News: Brokerage

Cheryl Gladstone appointed to New York Advisory Board of Enterprise Community Partners

New York, NY Enterprise Community Partners, Inc. (Enterprise) announced the appointment of Cheryl Gladstone to its New York Advisory Board. Cheryl is currently the head of Deutsche Bank’s Community Development Finance Group (CDFG), an investing and lending business that sits within the Corporate Bank.

Gladstone was named head of CDFG in 2021. Over the past 30 years, CDFG has deployed more than $3 billion in debt, equity, and philanthropic resources to community organizations, real estate, and social enterprises that benefit low- and moderate-income communities. Gladstone also serves as the bank’s Community Reinvestment Act (CRA) officer and serves on local advisory committees working to deliver innovative capital and programmatic solutions.

As a member of Enterprise’s New York Advisory Board, Gladstone will provide strategic guidance and expertise on the organization’s programs. In New York, Enterprise invests capital to create and preserve quality affordable homes, reinvests revenues to develop programmatic solutions, and brings these solutions to scale through policy advocacy. Since the Covid-19 pandemic began, Enterprise has worked with partners to keep New Yorkers in their homes through numerous initiatives, including FASTEN (Funds and Services for Tenants Experiencing Need), and by championing key policy solutions.

“I am honored to return to Enterprise as a member of the New York Advisory Board,” said Gladstone. “As the Covid-19 pandemic continues, it’s never been more important to invest in affordable and stable housing across New York. I look forward to working with the Enterprise team and my fellow Board members to make a meaningful difference for New Yorkers.”

“Cheryl not only brings extensive finance and community development experience but also comes to us with a wealth of insight into our programs and mission, demonstrated over her previous role at Enterprise leading crucial health and housing initiatives,” said Baaba Halm, vice president and New York market leader of Enterprise Community Partners. “We are excited to welcome her back into the fold and know that her deeply informed perspective will enrich the work of our Advisory Board as we strive to ensure that every New Yorker has access to safe and affordable housing.”

“We’re thrilled that Cheryl Gladstone will be joining our New York Advisory Board,” said David Cavalier, Enterprise Advisory Board co-chair and CFO and COO at Algorithm Sciences, Inc. “Generating real solutions that spur the development and preservation of affordable housing in New York requires all of our creativity and experience, and Cheryl will significantly augment our collective knowledge.”  

“Cheryl Gladstone will be an outstanding addition to Enterprise’s New York Advisory Board,” said Todd Gomez, Enterprise Advisory Board co-chair and senior vice president at Bank of America. “Her experience in community development financing that benefits low-and moderate-income populations, as well as her deep familiarity with Enterprise’s programs, will be a tremendous asset for all of us.”

Prior to joining Deutsche Bank, Gladstone led health and housing initiatives at Enterprise as a Senior Program Director and was the Director of Real Estate and Development at the Brooklyn Chamber of Commerce. 

Gladstone earned her MBA from Columbia Business School and BA in Urban Studies from Stanford University.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced