Dominium Hires Developer to Lead Texas Efforts

Corporate News

Dominium announced that it has hired Jeffrey Spicer as vice president and project partner to lead the company’s efforts in Texas.  Spicer will be responsible for originating and overseeing new project development, financing and acquisitions.

Spicer will bring to Dominium his nearly 25 years of experience in affordable housing where he has worked to develop successful ventures in the state of Texas and across the southwestern part of the country.  His experience in multifamily development and understanding of the market makes him a great fit for the organization. In this position, he will lead development efforts and help Dominium grow their presence in this emerging market, by leveraging his own experience and abilities in a larger organization.

“As we do more work in markets across the country such as Texas, it is imperative that we hire local professionals to lead these efforts,” said Armand Brachman, managing partner, Dominium.  “Our goal to grow to 40,000 units by the year 2025 can’t be realized unless we have individuals like Jeff, who know the communities and understand the local environment.”

Dominium has had a long-term relationship with Spicer, who has been a consulting partner for more than 10 years and helped the company enter the Texas market.

“This was a unique opportunity to bring someone on board who already has great knowledge and experience in Texas,” said Mark Moorhouse, partner and senior vice president of development at Dominium. “Jeff fits well within the Dominium culture and supports our core values, he has and does work by the same professional standards and will help us to grow in this vibrant market.”

“As Dominium’s presence grows in Texas, Jeff will also mentor our development staff working in the area,” said Paul Sween, managing partner with Dominium. “Our biggest asset is our people and Jeff will be able to help us increase our footprint in the area and pass on his knowledge and expertise to staff that are working with him.”

Previously, Spicer was co-founder and principal at State Street Housing Development where he developed affordable housing in Texas and the southwest.  He currently owns more than 1,000 affordable housing units and has developed over 6,000 units.  Prior to that, Spicer was senior vice president and managing director of development and finance for Southwest Housing.  In addition, he held positions at Finlay Properties and Madison Development Corporation.

Spicer holds a Bachelor’s Degree in Economics and International Business and a Master’s Degree in Real Estate Finance and Investment Analysis both from the University of Wisconsin-Madison. He also held a Wisconsin real estate license and has been an active member on many boards.

Spicer is married with three children and resides in Dallas.

The Owners and Partners of Dominium welcome him to the Dominium team.

Click to read article in Affordable Housing Finance