Advise clients through the intricacies of affordable housing
CBRE Affordable Housing represented AIG in the $5.1-billion sale of its business to Blackstone
Sarah Garland and Jim Flinn are Director of Production for Affordable Housing and FHA Lending and Vice Chairman of the Debt and Structured Finance team, respectively, of the CBRE Affordable Housing team, which provides financing to affordable housing stakeholders. The team advises clients through the intricacies of affordable housing, including Low Income Housing Tax Credits (LIHTC), Section 42, Section 8, and HAP contract restrictions and assist clients in the transaction by providing market-making services, valuation and advisory support.
The year 2021 was a transformational one for CBRE Affordable Housing, and the affordable housing industry in general. At this time, institutional capital converged with very active sales and debt markets. In this environment, CBRE Affordable Housing represented AIG in the $5.1-billion sale of its business to Blackstone, brokered $3.0 billion of real estate and arranged $1.8 billion of financing. In addition to arranging financing for individual assets and supporting financing in portfolio transactions, the team closed three client Fannie Mae credit facilities.
These are some of the reasons we selected Garland and Flinn for inclusion in the Connect CRE Top Mortgage Brokers and Lenders Awards. These awards recognize industry professionals who have demonstrated the highest standards in commercial real estate finance
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