he underwrote and closed over $300MM of equity investments in Low Income Housing Tax Credits and Federal Historic Tax Credits for Cinnaire as an Underwriter. Before joining Cinnaire in 2011, Ben served as Director of Real Estate Development Finance for the Inner City Christian Federation, a non-profit real estate development organization located in Grand Rapids. He has ten years of experience with LIHTC Equity transactions and overall seventeen years of experience in the real estate development industry. Mr. Stehouwer has earned a Bachelor’s degree in Economics from Calvin College and a Master’s Degree in Business Administration from Grand Valley State University.