Arthur Winn Bio
Arthur M. Winn is the founder and principal of WinnCompanies, which he started in 1971 to specialize in quality affordable housing. It has evolved into a nationally recognized multifamily housing development and property management company, leading the nation in the management of affordable housing and privatized military housing, with a portfolio that includes award-winning hotels, corporate headquarters, retail and medical office buildings.
Mr. Winn founded on the belief that it could do well by doing good, and built on a business plan with five core principles:
· Every development will stand out for quality and innovation;
· We will never default on debt;
· Every equity investor will get the returns we promise;
· Each of our properties will be welcomed as an attractive community asset; and,
· We will nurture and maintain the closest possible relationships with our residents.
Mr. Winn delivered a fast start for the company with a handful of signature affordable housing developments in Massachusetts, demonstrating his business philosophy, establishing trust, and creating early momentum: Pequot Highlands, a 250-unit community in Salem; Coes Pond Village, also 250 units, in Worcester; the 306-unit Village at Brookline in Brookline; and, Mystic Place, a 465-unity community in Medford. All of these communities are in the WinnCompanies portfolio today and remain vital and vibrant.
Arthur Winn’s reputation for enlightened resident partnerships was cemented by two Boston projects – Castle Square Apartments and Mission Main. Thanks to a U.S. Housing & Urban Development program known as HOPE (Homeownership and Opportunity for People Everywhere), we joined with Castle Square tenants to become joint owner of the deteriorating property in 1992. Our renovation of the 500-unit, mixed income property made Castle Square the single most successful HOPE development and won multiple industry awards, including Best Urban Tower and Best Urban Low Rise. After a historic retrofit in 2012, the property was awarded LEED for Homes Multifamily Platinum Certification, the highest possible green building rating.
In 1996, the residents of Mission Main, a massive, desolate housing project in Boston’s Roxbury neighborhood, chose Arthur Winn as their development partner after receiving one of the first federal HOPE VI program grants in the nation. We transformed Mission Main into 535 units of mixed-income housing in a townhouse-style community supported by an array of ambitious, self-funded resident service programs. The effort won numerous industry awards and drew praise from then-HUD Secretary Mel Martinez, who in 1998 called the project “an example of the type of housing we would like to see all across the country.”
Commercial projects led by Mr. Winn put WinnCompanies on the map as a full-fledged development company early in its history. Some of its most noteworthy commercial work includes the Bostonian Hotel, a AAA Four Diamond hotel we built in 1982 overlooking historic Quincy Market and Faneuil Hall; One Brookline Place, a premier office property built in 1987 in the core of Boston’s world-leading medical district; and, One Arsenal Place in Columbus, Georgia, a National Historic Landmark that we rehabilitated in 1978 as the headquarters for Synovus Financial Corporation.
The company continued to grow as it entered the 21st century, strengthening its property management capabilities; becoming known for its ability to turn-around troubled properties; and expanding into new markets and services. We have earned more than 100 awards for developing and managing affordable, high-performing multifamily properties; industry and program excellence; support for minority and women-owned businesses; historic preservation and adaptive reuse; green building practices; community service; and, professional achievement. You can view the company’s recent awards here: http://www.winnco.com/company/recognition.
Today, WinnCompanies is the nation's largest manager of affordable housing and privatized military housing, and the fifth largest multi-family property manager. The company’s $5 billion, 23-state portfolio includes nearly 97,000 residential units, half of which are affordable.
Thousands of hardworking team members made this possible, led by extraordinary executives who expanded the business whole preserving our core values including Michael Putziger, our board chairman and Arthur Winn’s closest advisor; the tremendously talented Larry Curtis, president of WinnDevelopment and Mr. Winn’s business partners of many years; William Wollinger, our chief operating officer who built and grew the property management company for decades; Deirdre Kuring, president of WinnResidential; and, Patrick Appleby, president of WinnResidential Military Housing Services.
Most significantly, Mr. Winn was proud to name his son, Gilbert J. Winn, as CEO to start 2015. After finishing in the top of his class at the University of Pennsylvania, Gilbert worked for many years at Related Capital Company, a full-service real estate investment company based in New York City, where he originated and implemented more than $150 million of equity investments in various projects throughout the U.S. He joined WinnCompanies in 2003, spending eight years making a significant impact for WinnDevelopment and the last four years working closely with the executive team to learn every aspect of the company and its management.
Arthur Winn has won numerous awards for professional achievement and community service.
In 2001, he was recognized by the Massachusetts Housing Investment Corporation, a leading private investor and lender specializing in financing affordable housing and community development, with its award for “Excellence in Affordable Housing." Given to individuals, organizations and projects that represent extraordinary achievements in the development and preservation of affordable housing, Mr. Winn was honored for “his industry leadership in the development and management of mixed-income housing, for his commitment to working with residents and community-based groups, and for his willingness to take on some of the most challenging projects.”
In 2005, he won the distinguished service award named in honor of the late Robert S. Swain, Jr., from the Real Estate Finance Association, a leading trade association for commercial real estate finance professionals. Signifying the admiration and respect of his colleagues throughout the real estate finance, Mr. Winn was honored for his outstanding contributions to the industry.
Mr. Winn was recognized as “a dedicated philanthropist whose work created critical and meaningful change in communities” when he won the Corcoran Award for Excellence in 2009, presented by the Board of Trustees of the St. Mary’s Center for Women & Children, a small non-profit in the Dorchester neighborhood of Boston that supports 500 women and children annually with shelter, clinical and educational services, job training, employment placement, and search for affordable permanent housing.
In October 2015, Arthur Winn will be honored with Community Leadership Award from the Boston Chapter of the American Jewish Committee.
A well-known philanthropist in greater Boston, Mr. Winn has been an active supporter of dozens of civic and philanthropic organizations, including the Anti-Defamation League, National Night Out, St. Mary’s Women and Children’s Center, Combined Jewish Philanthropies, the Landmarks Orchestra, Boys and Girls Clubs, the Dana Farber Cancer Institute, Facing History and Ourselves, among others.
In his free time, Mr. Winn enjoys spending time with his family and giving back to organizations that make a positive difference in the lives of others, a sentiment he holds dear and that continues to resonate throughout the company he founded more than four decades years ago.