CONCORD, N.H. — ROC USA® is pleased to announce that Kent Wells has been hired as Investor Relations Associate for ROC USA® Capital. Prior to joining ROC USA, he worked within the residential mortgage industry.
“In the current MHC market environment, which remains highly competitive and expensive to buy for-sale MHCs, ROC USA Capital and its partners are placing a premium on raising as much low-cost capital as possible to empower resident corporations to compete successfully with institutional and other buyers,” said Michael Sloss, managing director ROC USA Capital. “ROC USA Capital is very pleased to have Kent Wells join our team to help raise such critical capital. Kent brings valuable investor relations experience to ROC USA Capital through his prior work at a regional home mortgage company that partnered with major national and regional banks as well as strong public affairs skills and experience.”
Kent graduated last year with a Bachelor of Arts degree in communications and a minor in political science from Longwood University in Farmville, Va. He has worked in the mortgage lending industry and has experience with nonprofit public relations within trade associations in the Washington, D.C. area.
In this role, his responsibilities will include gathering investors to fund loans to create ROCs, soliciting grants from various government departments, updating investors on the use and efficiency of the loans, and creating acquisition pools of multiple investors to fund larger projects to broaden the goals and influence of ROC USA.
“I am looking forward to providing thousands of people with the opportunity to own a part of their community that was not available as an option previously,” Wells said. “I am also looking forward to working with our investors to provide sustainable and efficient financing for communities to thrive in the future.”
Contact Information:
Kent Wells, kwells@rocusa.org