Executive Team

 

 

Robert E. Spangler, Managing Director (New York, NY)

Bob Spangler is a Managing Director in the New York office of RBC Capital Markets.  As the Manager of the Housing Capital Group and Municipal Finance-West Region, Mr. Spangler has responsibility for the Firm's municipal finance offices in Arizona, California, Colorado, New Mexico and Texas.  In addition, he manages the Housing Capital Group which consists of RBC CM's Tax Credit Equity Group and housing finance effort.  Mr. Spangler is a nationally recognized leader in the structuring of complex multi-family transactions with over 20 years of housing and structured finance experience.  In the past ten years, Mr. Spangler has served as senior managing underwriter or financial advisor on over 150 tax-exempt and taxable financings totaling over $2.5 billion nationwide.

Mr. Spangler received a Master's Degree in Management from the J.L. Kellogg Graduate School of Management at Northwestern University and a BA in History from Stanford University.  Mr. Spangler was formerly with First Union Capital Markets (now Wachovia Securities), where he was a Senior Vice President and Manager of the Housing Finance Department.  Prior to joining First Union, Mr. Spangler worked in the housing finance department of Merrill Lynch & Co.

 

 

Anthony J. Alfieri, Director - Chief Credit Officer (Cleveland, OH)

RBC - Group Risk Management

 

Tony Alfieri has worked extensively in the banking industry for over 20 years, primarily specializing in real estate finance and credit.  He currently serves the business unit from the RBC Group Risk Management structure.

Prior to his appointment as RBC Tax Credit Equity Group's Chief Credit Officer in May 2006, Mr. Alfieri was a Director in Wachovia Bank's Tax Credit Investment Group, where he served in various capacities including origination and underwriting, and as Director of Risk Management, with approval authority for new equity investments. He managed, trained, and developed a staff of underwriters and analysts, with primary responsibility for all components of real estate equity and debt risk. Additionally, he provided risk management oversight and credit approval authority for the tax credit asset management function for a multi-billion-dollar portfolio of debt and equity. In this capacity, Tony approved workout plans and restructures for distressed debt and equity.

In his 10-year career at Wachovia, Mr. Alfieri was also a Senior Credit Officer in the Asset Securitization Department, and a Real Estate Credit Officer in Northern Virginia and in the Real Estate Capital Markets group in Charlotte, NC.

Prior to joining Wachovia, Tony had careers at both Fleet Bank and Chase Manhattan, where he received his formal credit training. He was a commercial real estate Department Manager and a Relationship Manager, with primary territory in upstate New York. Tony is a graduate of Nazareth College in Rochester, NY, with a BS degree in Business Administration and an Economics concentration.  

 

 

Emily E. Evers, Director - Investor Relations / Business Development (San Francisco, CA)

 

Emily Evers currently functions as a Director with Investor Relations and Business Development responsibility.  Emily joined RBC's Tax Credit Equity Group in mid-2006 as Regional Director of the West Coast office, focused primarily on Northern California, Nevada, Oregon, Washington, and Colorado origination activity.

Ms. Evers experience includes the acquisition of affordable, new market and historic tax credit properties nationwide. Emily has worked with non-profit and for-profit developers, underwriting a variety of property types such as HOPE VI and special needs housing, and structured transactions that involved both federal and state tax credits.

Prior to joining RBC in 2006, Emily was a Vice President with AEGON Community Investments for four years, worked for the AFL-CIO Housing Investment Trust, and a Boston development consulting firm. Emily graduated with honors from the University of Chicago with a B.A. in Public Policy.

  

 

Russell T. Ginise, Director - Investor Relations (Columbus, OH)

 

Russell Ginise joined RBC's Tax Credit Equity Group in June 2009 as Director - Investor Relations responsible for investor relationships on tax credit syndications and development of new markets tax credit products.

Prior to joining RBC, Mr. Ginise spent nearly a year with Red Capital Group as Director, Portfolio Management.  In addition, he spent several years in leadership roles with a boutique real estate investment fund and in development of tax credit financed multi-family housing.  During the period 2001 to 2006, Mr. Ginise was with Paramount Financial Group holding several positions including Senior Vice President, Acquisitions and Equity Investments.  Prior to that time he was with Sun America for two years as Vice President, Acquisitions.  Mr. Ginise also spent nine years as a practicing attorney in Beverly Hills, CA.

Russell Ginise has a Juris Doctorate from the Pepperdine University School of Law and a B.A. in Political Science from UCLA.

 

Michael Riechman, Director - Syndications (Cleveland, OH)

 

Michael Riechman serves as Director - Syndications of RBC's Tax Credit Equity Group, responsible for managing Investor Relations and Syndication staff, and developing and maintaining investor relationships. He started with RBC in 2003 at the Washington, DC office, in Acquisitions.

 

Prior to joining RBC, Mr. Riechman was an Asset Manager for Fannie Mae's American Communities Fund where he was responsible for a multi-family equity portfolio in excess of $100 million. He also served as a Manager in the Real Estate Consulting Group of Reznick Fedder & Silverman where he was responsible for advising clients in structuring real estate transactions with a specific concentration in low-income housing and historic projects, and in seeking and obtaining sources of funding.

 

Prior to that, Mr. Riechman spent three years as a Development Associate where he successfully structured, financed, and managed over 1,000 housing units. A graduate of the University of Cincinnati, Mr. Riechman completed his Masters in Business Administration at American University's Kogod School of Business.

  

 

Craig S. Wagner, Director - Originations (Charlotte, NC)

Craig Wagner currently serves as Director - Originations for RBC's Tax Credit Equity Group with overall responsibility for the nationwide staff in their originations and investment management functions.  Prior to this role, Craig was the Regional Director - Southeast where he led a team in the areas of origination, financial underwriting, and partnership structuring of investments.  He originally joined RBC in 2002, and served as a Vice President for acquisitions in the Charlotte office, with a focus on originations in North Carolina, South Carolina and Tennessee.

Craig's experience includes the acquisition and underwriting of LIHTC, HTC, and various state tax credit investments.  He has worked with numerous housing authorities, for-profit developers, and non-profit developers on various property types including HOPE VI, mixed-income, and mixed-use transactions.

Prior to joining RBC, Mr. Wagner served in various leadership roles as an officer in the United States Navy and as a production manager for Frito Lay, Inc. in California.  Craig, a graduate of Northwestern University with a Bachelor of Arts in Economics, earned his Masters in Business Administration with concentrations in Real Estate and Finance from the Kenan Flagler Business School at the University of North Carolina-Chapel Hill.

 

Michael J. Wiggers, Director - Asset Management & Operations (Charlotte, NC)

Michael Wiggers serves as Director - Asset Management & Operations for RBC's Tax Credit Equity Group, and is responsible for leadership and management oversight of the Company's asset management department and general operations.  These responsibilities include ensuring consistent, efficient, high-quality and customer-focused execution to enable the Company to achieve its financial, operational and strategic goals.  Michael ensures the Company has adequate people, processes and systems to meet such goals.

Prior to his current role, Michael served as the Company's Chief Financial Officer.  Before joining RBC in 2001, Mr. Wiggers worked in the Real Estate and Construction Group at Hausser + Taylor, LLP where he specialized in tax and accounting projects for many types of real estate entities, such as architects, contractors, developers, management companies and syndicators. He gained experience preparing and supervising cost certifications for low-income housing projects, preparing financial underwriting for low-income housing and historic rehabilitation developers and supervising annual audits and tax engagements.

Mr. Wiggers graduated with honors from Ohio University with a Bachelor of Business Administration in Accounting and Business Pre-Law and earned his CPA thereafter. He is a member of the American Institute of CPAs.