Kevin J. McCormack
Vice Chairman, McCormack Baron Salazar
Mr. McCormack is Vice Chairman of McCormack Baron Salazar, Inc. and President of the parent holding company, MBA Properties, Inc., Mr. McCormack ultimately oversees all aspects of operations: real estate development, acquisitions, asset management, and property management. He has been with the company since 1981 and served as President from 2000-2015.
During his tenure at McCormack Baron Salazar, Mr. McCormack helped to pioneer the revolutionary HUD/public housing “mixed income/mixed finance” model, which combines Public Housing funds with first mortgage and equity funds and local and state subsidies. This model (the cornerstone of the HOPE VI and Choice Neighborhoods programs) is instrumental in transforming former public housing sites into mixed-income privately-managed housing and helps to deconcentrate poverty in urban areas while revitalizing previously stigmatized public housing sites.
Prior to joining MBS, Mr. McCormack served nine years as a vice president at a large, New York bank. He is a graduate of Lehigh University and received a master’s degree from University College, University of London, England.