David has worked in the affordable housing industry for 20 years. Prior to joining Compass Securities as a Registered Representative, he worked for MMA Financial and its predecessor companies, Lend Lease and Boston Financial. Mr. Robbins joined Boston Financial in 1990 as part of the Consulting Group, performing real estate appraisal services to third-party clients. In 1999, Mr. Robbins was promoted to lead Lend Lease’s Investment Valuation Group, the firm’s real estate consulting group that provides property and market specific analysis for the affordable housing tax credit business unit. In 2001, Mr. Robbins moved into institutional sales, and was responsible for raising more than $4 billion in investor equity from corporate investors for their tax credit funds. His responsibilities included raising equity for both unguaranteed and guaranteed LIHTC funds as well as solar ITC funds. He was also responsible for oversight of the sales and fund management team, and managing their external broker dealers. David was also a member of the senior management team of the affordable housing business. Mr. Robbins was formerly a certified General Appraiser in the Commonwealth of Massachusetts and an MAI Candidate in the Appraisal Institute. He was a member of the Board of Directors of the Affordable Housing Tax Credit Coalition from 2007 until mid-2009. He has been a panelist speaker for the National Council of State Housing Finance Agencies and a contributing columnist for the New England Real Estate Journal. Mr. Robbins graduated with a BS in Finance from the Pennsylvania State University.
Compass Securities Corporation (member FINRA, SIPC) is an institutionally focused broker/dealer specialized in debt and equity private placements of tax credit syndications, venture capital and alternative investments, as well as long only, and hedge investment manager representation. Compass was established in 1985 as a wholly owned subsidiary of Compass Capital Corporation.
David E. Robbins Joins Compass Securities Corporation
Braintree, Massachusetts, May 1, 2010 – Compass Securities Corporation announced today that David E. Robbins , a highly-regarded Affordable Housing Tax Credit executive with 20+ years industry experience, has joined the firm as an independent affiliate through his practice, Strategic Tax Credit Investments, LLC.
“We are pleased to have David join our growing network of distinguished institutional investment executives,” said John R. Ahern, President of Compass Securities Corporation. “His demonstrated commitment to excellence and extensive experience in the Affordable Housing Tax Credit channel makes David an ideal match, and he will be invaluable to Compass as we continue to grow our organization.”