Our Principals

Kristi Morgan, Principal

Focus: Provides strategic leadership and oversight to the company to establish long-term goals, maximize revenues, and advance the company. Formulates and manages the company’s strategic and organizational tactics. Cultivates relationships to improve Commonwealth’s success by making a sound commitment to the team, long-term partners, and relationships with lenders, investors, professional partners, and the communities we serve.

Experience: Kristi has over 30 years of extensive experience in real estate management, development, real estate feasibility analysis, IRS Section 42 Tax Credit Program, HUD Section 8 housing, Tax Exempt Bond Financing Programs on local, state, and federal levels, capital and operational budgeting, property
inspection and evaluation. She received her Bachelor’s degree in Business from the University of Wisconsin-Madison. Kristi has personally developed more than $305 million dollars in affordable housing, netting over 2,900 units.

Chris Jaye, Principal

Focus: Oversees all areas of the company, including portfolio performance and dispositions. Manages client, partner, and business relationships while helping to direct the company’s vision. Establishes long-term goals, identifies profitable ventures, and provides leadership to continue to move the company forward.

Experience: Chris has over 25 years of experience in multifamily finance with a focus on affordable housing. Prior to concentrating on real estate development in 2007, Chris spent 12 years involved in the acquisition and syndication of affordable housing developments, most recently as a Vice President of Acquisitions for a national provider of debt and equity financing. He received his degree in Political Science from the University of Wisconsin – Madison. Before focusing on development, Chris served two terms on the Affordable Housing Investors Council Board of Governors.