Group: Development

Mr. Crowe graduated from the University of Notre Dame in 1988 (BA – Accounting). He worked for NBD – First Chicago Corporation for approximately eight years as a commercial lender in several departments, leaving as a Second Vice President. His responsibilities during his tenure at the bank included lending to real estate developers, builders, commercial contractors and architects/engineers. Additionally, Mr. Crowe was responsible for underwriting of the bank’s investment in limited partnership interests for affordable housing.

Mr. Crowe joined Pedcor Investments in 1996 and has since advanced to Executive Vice President. During his tenure with Pedcor, Mr. Crowe has been responsible for the development and financing of thousands of apartment units in multiple states. Mr. Crowe has served as a guest panelist for the Urban Land Institute, the Nebraska Investment Finance Authority, and the Illinois Housing Development Authority. His responsibilities include oversight of all aspects of apartment development transactions, including site selection, financial feasibility, plan production, debt and equity procurement, partnership agreement negotiation, legal documentation and investor relations.

Mr. Houser graduated from the University of Indianapolis in May 2002 and received his M.A. in Economics from Indiana University (Indianapolis) in 2007. Prior to joining Pedcor his experience includes roles as an analyst with a local community bank and serving the 2005 session as an intern financial analyst for the Indiana House Ways & Means Committee.

Mr. Houser joined Pedcor as an intern during graduate school in April 2005 and accepted a full time position as a financial analyst with Pedcor Financial and affiliates in August 2005. He subsequently accepted the position of Vice President of Finance with Pedcor Investments and its affiliates in October 2007.

Mr. Houser currently serves as the Executive Vice President of Development and Finance with a focus on developing multifamily housing on a national platform and overseeing the financial operations of Pedcor Investments and its development-related affiliates. His responsibilities include, but are not limited to, development deal structuring, strategic capital management, and operational management and oversight. In addition to his position with Pedcor Investments, he serves on the Interest Rate Risk Committee for United Fidelity Bank and the Credit Derivatives Committee with Pedcor Assurance Company.