Patrick Fry

Background

About Patrick Fry

Affordable Housing Professional adept at analyzing and underwriting affordable housing properties and investments. Experienced in managing transactions using various debt products, LIHTC, and gap funding programs. Proven ability to prioritize tasks, find real solutions to complex problems, and ensure successful deal closures. Attributes- Ability to work independently with little oversight while also being a good collaborator - Self-driven - Detail oriented - Empathetic with good listening skills - Strong work ethic Accomplishments- as a senior development officer, closed multiple LIHTC transactions with combined total development costs of more than $230 million; worked on some transactions from predevelopment to construction completion and lease-up - at top LIHTC syndicator, worked on transactions from initial deal screening through underwriting to initial closing - as tax-exempt debt provider, led working groups in closing dozens of transactions totaling more than $1.2 billion in tax-exempt bonds used to fund loans for affordable and public housing projects Areas of Expertise- LIHTC (Low-Income Housing Tax Credits - 4% and 9%)- Tax Exempt bonds - Financial Analysis and Modeling - Deal Negotiation and Structuring - Project Risk Assessment - Compliance with Industry Policies - Relationship Management with Customers and Stakeholders - Coordination with Third-Party Professionals (Attorneys, Accountants, Market Analysts, Environmental Engineers, Design & Construction professionals)