PAR & AAR Director
Mr. Morales, as Executive Director of Hogar Hispano Inc., Owner/Operator of the Raul Yzaguirre Building in Washington D.C., Manager of Hogar Community Reinvestment, LLC (HCR) a Nationwide REO program designed to acquire and repurpose distressed assets for sale or lease to income qualified families/individuals in disadvantaged neighborhoods and serves as Manager of Second Opportunity of America, LLC (SOA), a Nationwide Whole Loan Acquisition Program designed to prevent foreclosure and stabilize hard-hit communities. Mr. Morales’ formed Frime Realty, LLC in 2005 and serves as owner, operator and Designated Broker. His ability to raise private capital and blend it with public funding and CRA programs has led to a successful and replicable program model that brings true positive changes into distressed, underserved, hard-hit communities.
“My goal is to bring this expertise to the board of director of the Phoenix Association of REALTORS® to help our industry to remain a leader in this technological era to better serve our community.”