David Leopold.

NEW YORK CITY—Berkadia is going boldly into the affordablehousing sector to close the gap between supply and demand lendingfor this critically needed asset type. The firm is pulling togetherdifferent business lines such as tax equities, sales and lending toinvest in the sector, and has hired affordable housing vet DavidLeopold as senior vice president and head of affordable housing tolead the strategy.

"The need for affordable housing spans the 50 states and everyterritory, and the fact that Berkadia is willing to invest in thatneed says a lot," Leopold tells GlobeSt.com.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Mariah Brown

Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.