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Affordable Upstate Names Mario Brown as CEO: A Milestone in Leadership

Affordable Upstate is excited to announce an evolution in its leadership structure, with co-founder Mario Brown stepping into the role of Chief Executive Officer. This transition marks a significant milestone, emphasizing our continued commitment to sustainable, community-driven housing solutions and robust investor returns.

Since our founding in 2016, we’ve raised over $55 million in investor equity, generating strong returns and providing several successful exits for investors. Mario, who purchased his first multifamily complex in 2014, brings over a decade of multifamily investment experience and a strategic vision for scalable, cost-saving measures that directly enhance portfolio value and resident impact.

“Affordable Upstate was founded on the principle that affordable housing and strong investor returns can go hand-in-hand,” Mario stated. “Our future will build on this foundation with a focus on innovative, scalable solutions like N.O.A.H. and nonprofit partner Southeast Affordable Housing Administration. These initiatives allow us to implement cost-saving measures tailored to maximize portfolio value, enhance resident impact, and ultimately position us toward consistent performance with institutional-grade reporting standards. With a strengthened leadership team, we are better positioned than ever to meet the challenges of inflation.”

We’ve recently added key team members, including Chris Rawlings and Sam Gooding, to support growth and refinement. Chris Rawlings, with over 30 years of financial and strategic planning experience, previously served as Treasurer and Director of Corporate Accounting for Landmark Communications, Inc., bringing expertise in corporate finance and long-term growth. Sam Gooding, now an Asset Manager, has managed over $150 million in multifamily financing, specializing in asset stabilization and value-add strategies across the Southeast.

Brian Albers, Mario’s fellow co-founder and previously a principal at Affordable Upstate, will transition to a consulting role, continuing to support the firm’s mission through community-focused nonprofit partnerships. His ongoing involvement ensures continuity and alignment with our core values.

“As Affordable Upstate continues to scale, the team remains dedicated to responsible, community-centered investments that enhance quality of life while delivering robust, long-term returns for investors,” Mario said.

We’re proud to have this exciting leadership update featured in the GSA Business article.