(South Bend, Ind.) - Holladay Properties is pleased to announce that Anthony (Tony) Fitts has been promoted to the position of Chief Financial Officer as of September 1, 2017. He joined Holladay Properties in 2015 as Treasurer and was also recently appointed a Partner of the South Bend, Ind.-based real estate firm.
Fitts has over 30 years of real estate finance, asset management, loan workout and development experience, including financing transactions which have utilized low-income housing tax credits, historic tax credits, tax increment financing, and other incentive programs. He started his real estate career as an asset manager with the Prudential Real Estate Group in their Cincinnati, Philadelphia, and Chicago offices. Previously he earned his CPA working with Coopers & Lybrand (now PriceWaterhouse Coopers) as an audit supervisor.
Since joining Holladay, Fitts has overseen more than $250 million of financing for new construction projects, as well as the refinancing of existing loans. As CFO, he will be responsible establishing and maintaining relationships with lenders, securing and closing financing commitments for Holladay’s new construction as well as existing projects, treasury management, and managing the accounting department.