July 11, 2016
Greystone, headquartered in New York City, hired a team from Denver-based Cambridge Housing Partners. The team, led by David P. Garcia, specializes in the acquisition and preservation of Low Income Housing Tax Credit and Project‐Based Section 8 communities nationwide.
Joining Garcia at Greystone will be Jeff Dean and Zach Chenault, which will increase Greystone’s current group of affordable housing investment sales advisors to five. Greystone now has expertise with programs including 4% LIHTC and tax-exempt bonds; 9% LIHTCs; project-based-Section 8 subsidies; AHP funds; CDBG/HOME funds, as well as credit-enhancements and conventional financing products.
“David and his team have spent the past 15 years acquiring and redeveloping affordable housing from the principal side,” said Aaron Hargrove, a managing director with Greystone’s Real Estate Advisors’ Affordable Housing Advisory Group.