Mr. Reed oversees the lower tier acquisitions division of Merchants Capital’s tax credit equity platform including sourcing, structuring, and closing lower tier limited partnership investments in tax-advantaged multifamily housing projects. Since joining the firm in November 2020, the tax credit equity platform has originated over a billion dollars and closed a half a billion in lower tier equity with top industry developers in nearly 30 states. Prior to joining Merchants Capital, he consulted for tax credit developers on various aspects of sourcing and structuring Low-Income Housing Tax Credit (LIHTC) real estate projects. Previously, Mr. Reed spent 11 years at CREA, LLC where he engaged in closing, underwriting, and structuring over $700M in lower tier equity acquisitions nationally. Preceding his acquisitions role at the firm, he managed the construction department that oversaw underwriting and construction monitoring for projects nationwide including over $600M in equity investments.