September 8, 2020
Berkadia acquired LIHTC Advisors, an Idaho-based brokerage firm dedicated to providing full-service solutions for apartment investors and focusing on Low Income Housing Tax Credit (LIHTC) and other affordable housing properties. Leading this team will be Jeff Irish and Brandon Grisham, former principals with LIHTC Advisors.
Berkadia’s Justin Wheeler says, “This is a huge step forward in Berkadia’s goal of expanding our affordable housing team, another investment in this critical space.”
Irish and Grisham have been in the affordable housing brokerage business for a combined 19 years representing both general and limited partners. In 2019, they closed 53 transactions, and expect to exceed that in 2020.
Prior to joining Berkadia, Irish and Grisham have been involved in the sale of more than $2 billion of affordable housing assets throughout the country. The addition of LIHTC Advisors will broaden Berkadia Affordable’s market presence and support long-term strategic growth under the leadership of David Leopold, SVP and Head of Berkadia Affordable.
For comments, questions or concerns, please contact Dennis Kaiser