Cinnaire announced the appointment of Josh Ghena as President of Cinnaire Equity Partners (CEP), effective immediately. Ghena has served as Interim President since June 1, 2025, and became the sole leader of CEP on August 31, 2025, following the retirement of Ryan Robinson.
As Interim President and previously SVP, Equity Management, Ghena has spearheaded CEP’s efforts to finance affordable housing developments throughout the Midwest and Mid-Atlantic through LIHTC syndication. During the past three and a half years managing Cinnaire’s equity business, Ghena and the CEP team successfully closed more than $1.8 billion in Low-Income Housing Tax Credit (LIHTC) equity, providing 14,501 units of safe, affordable housing in rural and urban areas across Cinnaire’s footprint.
“Strong, strategic leadership at Cinnaire Equity Partners directly supports our ability to deliver affordable housing outcomes and lasting community impact,” said Brett Oumedian, Cinnaire Chief Financial Officer. “Josh’s leadership ensures CEP is well-positioned to continue advancing our mission in partnership with investors, developers, and communities.”
Since joining Cinnaire in 2014, Ghena has held leadership positions across the organization, including Senior Vice President, Equity Management; Vice President of Asset Management; Director of Special Assets; Asset Stabilization Expert; and Asset Manager. Throughout his tenure, he has played a key role in refining the syndication processes, developing tools to enhance Cinnaire’s portfolio, and strengthening investor relationships—helping ensure the long-term performance and stability of Cinnaire’s syndication business.
“From leading the successful execution of our largest LIHTC fund to date to strengthening long-standing relationships with developers and investors, Josh understands how to align strong financial performance with meaningful social impact,” said Mark McDaniel, President and CEO of Cinnaire. “His leadership ensures Cinnaire Equity Partners continues to provide disciplined investment management, trusted partnerships, and consistent performance for our investors and developer partners.”