MULTIFAMILY DEVELOPER HOUSING TRUST GROUP APPOINTS KAREN WELLER TO CHIEF FINANCIAL OFFICER

27 June 2019
Karen Weller, Chief Financial Officer, Housing Trust Group (HTG)

Housing Trust Group (HTG), a leading multifamily developer and Florida’s largest developer of affordable housing, is proud to announce the appointment of Karen Weller as Chief Financial Officer to its leading multifamily development team. HTG has developed over 7,000 affordable and market-rate units in the state, and has more than 2,000 in the pipeline.

Weller has extensive financial expertise leading both privately held and publicly traded companies in the real estate and hospitality sectors over the course of her 30-year career.

“We are pleased to have Karen Weller join our rapidly growing team as HTG expands nationally,” said Matthew A. Rieger, President and CEO of HTG. “Karen is a seasoned financial professional and her expertise in overseeing the complexities of real estate transactions will enable HTG to continue providing safe, clean and affordable housing to communities both in Florida and throughout the U.S. and Puerto Rico.”

Prior to joining HTG, Weller served as Vice President of Accounting for The Related Group, a large developer of affordable housing, rental, and luxury condo properties in South Florida, following her position as Associate Vice President of Finance at Royal Caribbean Cruises. In addition, she previously structured complex commercial mortgage-backed securitizations, subordinated commercial mortgage loans, and public debt offerings at LNR Property Corp. She spent over 11 years with Deloitte & Touche, where she participated in the international secondment program to work in the Caribbean and Central Europe before making a permanent home in South Florida.

Weller is a Certified Public Accountant (CPA) and Certified Treasury Professional (CTP), holds a Chartered Professional Accountant (CA) designation from Canada, and earned her Bachelor of Commerce degree from the University of Calgary.