Nick Rojo is the Co-Founder and President of Affiliated Development. Mr. Rojo has more than 13 years of experience in the acquisition, finance, management, rehabilitation and development of residential and commercial real estate.
Nick is a South Florida native and got his start in the real estate industry in 2006 as an investment banker at Wachovia Securities. At Wachovia, Nick focused primarily on providing capital raising and advisory services to public and private homebuilders and developers. Nick gained experience working on a variety of transactions from traditional investment banking – high grade and high yield debt, credit facilities, common and preferred equity, private placements and M&A – to real estate asset-specific transactions, such as project finance and facilitation of bulk land sales. Mr. Rojo was afforded the unique benefit of structuring financings at the peak of the market cycle and then working with clients to restructure during the recession. He left Wachovia to return to South Florida in 2009 to opportunistically acquire property at the height of the recession.
After acquiring and rehabilitating property with friends and family capital, in 2011 Mr. Rojo teamed up with a family office and spearheaded their efforts to acquire residential and commercial property throughout the state of Florida. During this time, Mr. Rojo met Jeff Burns and began evaluating and later investing in projects together. Nick and Jeff saw the opportunity to leverage their finance backgrounds in order to develop mixed-use residential projects in the South Florida market.
In 2014, Mr. Rojo formally teamed up with Mr. Burns to expand Affiliated Development’s presence in Florida. As a result of the partnership, Affiliated Development has gone on to undertake numerous mixed-use multifamily projects in various Florida markets and has earned a reputation as one of South Florida’s most dynamic and impactful development firms. Every project has been a public-private partnership and has incorporated a substantial public finance component, such as Tax Increment Financing (TIF), Community Redevelopment Agency (CRA) financing, Tax Exempt Bonds, Low Income Housing Tax Credits (LIHTC), Department of Housing & Urban Development financing (HUD) and local government general revenue bonds.
Mr. Rojo graduated cum laude with a B.S.B.A. in Finance and New and Small Business Management from Georgetown University in Washington, DC, where he was also a four-year letterman and Academic All-American on the Georgetown Hoya football team.
Mr. Rojo is a resident of West Palm Beach, FL, and sits on the Broward County Sheriff’s advisory council. He is also a board member of Student Aces, an organization that provides leadership training, coaching, mentoring and scholarships to local high school student athletes.