Affordable Housing

Tax Credit Syndication

Berkadia Affordable Housing’s Tax Credit Syndication business has guided the financing and syndication for more than 9,000 affordable apartment homes across the country, representing over $1 billion in tax credit equity. With a network of strong investor and developer relationships and a focus on transparency, competitive pricing, and long-term value creation, we are committed to providing financial solutions for affordable housing communities that lift the lives of the residents who call those communities home.

Portfolio Stats


Portfolio
$1B
assets under management,
96 investments,
36 funds
Credit
Delivery
1%
credit delivery within
1% of projections
Total
Units
9,000
total units across portfolio
Foreclosures
Recaptures
0
zero foreclosures
zero recaptures

Berkadia Affordable Housing’s Investment Sales business has guided the sales of more than $3 billion of affordable apartment homes across the country. With a network of strong investor relationships and a focus on transparency, competitive pricing, and long-term value creation, they are committed to providing financial solutions for affordable housing communities that lift the lives of the residents who call those communities home.

Recent Transactions

California Fund

Multiple Locations, CA

$70,000,000
312 Units

Halewai’olu Senior Residences

Honolulu, HI

$50,000,000
156 Units

HŌM Flats at 28 West 

Wyoming, MI

$5,000,000
160 Units

Tax Credit Syndication Team

David Leopold

Affordable Housing
Executive Vice President - Head of Affordable Housing

Chris McGraw

Affordable Housing
Senior Vice President - Head of Acquisitions

Marge Novak

Senior Vice President - Capital Markets

Zenzi Reeves

Senior Vice President - Asset Management

Drew Ries

Senior Vice President - Finance & Operations

Andrew Anania

Managing Director - Investor Relations

Justin Sigmon

Senior Director - Acquisitions

Chaz Ramos

Vice President - Fund Management
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