Pierre Downing is a dynamic real estate development veteran with nearly two decades of expertise spanning public, non-profit, and private sectors. At Kalel, he leads transactions, leveraging his extensive network with community stakeholders, government bodies, lenders, and investors. Previously, as Vice President of Affordable Housing at Monadnock Development and Director of Real Estate at Notias Construction, Inc., Pierre spearheaded the revitalization of over 3,000 units with $800 million in development costs. His journey began as an analyst at the New Jersey Housing Mortgage & Finance Agency, igniting his passion for affordable housing by witnessing its transformative impact on communities, particularly his hometown of Trenton. Now based in New York City, Pierre remains dedicated to serving at-risk populations, driven by his unwavering commitment to creating safe, vibrant housing opportunities.

Amy Stokes is a powerhouse in the housing industry with decades of experience in leading large-scale new construction and rehabilitation projects valued at over $1 billion. At Kalel, she drives the sourcing and execution of development projects across the portfolio with precision and expertise. Previously, as Vice President at Monadnock Development, Amy orchestrated the development of approximately 2,400 residential units throughout New York City. Her tenure as Deputy Director in the New York City Housing Authority’s Real Estate Department showcased her leadership in managing teams that collaborated closely with government agencies on financing and closing new construction and preservation projects, including pioneering the first RAD transaction. Amy kickstarted her career shaping housing finance policy for the New York City Council Speaker’s office. She also contributes her insights to the field through her role on the advisory council for both the New York Housing Conference and the Fund for Public Housing.

Noel is a seasoned affordable housing development and finance expert with over two decades of experience in originating, structuring, and cultivating affordable housing projects. Throughout his career, he has played a pivotal role in syndicating over $500 million in LIHTC investments and developing more than 5,000 affordable and mixed-income units. Recently serving as Development Director at Laurel Street Residential, Noel oversaw the day-to-day management of a $200 million, 1,000-unit new construction pipeline in Durham, NC. Prior to this, he originated, structured and closed over $500 million in LIHTC investments across key urban centers such as New York City, Boston, Philadelphia, and Washington, DC, with Raymond James Affordable Housing Investments and Richman Housing Resources. Noel's career in affordable housing began with roles at the National Equity Fund and Michaels Development Company in Chicago, followed by a transformative term as a Project Manager with Gulf Coast Housing Partnership in New Orleans post-Hurricane Katrina.

Jerry is a licensed CPA in the State of New York with over twenty years of experience in public accounting, providing strategic financial leadership and guidance. At Kalel, he leverages his past experiences to optimize financial performance, manage risk, ensure compliance, and oversee asset management of our existing portfolio. Previously, as a Partner for 9 years at Friedman LLP and Marcum LLP, Jerry specialized in affordable housing real estate, developing deep expertise in navigating complex financial structures and regulatory requirements, including cost certifications, Low-Income Housing Tax Credits (LIHTC), Historic Tax Credits, 10% Tests, 95-5 Tests, 50% Tests, Tax-Exempt Bond Financing, and audit and tax filings. Jerry holds a Bachelor of Science in Accounting from The University at Buffalo. He is a member of the New York State Society of CPAs and the American Institute of CPAs.

Kimberly Hill is a seasoned professional known for her exceptional administrative skills and ensures smooth functioning within the organization. Before joining Kalel Companies in 2023, Kimberly amassed valuable experience at Monadnock Development for 4 years and Henry Street Settlement for 5 years, working across non-profits, corporations, and private entities. Kimberly holds an Associate Degree in Hospitality Management from Monroe College, a Bachelor of Science in Criminal Justice, and is a licensed Notary Public.

Adrienne Wolff, a Development Associate at Kalel Companies, brings a wealth of expertise to her role. With a Bachelor of Arts in Urban Studies from Brown University and ongoing studies in real estate development at Pratt Institute, she is deeply passionate about affordable housing, public policy, and urban design.Before joining Kalel, Adrienne demonstrated her leadership and operational skills by spearheading operations and product development at a consumer goods startup. Her efforts resulted in significant improvements in supply chain efficiency and product margins. Prior to this, Adrienne founded The GAP Project, a campaign volunteer placement service, and played a pivotal role in public space policy development for an NYC mayoral campaign.

Noah is responsible for new deal acquisition, financing, and project management for ground-up construction. Previously, Noah managed design and construction at Beam Living, Blackstone’s New York portfolio manager, where he led redevelopment projects for major affordable properties such as StuyTown-Peter Cooper Village and market rate properties like Kips Bay Court and 8 Spruce St. He began his career at Mac Properties in Chicago. Noah holds an MBA in Real Estate from New York University, an MBA in Finance from HEC Paris, and a BA from Brown University.

Dedicated to building communities and investing in their cultures, Carlos is an innovative young housing professional with a background in finance and government. Born in San Juan, PR, raised in Dallas, studied at Carnegie Mellon in Pittsburgh, and moved to New York City, Carlos began his career at JPMorganChase as a Commercial Real Estate Analyst. With the Community Development Banking team, Carlos underwrote and pitched creative affordable housing projects amounting to over $500M in facilities across the Eastern Seaboard. Carlos’ prior role to joining Kalel, was serving as a Project Manager on the Real Estate Development Division of the New York City Housing Authority (NYCHA). While at NYCHA, Carlos was entrusted with responsibilities that ranged from day-to-day management to executively addressing critical project elements on multiple PACT-RAD projects totaling over 7,000 units. These amount to multiple billions of dollars in development costs.