Al Ragan, President, MBS Capital Corporation

As President of MBS Capital Corporation, Mr. Ragan oversees all day-to-day operations of the affiliate, which focuses on acquisitions and syndications of new and existing residential real estate properties across the United States.

Mr. Ragan has more than 30 years of property management, financing and acquisition experience, including multi-family, single-room occupancy (SRO), elderly assistive and congregate communities, government-assisted housing and HOPE VI communities and he has a successful record in turning around troubled and under-performing properties.  Prior to becoming President of MBS Capital Corp, he served for 15 years as the President of MBS’ management affiliate, McCormack Baron Ragan Management Services.

Mr. Ragan has served as a board member of the Ohio Assisted Living Association and as a property management advisor to private and not-for-profit groups. He assisted the State of Ohio in preparing a Compliance Manual for the Low Income Housing Tax Credit Program. Mr. Ragan has a successful record in turning around troubled and under-performing properties. Before his association with McCormack Baron Ragan Management Services in 1996, Mr. Ragan was the president of a large Midwestern property management firm with a multi-state portfolio. Mr. Ragan holds a Bachelor of Science degree in Finance and Property Management from California Polytechnic State University.