May 28, 2024 9:00 AM
Newmark announces that Evan Williams has joined the firm as Vice Chairman, Head of Affordable Housing Debt & Structured Finance to expand the company’s affordable housing debt services across the U.S. With more than 20 years of experience, Williams specializes in the origination of affordable multifamily housing loans for properties including Section 8, Low Income Housing Tax Credits (“LIHTCs”), tax exempt bonds, general partner interests and portfolios. He focuses on government-sponsored enterprise (GSE) business nationally, with specific expertise in Fannie Mae Multifamily Affordable Housing, Freddie Mac Targeted Affordable Housing programs and FHA loan originations.
Williams will partner with Newmark’s Affordable Housing Advisors (AHA) team, led by Vice Chairmen and Co-Heads of Affordable Housing Andrew Daitch, Steven Miscavish, Seth Barnett and Matthew Kurzmann. Together, these professionals will tap into Newmark’s extensive resources while continuing to provide expert market knowledge and advisory services to clients in the affordable housing industry.
“The addition of Evan further solidifies our commitment to growth in the Multifamily Capital Markets space and positions Newmark as the industry’s firm of choice in Multifamily lending,” said Sharon Karaffa, President, Multifamily Debt & Structured Finance at Newmark. “We are thrilled to expand our capabilities in affordable housing to further support this critical segment of the industry.”
Daitch added, “Evan brings the highest level of creativity, sophistication and resources in financing affordable housing properties nationwide. His experience, combined with AHA’s national brokerage team, further establishes our goal of providing the most client centric platform for owners of affordable housing. We are thrilled to have Evan join Newmark.”
Based in New York, Wiliams previously served as a Senior Vice President of Originations at Capital One, where he structured over $2.8 billion in affordable housing debt. Earlier in his career, Williams was with Prudential Mortgage and Lument (formerly known as Centerline), originating multifamily financing through GSE loan programs.
Williams added, “Newmark’s leadership continues to demonstrate commitment to expanding agency business and prioritizing sustainability and community investment to serve the mission of affordable housing. The AHA team has been a leader in affordable housing investment sales for over 20 years, and I’m honored to partner with the team and Newmark to expand our GSE and capital markets solutions for our clients.”
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, startups to blue-chip companies. Combining the platform’s global reach with market intelligence in established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of March 31, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,600 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
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