Bloomberg officials beeline for private sector real estate

Mathew Wambua
Mathew Wambua

From the September issue: One of many city officials preparing for life after Bloomberg, Department of Housing Preservation and Development Commissioner Mathew Wambua last month announced plans to move to the private sector as head of RHR Funding, the mortgage-lending arm of Connecticut-based affordable housing developer the Richman Group.

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In his new role, Wambua will be responsible for growing the mortgage lender and expanding its debt platform, the company said. [more]