REX COLE | Director - Development
Rex Cole is a seasoned real estate professional with expertise in finance, capital raising, and real estate development, currently serving as a Director of Development at 908 Group. In Mr. Cole’s current position he is responsible for originating multi-family, workforce and affordable housing developments as well as securing financing from lenders and investors. Prior to joining 908 Group, Rex served as the Senior Development Manager for Atlantic|Pacific. At Atlantic|Pacific, Mr. Cole developed several affordable housing communities throughout Miami and the Washington, DC Metro area consisting of over $250M of development costs.
Further, Rex Cole has experience with maximizing the use of various financing vehicles and with projects with federally-funded requirements, such as: FTA grants, 9% and 4% LIHTC, County tax-exempt bonds, GOB and Surtax program funds, and HOME loans. He was also instrumental in coordinating the job training and subcontracting opportunities for local businesses during the development of various projects across Miami, FL.
Prior to joining A|P Communities, Rex Cole was an Acquisitions and Institutional Investment Manager Raymond James Financial where he participated in the Raymond James Tax Credit Funds’ Northeast Team's record year of $250M in invested equity and $600M in total development costs. In 2014 alone, he was directly involved in closing more than $110M of equity, across four states. Mr. Cole is a graduate of Columbia University and has a degree in Political Science.