Michael Corcoran joins the TACC Board
Michael J. Corcoran is President of Corcoran Jennison Companies, a real estate development and management firm with more than 4 billion dollars’ worth of assets under management and development. Michael has been with Corcoran Jennison for the past 30 years. Corcoran Jennison provides a full-range of real estate services including acquisition/disposition, feasibility, financing, planning and development, asset management, construction administration, accounting, deal structuring and both low-income housing and historic tax credit rehabilitations.
Michael has vast experience with institutional real estate clients having formed a private real estate investment trust (“REIT”) which raised capital from plan sponsors to purchase existing multifamily properties. He also served as the Dublin Port Company’s real estate advisor, reporting directly to its Chief Executive Officer from 2008-2011. During this same period, Corcoran Jennison, through its subsidiary Corcoran Jennison Europe, managed more than 1,500 units in Dublin.
Presently, Michael is overseeing the expansion of two Corcoran Jennison-owned hotels in Boston, the buildout of a 1,600-unit development in Pittsburgh in partnership with the Housing Authority of the City of Pittsburgh, the expansion of Ocean Edge Resort in Cape Cod and the build-out of a newly acquired 600-acre golf resort in New Hampshire. In addition, he is responsible for the asset management of the Corcoran Jennison existing real estate portfolio, which is made up of over 100 real estate partnerships with a value in excess of 4 billion dollars.
Mr. Corcoran is a past or present member including several industry organizations, including Urban Land Institute Multi-Family Council, National Multi-Family Housing Council, Mortgage Bankers Association, Pension Real Estate Association, and the National Housing Roundtable.