St. Paul, MN (PRWEB) September 04, 2013
RICHMAC Funding LLC (RICHMAC), a member of The Richman Group of Companies (Richman), headquartered in Greenwich, CT and one of the nation’s leading multfamily housing organizations, has opened an office at 255 East Kellogg Boulevard, St. Paul, MN. Richman is a prominent participant in the multifamily affordable housing industry with substantial expertise in multifamily lending and equity investments, investment banking, development, asset management, property management and mortgage servicing. With over 25-years of involvement in the real estate industry, Richman has grown into one of the nation’s largest multifamily property owners and asset managers. It is a major financier, developer and manager of the debt and equity of multifamily developments with substantial specific expertise in the LIHTC arena, primarily as an equity investor sponsor but also as a developer and LIHTC lender. Richman and its member companies has provided $10 billion in debt financing and equity investment across 49 states and 3 US territories. Richman is a trusted partner to America's best real estate professionals and owners since 1979.
RICHMAC is an approved Fannie Mae Affordable Housing Lender, FHA MAP and LEAN lender and a Ginnie Mae approved seller servicer. Together with RICHMAC LIHTC Funds and RHR Funding LLC, RICHMAC has access to a suite of agency loan products and institutional capital. RICHMAC has a deep bench of talent and resources to underwrite and place loans for market rate and affordable multifamily properties and healthcare facilities.
Marsha Goff, Executive Vice President oversees the St. Paul office and agency production functions for RICHMAC. Ms. Goff, a native of Minnesota, has extensive experience in a variety of relevant mortgage related finance areas, including banking, accounting, commercial and multifamily mortgage financing. Ms. Goff has previously has been directly involved as Chief Underwriter for one or more well-known FHA, Fannie Mae, and Freddie Mac approved lenders.