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Headshot of Lisa Zebro

Lisa Zebro

Vice President, Deputy Chief Equity Underwriter

Ms. Zebro is the Deputy Chief Equity Underwriter at Merchants Capital and supports the credit, underwriting, and tax structuring functions for the firm’s equity acquisitions and fund offerings. Prior to joining the firm, Ms. Zebro spent more than a decade with Ernst & Young’s Tax Credit Investment Advisory Services group providing consulting and underwriting services primarily for LIHTC and renewable energy investment and production tax credits. While at EY, Ms. Zebro completed project assessments for over 900 tax credit properties in nearly all 50 states. Ms. Zebro also provided accounting and tax advice to some of the nation’s largest investors and opined on real estate underwriting, transaction structure, tax risk and feasibility for tax credit funds sponsored by the nation’s largest tax credit syndicators. Ms. Zebro is an Enrolled Agent able to practice before the Internal Revenue Service. Ms. Zebro earned an MBA from State University of New York at Buffalo and a Bachelor of Science in Business Administration from Bucknell University

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