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| Key Tower is owned by and is the headquarters of The Millennia Companies, one of the largest affordable housing property owners and managers in the United States. It is re- ducing its affordable housing portfolio, expanding into market-rate multifamily pro- perties and, this month, went through significant leadership changes (NEOtrans). CLICK IMAGES TO ENLARGE THEM. |
Frank T. Sinito, founder of Millennia Companies, has stepped away from managing the day-to-day business of one of the nation’s largest owners and managers of affordable housing properties. In announcing this and other leadership changes, the company said it will be selling off parts of its affordable housing portfolio and expanding investments into market-rate housing.
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