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Merchants Capital Names EVP in Tax Credit Equity Division
Merchants Capital has promoted Josh Reed to EVP. Reed leads the acquisitions team within Carmel, IN-based Merchants’ tax credit equity division and previously served as SVP.
Since joining the company in late 2020, Reed has been instrumental in developing equity relationships with new and existing partners and has played a leading role in the growth of Merchants Capital as a leading national syndicator with more than $650 million in closed lower-tier equity since inception with top industry developers in nearly 30 states.
Reed is a recognized leader in the industry and his experience includes consulting for tax credit developers on various aspects of sourcing and structuring LIHTC real estate projects. Previously, Reed served at one of the nation’s largest tax credit equity syndicators. There, he engaged in closing, underwriting, and structuring more than $700 million in lower-tier equity acquisitions nationally.
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