As Managing Principal of Dantes Partners, Mr. Binitie directs the acquisition, development, management, and financial activities of the firm. Mr. Binitie has an extensive tax credit financing experience (LIHTC, NMTC and HTC) and has closed on financing from nearly every public capital source available including HOME, HPTF, NSP, CDBG and NIF.
Mr. Binitie maintains a narrow focus on creatively structuring deals that strive to address the needs of his clients, community stakeholders as well as various government agency partners. By narrowly focusing on efficiently financing community development transactions, Mr. Binitie has been successful in adding value beyond the numbers.
Mr. Binitie’s career is underscored by a commitment to creating and preserving affordable and workforce housing. To this end, since founding Dantes Partners, Mr. Binitie and his team have closed over $1 Billion of unconventional real estate transactions that utilize low-income tax credits, new market tax credits, tax-exempt bonds, and various other forms of alternative financing. These efforts have led to the creation of over 3,700 units of workforce and affordable housing.
Mr. Binitie speaks regularly at industry focused events, including sessions with The Minority Resource, African American Real Estate Professionals, Bisnow, DC Building Industry Association, Georgetown University, Colvin Institute of Real Estate Development at University of Maryland, and the Howard University Real Estate Club. Mr. Binitie is currently the Chairman of the DC Housing Finance Agency Board of Directors and serves as a Board Member for the DC Building Industry Association.
Mr. Binitie previously served on City First Bank’s board where he was a member of the Audit and Compliance Committee, the Business & Community Development Committee, and the Directors Loan Committee. He also Co-Chaired Reopen DC (Real Estate Task Force and Mayor Bowser's Rental Housing Market Strike Force). For several years he has mentored emerging developers and recently became a mentor for Capital Impact Partners, Housing Equity Accelerator Fellowship.