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New York & Tri-State  + Midtown New York  + Finance  | 

Enterprise CEO Almodovar Stepping Down to Lead Fannie Mae

Priscilla Almodovar will step down as president and CEO of Enterprise Community Partners and become CEO of Fannie Mae, effective Dec. 5. Enterprise will begin a nationwide search for its next CEO in the coming weeks. 

In the interim, Enterprise’s board has elevated the president of Enterprise’s capital division, Lori Chatman, and COO Drew Warshaw to interim co-CEOs as the organization begins the search for its next leader. 

Almodovar had served as the national nonprofit’s president and CEO since 2019. Prior to joining Enterprise, she had worked for nearly a decade at JPMorgan Chase and led two of its national real estate businesses. 

At Fannie Mae, board chairman Michael J. Heid said, “Priscilla’s vast experience in large, complex businesses and her commitment to affordable housing makes her an ideal choice to further Fannie Mae’s mission to facilitate equitable and sustainable access to homeownership and quality affordable rental housing across America.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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