Maintaining Aging Properties: How Resyndication Falls Short for Smaller, Older Buildings


This is a session on Day 1 of SCANPH’s 2021 Conference: Piece Back Together, October 27-29.

Join us for a special asset management session at this year’s conference to explore potential solutions for a lack of resources to renovate smaller, aging properties — particularly the challenges of needing alternatives to resyndication or other viable solutions to make resyndication feasible. SCANPH developer members have noted that such small, older buildings don’t have reserves. Hear from developer organizations about how their portfolios are impacted as well as residents served by these properties. We’ll examine the challenges from a lending perspective and financial solutions that need exploration or greater attention.

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  • Karen Krygier, Senior Asset Manager, Community Corporation of Santa Monica
  • Kyle Arndt, Attorney, Bocarsly Emden LLP
  • Douglas Leezer, Senior Banker – Community Development Banking, J.P. Morgan Chase
  • Jo-Anne Cohen, Director of Asset Management, LA Family Housing


  • Nicole Norori, Central Coast Director, California Housing Partnership