Michael Mccarthy Email and Phone Number
My career in real estate began in graduate school when I interned with a national housing developer in New Jersey, but my passion for affordable housing and the collaboration and partnerships necessary to develop it precede that experience. I have always enjoyed being a connector and facilitator and love the satisfaction of bringing a community together to work toward a common goal. As a Peace Corps Volunteer in Kazakhstan, I led projects that united communities through cultural and language exchanges, igniting my mission-driven spirit for community building and affordable housing.For the past 14 years I have led diverse teams in New York City, transforming affordable housing developments from early concepts to welcoming tenants into their new homes. Through strategic public-private partnerships, I have secured over $1 billion in capital financing, developing more than 20 buildings and providing new homes for over 2,000 individuals and families. As an outcome-driven leader, I have successfully navigated complex real estate deals, advocating for the resources needed to create housing opportunities and adding value for both investors and tenants.Looking ahead, I seek to further a firm's mission by expanding development opportunities and forging strong connections with investors, lenders, community leaders and tenants. As a lifelong learner, I am excited to master various development and financing structures to bring more resources to the communities that need them the most. My goal is to leverage my experience and skills to create value for all stakeholders.
Lemle & Wolff Companies
View- Website:
- lemlewolff.com
- Employees:
- 56
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Development Project DirectorLemle & Wolff Companies Oct 2024 - PresentBronx, New York, United States -
DirectorAlembic Community Development Apr 2014 - Oct 2024New York, New York, United States● Oversee a team of up to three project managers at a time to manage 14 development projects to ensure timely and effective execution of real estate transactions with a variety of stakeholders.● Executed over $900 million worth of new construction and rehabilitation costs over 17 buildings and 1,700 residential units in strategic partnership with New York City and New York State housing agencies. Serve as project lead and coordinate with 11 non-profit partners, 4 public lenders and 9 private lenders, elected officials, architects, engineers, general contractors, attorneys, property managers to ensure each project’s successful completion and operation. ● Manage the full life cycle of real estate development process, from conception through pre-development and design, construction financing closing, construction management, and lease-up for affordable housing and community facility projects.
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Senior Project ManagerAlembic Community Development Jan 2010 - Mar 2014New York, New York, United States● Secured over $100 million in financing from public and private sources including 4% and 9% LIHTC, tax-exempt bonds, banks, Community Development Financial Institutions, government grants and loans to develop 5 buildings with 300 units.● Led and coordinated 4 nonprofit partners, 4 public lenders and 3 private lenders, elected officials, architects, engineers, contractors, attorneys, property managers to ensure each project’s successful completion and operation.
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Development Analyst InternEnterprise Community Investment, Inc. Jun 2009 - Nov 2009New York, New York, United States● Analyzed more than $270 million of LIHTC equity investments, including family, senior, special needs, scattered-site and preservation projects.● Wrote and presented investment analyses to senior leadership, including evaluation of financial feasibility, development team capacity, market strength, site characteristics and investor return resulting in 5 letters of interest, 2 of which were accepted. -
Summer Development AssociateAvalonbay Communities Jun 2008 - Aug 2008Woodbridge, New Jersey, United States● Analyzed over 30 development sites exceeding $1.5 billion in potential investment opportunities through projections and derived valuations based on discounted cash flow and direct capitalization methods.● Sourced multifamily residential development opportunities, including affordable housing set-asides and prepared memos to senior leadership based on financial models and collaboration with cross-functional teams to determine if the firm would invest in a property. -
Program AssistantAcademy For Educational Development Oct 2004 - Sep 2006Washington, District Of Columbia, United States● Recruited over 30 consultants for overseas contract roles and served as their contractual and financial liaison to the organization during contract terms.● Supported a staff of 15 in producing responses to requests for proposals and applications to USAID and other federal agencies, including background research and production and collaboration with other contributing departments. -
VolunteerPeace Corps Jun 2002 - Jun 2004Lisakovsk, Kostanay Region, Kazakhstan● Managed and created a seven-day curriculum for English-language summer camp for 60 students and 11 teachers that was replicated in subsequent years by local educators.● Instructed English-language courses in both English and Russian to over 300 children and adults throughout the local school system.
Michael Mccarthy Education Details
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International Relations, Spanish -
Finance -
Master Of City And Regional Planning
Frequently Asked Questions about Michael Mccarthy
What company does Michael Mccarthy work for?
Michael Mccarthy works for Lemle & Wolff Companies
What is Michael Mccarthy's role at the current company?
Michael Mccarthy's current role is Collaborative Real Estate Leader | Community Development Advocate | Strategic Partner for Affordable Housing.
What schools did Michael Mccarthy attend?
Michael Mccarthy attended Michigan State University, Rutgers Business School, Rutgers University–new Brunswick.
Who are Michael Mccarthy's colleagues?
Michael Mccarthy's colleagues are Trixze Smith, Brenda Santaliz, Genesis Reyes, Ankita Ramakrishnan, Nancy Pagan, Paul Rios, Irwin Lebron.
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