Standard Communities, a leading affordable housing investor and developer, has promoted Jessica Mackenzie to Senior Director of Capital Markets.
In her new position, Mackenzie is responsible for the structuring and closing of Standard Communities’ transaction financing. Since joining Standard in 2019, Mackenzie has arranged the financing for over 30 transactions with a total capitalization of over $1.5 billion.
“Jessica is extremely talented in finding innovative avenues to structure our deals,” said Scott Alter, Principal and Co-founder of Standard Communities. She had a key role in our record growth in 2021—when we acquired 26 properties, with over $1 billion in total capitalization, comprising over 4,400 units,” added Alter.
Prior to joining Standard Communities, McKenzie was a Director in the Community Development Finance Group at Union Bank where she originated debt and equity financing for affordable housing transactions. Mackenzie holds a Bachelor of Arts degree from the University of California, Los Angeles, and a Master’s Degree in Urban Planning and Real Estate Development from the University of Southern California.
Mackenzie serves as a mentor with Project Destined, a leading social impact platform that provides financial literacy, entrepreneurship and real estate training, partnering with corporations, schools and non-profits to help college students across the country gain an understanding of affordable housing investment.
“Jessica’s promotion is well deserved. We are fortunate to have her as key member of our team. Her focus and energy, along with her thoughtfulness and commitment to achieving Standard’s mission, are the qualities we seek to recruit and develop for every position at Standard Communities,” said Joe Ouellette, Standard’s Chief Strategy Officer.