Bob leads new business development in Massachusetts, Ohio, Pennsylvania and Florida.

In 1978 Bob Downing started Downing & Company, a registered broker-dealer underwriting FHA-insured affordable and military housing projects. Downing & Company structured multi-family mortgage loans into investment grade, highly rated, tax-exempt municipal bonds and distributed them to the largest U.S. financial institutions. The Company funded over 50,000 units of affordable and workforce housing across the country using public debt and tax credit equity financing.

Reacting to the constraints of the Great Recession and recognizing the mismatch in supply and demand for state tax credits, Downing & Company worked to bring new buyers into the state credit market, and has placed over $100 million of Massachusetts and New Jersey credits. Bob has financed close to one billion dollars in housing finance transactions, as well as specialized financings such as golf courses and retail malls.

Bob started his career at Loeb Rhoades-Hornblower, where he rose to Senior Managing Director. He was responsible for all fixed-income investment activities, a member of the Executive Committee, and served on the Board of Directors.

Bob is an active alumnus of Seton Hall Prep and Lehigh University, which awarded him its Distinguished Alumni Award in 2015. He lives in Plymouth, MA.