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Contact: Jovana Rizzo, BerlinRosen, 646-452-5637
February 2, 2015
NEW YORK – Common Ground, New York City’s largest supportive housing developer and manager, today
announced that Benjamin Stacks has joined its Board of Directors. Mr. Stacks is Senior Vice President at
Capital One Bank and the Greater New York Market Manager for Commercial Real Estate.
“Capital One is among the leading U.S. banks focused on strengthening communities through affordable
housing, both by their business and philanthropic activities. Ben has likewise been an outstanding champion of
Common Ground’s focus on expanding supportive housing resources for homeless and low-income New
Yorkers. I am excited about this opportunity to strengthen our personal and professional relationships with
such an important advocate for Common Ground’s cause through Ben’s new role on our Board,” said Brenda
Rosen, President and CEO of Common Ground.
“Capital One has a proven record of lifting communities through responsible corporate citizenship. Ben shares
our commitment to addressing homelessness for those who suffer from this terrible predicament and for those
who are at greatest risk of housing instability. I am very pleased that Ben has agreed to take on this leadership
role at Common Ground,” said Jamie Rubin, Chair of Common Ground’s Board of Directors.
“I am delighted to join the Common Ground Board and support their mission,” Stacks said. “Affordable
housing is critically important to the people of New York, and Capital One supports the efforts of Common
Ground to create safe and secure housing that promotes independent living and strengthens neighborhoods.”
Benjamin Stacks is a seasoned real estate banking executive with nearly 20 years of experience building
profitable real estate banking relationships nationally and in New York City. He is responsible for managing a
team of relationship managers charged with all aspects of client management including lending on real estate
and cross selling a variety of banking services. Ben oversees a portfolio of loans of approximately $3.7 billion
across diverse asset classes including office, retail and residential properties as well as across a variety of loan
types including permanent, construction, reposition/renovation and mini-permanent.
Prior to joining Capital One Bank, he was an Executive Director and Team Leader in the New York City office
of Eurohypo, a German-based global estate investment bank. Before that, he served as a relationship manager
at HSBC Bank, USA, and M&T Bank. Mr. Stacks holds Bachelor of Arts in International Relations from
Syracuse University and a Masters of Business Administration with a concentration in Finance and Real Estate
from the Kogod School of Business at American University. He is currently an officer of the Real Estate
Lenders Association and was previously Chairman of the Young Mortgage Bankers Association.
About Common Ground
Common Ground is a nationally respected leader in efforts to end homelessness and one of the largest
developers and managers of supportive housing in the nation. It also operates, under contract with the NYC
Department of Homeless Services, outreach programs that target people living on the streets in parts of
Manhattan and all of Brooklyn and Queens.