Bio
Mr. Reiner, as General Partner, has preserved more than 4,100 affordable apartment units. These properties, with a total development cost of over $600 million, were primarily financed with tax-exempt bonds and low-income housing tax credits.
Mr. Reiner also structured and implemented the first national commercial mortgage-backed securities program facilitating the recapitalization of HUD 236 & 221(d) (3) multifamily mortgages. The structure provided for the rehabilitation and conversion of older government assisted multifamily properties to conventionally financed projects without displacement of the existing low-income tenants. The program provided for the recapitalization of in excess of 3,000 units nationwide.
Prior to his involvement in affordable housing, Mr. Reiner developed residential subdivisions, multifamily, office and industrial buildings and neighborhood retail centers in California. He received a real estate finance degree from San Diego State University and he is a licensed real estate broker in the State of California.
Areas of Interest
- Deal Type
- Acquisition, Development, Ground Lease, Loan Purchase, Opportunity Zone, Partner Buyout, Pre-Development, Recapitalization, Refinance, Rehabilitation