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Housing Trust Group (HTG), an award-winning multifamily developer and one of the nation’s top affordable housing developers, has announced the appointment of Mario Robaina II as chief financial officer (CFO).
Robaina was promoted from vice president of finance to the new role. As CFO, he will be responsible for accounting, budgeting and forecasting, strategic planning, cash management, and asset management for the entire HTG enterprise. He reports to president and CEO Matthew A. Rieger.
HTG is a multifamily residential community developer with over 6,000 affordable and market-rate units throughout Florida, Texas, and Arizona, as well as more than 2,000 new apartments in the pipeline.
“Mario is an integral member of our team whose leadership skills, successful track record in finance and dedication to the mission of HTG has earned him the position of chief financial officer,” Rieger said.
Robaina joined HTG in 2015 as vice president of finance, where he oversaw structuring, modeling, underwriting, negotiating, and closing a range of multifamily 9 percent and 4 percent LIHTC developments. Prior to joining HTG, he held various roles at Cornerstone Group and Flagler, and had closed over $1 billion in new construction, redevelopment, and refinancing real estate transactions including condominium, market-rate rental, LIHTC rental, commercial, office, and industrial developments.
Robaina received his Bachelor of Science in Industrial Engineering from Stanford University and holds an MBA from the University of Miami focusing on Finance and Management.