PRESIDENT
Roger Gendron
Roger is the original founder of Silver Street Development Corporation. From the start Roger directed the acquisition and development activities of Silver Street, identifying opportunities, negotiating with owners, and setting the agenda for financing and development. He has shepherded Silver Street from its first incarnation as a regional developer to a company that acquired and redeveloped approximately 12,000 units of housing across fourteen states. During peak years, Silver Street had up to 5 properties under construction at any one time. As Silver Street grew, Roger oversaw the creation of an asset management department, construction planning and oversight department, and development and finance department. Also during this period, Roger initiated the creation of Housing Management Resources, a property management company that is responsible for approximately 6,000 units of affordable housing, and Port Harbor Construction, a construction firm.
Presently, Roger is Managing Director of The Silver Street Group (TSSG) where he provides guidance on all aspects of the stabilized portfolio. Roger Gendron is also a co-founder of First Atlantic Capital, LLC (“FAC”). FAC was formed in 2005 as an affordable housing direct investment company out of Boston, MA and Wilmington, NC. Roger currently lives with his wife Susan in Washington, DC, where he heads the newest branch of Silver Street Development.
CHIEF OPERATING OFFICER
Christopher R. Poulin
Chris is an original founding partner of Silver Street Development. Over the last 25 years, in his role as Chief Financial and Operating Officer, he has overseen the acquisition, financing, construction or rehabilitation, and stabilization of nearly 12,000 units of affordable housing in more than eighty communities across fourteen States. His direct financial oversight exceeds $1,000,000,000 in total development costs and $400,000,000 in construction and rehabilitation expenditures. His involvement during the development life cycle from pre-acquisition to stabilization averages about 24 months per project, his knowledge and intimacy of details being integral to Silver Street’s success.
As Silver Street grew, so did Chris’ role in the implementation of Silver Street’s asset management and financial department as well as the formation and startup of its subsidiaries The Silver Street Group, Housing Management Resources, and Port Harbor Construction. The Silver Street Group now oversees asset management all of the properties developed by Silver Street Development and Housing Management Resources manages about half of the Silver Street portfolio of properties. Chris currently lives in Portland, ME, with his wife Lori and their family
CHIEF INVESTMENT OFFICER
Matt Kesselhaut
Along with being the Chief Investment Officer and a partner of Silver Street Development Corporation, Matt is the Managing Director of The Silver Street Group, Silver Street Development’s asset management arm and on the Board of Directors of Housing Management Resources. He is tasked with the creation of long-term value through the effective asset management, which includes the oversight of the various property management firms employed by Silver Street, the evaluation and implementation of investment opportunities and capital strategies at various points in a property’s lifecycle and the oversight of workouts and strategic repositioning.
Matt has over 25 years of experience in real estate, including 23 years investing in and operating affordable housing. Prior to joining Silver Street Development, Matt was a Principal at MMA Financial, and its predecessors Lend Lease Real Estate Investments and Boston Financial. While there, he specialized at the investment of equity in affordable housing properties. During his tenure, he structured and closed over $800,000,000 of equity financing in developments with total development costs over $1.6 billion. The investments were spread over 110 developments, representing approximately 11,000 multifamily rental units. Matt has an MBA, with a specialization in real estate and finance, from Babson College and a BA from the University of Maryland at College Park.
Our Team