Mr. Schlachter has over twenty years of experience as a multifamily housing development executive, project manager and consultant. He currently leads MBS’ East Coast development efforts and oversees all phases of development including new business development, master planning, initial feasibility and market studies, recruitment and selection of project partners, community engagement, selection and management of development team members, financial analysis, structuring and packaging, obtaining land use and environmental approvals, contract negotiation, construction management and budget/cost control.

Mr. Schlachter’s focus has been on engaging and leading large scale, multi-phased urban redevelopments. Recent projects include Bedford Hill Apartments, a multiple phase HOPE VI development, and the mixed-income redevelopment of the former troubled, HUD-assisted Federal American Properties in East Liberty neighborhood of Pittsburgh. The redeveloped property, now called Fairfield, has a waiting list of over 3,000 and sits across the street from a new urban Target Store that was financed in part with New Market Tax Credits from MBS’ sister company, MBS Urban Initiatives CDE, LLC.

Before joining MBS in 2004, Mr. Schlachter was responsible for building and managing a regional development office that completed construction of over 1,300 multifamily units with a total development cost exceeding $215 million.  Mr. Schlachter holds a bachelor’s degree in Political Science and Economics from the University of Pittsburgh and a Master of Public Policy degree from Harvard University’s John F. Kennedy School of Government.

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