Manhattan, NY Jonathan Rose Companies, one of the country’s leading developers and investors in green, affordable, and mixed-income multifamily communities, has appointed Virginia Barreras as the company’s new CFO. Barreras will report directly to founder and president, Jonathan Rose.
Barreras will oversee the financial operations of the company with a purview that encompasses accounting, treasury, FP+A, tax and corporate matters. As part of her duties as CFO, Barreras will immediately become a member of the company’s management, investment, enterprise risk, and compliance committees.
Barreras most recently served as senior vice president of commercial finance and accounting at Brookfield Properties, where she created and managed global teams and demonstrated leadership in creating streamlined processes and best practices across the firm.
She has global real estate experience as well as a knowledge of development, property, fund, and corporate accounting. She brings focus on accounting practices as well as process improvement to her new role.
“We are thrilled to welcome Virgie to our senior leadership team” said Rose. “She brings a wealth of global real estate experience alongside a strategic, growth-oriented mindset that will complement our strong management team. As one of the nation’s leading affordable housing companies, it is our ambition to continue to expand our reach and impact, and Virginia has experience to help us do that.”
“Virgie is an industry veteran with extensive institutional experience, and I am pleased to welcome her to the team,” said Nathan Taft, chief investment officer. “Her broad range of expertise will be an invaluable asset as we navigate the current financial climate and position the company for continued growth in the years to come.”
“Jonathan Rose Companies has developed a reputation as one of the nation’s leading affordable housing companies,” said Barreras. “Rose’s commitment to excellence, its mission and its diversified businesses, from investment management, to development, to mortgage finance, drew me to the firm. I am honored to join the team and help lead the company as it seeks to continue to be a leader in generating outstanding financial results, building community through an intensive focus on residents, and decarbonizing the built environment.”
“We led a rigorous, national search, and amid a field of highly qualified candidates, Virginia stood out due to her exceptional expertise and deep understanding of our industry,” said Carolyn Au, COO, “Coupled with her strong alignment with our organization values, we are confident that Virginia will integrate seamlessly into our team at Jonathan Rose Companies.”