Investment Banking

The Nation’s Premier Sponsor of Affordable Housing Tax Credit Funds.

 

Over the last five years, The Richman Group and its affiliates has been the nation’s premier sponsor of affordable housing tax credit funds. To date, the organization has structured and sponsored real estate investment funds that have surpassed 1,500 properties acquired. Our properties are located in forty-nine states, Washington, D.C., Puerto Rico, Guam, Saipan and the U.S. Virgin Islands. Through public and private offerings, the firm has raised over $11 billion of equity dollars that have been invested in real estate transactions having a property cost of nearly $20 billion.


Click below for more information on Mixed Income LIHTC Syndication:

80/20 and 50/30/20 transactions

$11.5billion+
Equity Raised
120+
Number of Funds
100+
Number of Investors

Industry-Leading Acquisition Philosophy


One characteristic that distinguishes The Richman Group is our acquisition philosophy, which is based on the premise that reducing risk is the prime objective of our partners. Drawing on our diverse competencies, we actively work with developers during the project design and structuring stages to reduce investment risk for our investors while enhancing economic performance for our third-party developers, both for-profit and not-for-profit. Each aspect is subject to rigorous due diligence, which includes a comprehensive review of the background of the developers, construction, engineering, economic feasibility, seismic and environmental conditions and market analysis, all with the goal of a timely underwriting. The result is that not one of our approximately 1,300 tax credit properties is experiencing economic default.