Michael Chiappa Email & Phone Number

Washington, Dc, Us

Arlington, Va

Director of Real Estate Development (Dec 2017 - Present)• Responsible for execution of APAH’s $370 million real estate development portfolio, including tax credit structuring and syndication, negotiation of debt and equity terms, and preparation of competitive funding applications• Supervise construction of Columbia Hills, a 229-unit development costing $92 million and delivering in Fall 2018• Establish and maintain relationships with local governments, property owners, lenders and… Show more Director of Real Estate Development (Dec 2017 - Present)• Responsible for execution of APAH’s $370 million real estate development portfolio, including tax credit structuring and syndication, negotiation of debt and equity terms, and preparation of competitive funding applications• Supervise construction of Columbia Hills, a 229-unit development costing $92 million and delivering in Fall 2018• Establish and maintain relationships with local governments, property owners, lenders and equity providers• Serve on the planning committee of the Virginia Housing Alliance 2018 Tax Credit ConferenceAssociate Director of Real Estate Development (Dec 2016 - Dec 2017)• Negotiated and closed on financing of $71 million for Gilliam Place, a redevelopment of the Arlington Presbyterian Church that will provide 173 new affordable apartments and 9,000 square feet of retail space on Columbia Pike• Negotiated and closed on financing of $30 million for Fisher House II, a historic renovation of 68 apartments in 8 buildings to preserve affordability in Arlington’s Westover neighborhood• Managed re-financing of $4 million for Leckey Gardens, a 40-unit development undergoing moderate renovation• Presented at the Virginia Housing Alliance 2017 Tax Credit Conference on an innovative financing structure to combine 4% and 9% Low Income Housing Tax Credits (LIHTC)Real Estate Project Manager (Dec 2015 - Dec 2016)• Led closing efforts for Columbia Hills, APAH’s first project combining 4% and 9% LIHTC, and managed construction after closing• Analyzed risk for all active development projects and provided recommendationsReal Estate Associate/Analyst (Aug 2013 - Dec 2015)• Prepared the competitive 9% LIHTC application for Columbia Hills• Provided financial modeling support for potential acquisitions and long-term pipeline projects• Oversaw closing of Arna Valley View, the acquisition of a 101-unit development purchased from Avalon Bay Show less

Bethesda, Md

• Reviewed conventional Fannie Mae DUS loans up to $110 million and briefed senior management• Conducted due diligence site visits, management interviews and market surveys in numerous states• Reviewed engineering reports, environmental studies and appraisals• Extensive underwriting experience for loans up to $20 million

New Orleans, La

• Directed all aspects of a $150,000 historic rehabilitation project for a commercial office building in Gretna, LA• Secured project funding from private investors, lenders and tax credits• Performed extensive due diligence for a $1.2 million mixed-use redevelopment opportunity on Freret Street• Provided consulting services on historic tax credit applications for other local developers

Spearheaded numerous object based programming projects written in PHP/MySQL, Matlab, R and MosekDesigned an innovative methodology to accurately estimate system-wide dispatch conditions from publicly available electricity market price dataCollaborated with multiple teams to implement new modeling frameworks that are widely used across firmSupervised junior analysts and associates including work plan development and career progress evaluation

Developed new congestion valuation models for Midwest electricity market in support of multiple portfoliosAnalyzed market bid data to estimate marginal cost of electric generation at critical points in systemCreated and taught training courses for new analysts and associatesLed analyst/associate cohort meetings and relayed feedback and concerns to senior management

Analyzed multiple potential investment properties to determine relative attractivenessPresented analysis and recommendations to senior management teamCoordinated home and pest inspections, appraisal and loan documents in preparation for closing

Prepared applications for zoning variances to operate parking lots in the city of St. Petersburg, FloridaDesigned parking lot layouts to maximize capacity, manage traffic flow and satisfy ADA and local zoning lawsAssisted in developing parking lot management proposals including pro-forma budgets

Mba

Ab, Mathematics