James D. Spound President, Back
R4 Capital Funding
James D. Spound is President of R4 Capital Funding. Most recently, he served as President of Red Stone Tax Exempt Funding (“Red Stone”), which he joined in September 2011 to help recapitalize and reestablish that firm’s bond practice following the financial crisis. Under Jim’s leadership, Red Stone provided financing for approximately 12,000 affordable housing units in 21 states, representing nearly $700 million of tax-exempt bond acquisitions. Previously, Jim was a Senior Managing Director at Centerline Capital Group (fka CharterMac and Related Capital Company) and Co-head of its commercial real estate division. Jim helped establish Centerline’s affordable housing lending practices including a direct purchase program for tax-exempt bonds that originated in excess of $2.8 billion of financings between 1998 and 2008. Jim also led Centerline’s expansion into GSE lending for affordable housing in which it also became a market leader. Jim also spent 8 years as a public finance banker at Bank of America Merrill Lynch and predecessor entities of Wells Fargo Securities Wachovia Capital Markets, was senior real estate consultant at Kenneth Leventhal & Company and a project manager at New York City’s Economic Development Corporation. Jim earned a Bachelor of Arts degree from Brown University and a Master of Science in Management from the Sloan School at the Massachusetts Institute of Technology.