Peabody, Massachusetts, June 30, 2015: Stratford Capital Group (“Stratford Capital”) is pleased to announce the hiring of John J. Sorel as Senior Vice President. He is a member of Stratford Capital’s acquisitions department primarily involved with the analysis, underwriting and acquisition of real estate investments.
John joins Stratford Capital with over twenty eight years of experience working in the affordable housing industry. Prior to joining Stratford Capital, he was a Managing Director at Berkeley Point Capital responsible for a range of asset management, special asset management and risk management functions. Mr. Sorel was previously a Managing Director at Centerline Capital and its predecessor companies in New York where he specialized in affordable multifamily equity and debt finance. Mr. Sorel has a Bachelor’s Degree in Economics from Syracuse University.
About Stratford Capital:
Stratford Capital is a privately owned national real estate investment and development firm, with a particular focus on affordable rental housing, with offices in Boston, Massachusetts and Vienna, Virginia. The principals of Stratford Capital have over 100 years of combined experience in all aspects of Low-Income Housing Tax Credit investment and development. Stratford Capital’s current multifamily rental housing portfolio consists of over 16,200 apartment units located in twenty-eight states and the District of Columbia.
I have worked with the principals of the Stratford Capital Group for several years and have invested in a number of their multifamily offerings as an economic joint venture partner, for tax credits and also as a bridge loan participant. They are disciplined, know what the objectives are and detailed from an asset management perspective. Our relationship has been rewarding, and throughout it, they have treated us like partners.