The Road to a Rewarding Affordable-Housing Career

Grosz: “Had I not done the program, I probably would not have found myself in affordable housing at this point in my career.”

SAN DIEGO—The University of San Diego’s MSRE program, offered at the school’s Burnham-Moores Center for Real Estate, gives students support and access to the right people, in addition to carrying with it prestige among industry executives, Red Stone Equity Partners’ SVP of acquisitions Matt Grosz tells GlobeSt.com. Grosz, a 2008 graduate of the program, credits it for his current position as well as the roles that have led up to it.

Grosz is responsible for the origination, acquisition, financial underwriting, partnership structuring, and syndication of affordable housing and historic tax- credit investments on the West Coast. He has 13 years of combined experience in real estate investment, development and LIHTC syndication. Prior to joining Red Stone, Grosz served as CIO for Chelsea Investment Corp., a West Coast-based affordable-housing development company. Before joining Chelsea, Matt operated as an investment and mortgage banker for Red Capital Group in its LIHTC-equity-syndication and multifamily mortgage-banking divisions, where he assisted in financing more than 1,000 housing units with project costs in excess of $200 million. Grosz obtained a Bachelor’s of Arts degree from Saint Mary’s College of California in Business and Economics and received his Master of Science in Real Estate from the University of San Diego.