Frank Grosch of AGM Financial Services Appointed as DC Chair-Elect for Urban Land Institute, Virginia

BALTIMORE, Maryland, February 17, 2023 — In accordance with Urban Land Institute’s (ULI) governance approval process, The Americas Executive Committee has formally appointed Frank Grosch, Vice President of AGM Financial Services (AGM), as Chair-Elect of the ULI Virginia District Council for the FY24-FY26. Frank will automatically become Chair on July 1, 2023.

“I’m honored to represent ULI at the local level,” said Frank. “Furthering the organization’s mission to make the commercial real estate industry more diverse, equitable, and inclusive is not only important to me but also aligns with AGM’s values. It’s a perfect fit!”

The District Council network embodies ULI’s brand at the local level. As Chair, Frank will serve as the organization’s representative in Virginia. ULI members are leading the future of development in Virginia and worldwide.

“It is a pleasure to have Frank join ULI Virginia as our incoming DC Chair,” said Jane Milici, Executive Director ULI Virginia. “His industry experience and insight into the commercial real estate market will bring a fresh perspective to our members, and his commitment to ULI’s important work is greatly appreciated.”

Frank has over 34 years of experience in multifamily finance, development, and operations in for-profit and not-for-profit settings. Prior to joining AGM, Frank participated in the development, acquisition, and financing of more than sixty affordable and market-rate multifamily projects with a total capitalization exceeding $2.0 billion. He is an honors graduate of the University of Rochester and holds an MBA in finance from the Crummer School of Business at Rollins College in Winter Park, FL.

AGM is a privately held company and a nationwide licensed FHA Mortgagee (lender) providing financing for both Market Rate and Affordable Housing communities.


About AGM Financial

AGM is a privately held company headquartered in Baltimore, MD, and a nationwide licensed FHA Mortgagee (lender) providing financing for both Market Rate and Affordable Housing communities. Founded in 1990, AGM is a leading FHA lender and GNMA seller/servicer. From new construction and substantial rehab to acquisition or refinance — AGM gets the deal done. Family-owned with over 30 years of experience, the firm has closed over $9 billion in FHA-insured multifamily project loans nationwide. We underwrite, fund, and service all of our loans. Developers and owners can count on AGM to be accessible, transparent, consistent, and ready to lend. To learn more about AGM, call 800.729.4266 or visit agmfinancial.com.


About ULI

ULI Virginia logo

ULI has over 45,000 members in 80 countries in the Americas and Europe, and Asia Pacific across every profession related to real estate and the built environment. From investments to design and development, ULI is united with one shared purpose — to shape the future of the built environment for transformative impact in communities worldwide. ULI Virginia leadership consists of top professionals in the local real estate industry. These dedicated members voluntarily offer their time and industry expertise to lead ULI Virginia, furthering the mission of ULI in the region. Learn more at https://virginia.uli.org/


Media Contact
Dina Wasmer
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[email protected]
www.incitecmo.com

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