Senior Vice President - Head of Affordable Housing
David manages all facets of Berkadia Affordable Housing, an integrated business that includes Mortgage Banking, Investment and Sales advisory services, and Tax Credit Equity Solutions - providing comprehensive financial solutions to owners and developers of multifamily affordable housing and investment management services for investors.
David joined Berkadia in November of 2019 to lead the integration of Berkadia Affordable. Prior to that, he spent five years with Freddie Mac Multifamily as Vice President of Affordable Sales and Investments where he grew Freddie Mac's affordable production from $2.2 billion in 2014, to about $9 billion in 2019 - while maintaining 0 delinquencies. He also led Freddie Mac's reentry into the LIHTC equity investment business in 2018. Prior to Freddie Mac, David was a Tax Credit Equity Executive for Bank of America Merrill Lynch, leading the Nation's second largest tax credit equity investor from 2009-2015. David's background also includes municipal bond finance, structured finance and securitization, public private partnerships, and tax efficient impact investing.
Education & Certifications
- University of Colorado, MS
- Fordham University, BS
Affiliations & Memberships
- Urban Land Institute, Affordable and Workforce Housing Council
Industry Specialization & Skills
- Multifamily Affordable Housing
- Tax Credit Equity Investing
- Structured Finance and Securitization
Awards & Notability
- Commercial Observer's 50 Most Important People in Real Estate, 2017-2019