Bond and Debt Lending

Your Affordable Housing Investments Resource

Tax credit syndicators and lending institutions for affordable housing projects nationwide will find a reliable debt capital partner in the Grand Merchant Affordable Housing Investments team. As demand for affordable housing continues to soar, we are a responsive, knowledgeable and experienced financing resource. Our expert team can support you with tailored bond and debt structures that meet the needs of residential projects involving developers, government entities and nonprofit organizations.

Your Home for Tax-Exempt and Taxable Bond Financing

Tax credit syndicators and lending institutions need efficient private placement of tax-exempt and taxable bonds that can support bridge structures, new construction, acquisition rehab, permanent take-out financing and more. Our thoughtful approach leads to innovative and flexible solutions for affordable housing projects in markets nationwide.

Affordable Housing Investments Solutions1

You’re working to meet the growing need for affordable housing, including workforce housing. Turn to us for strategic tax-exempt and taxable bond financing solutions to help meet your needs. Our experts offer solutions to on-the-ground syndicators, intermediary firms and lenders working with developers, government and nonprofit entities. We provide bond funding for:

Our Projects at a Glance

With dozens of projects across the country, the Grand Merchant Affordable Housing Investments group is an experienced investor in a wide range of affordable housing developments. Examples include:

  • New construction: Ground-up development of 10, three-story, garden-style buildings offering 240 units plus a clubhouse/community building in Decatur, Georgia.

  • Adaptive reuse: Conversion of a portion of the historic St. Elizabeth’s Hospital into a 252-unit mixed-income property in the Congress Heights neighborhood of Washington, D.C.

  • Rehab/renovation: Acquisition and rehabilitation of an existing 121-unit multi-family community located east of Los Angeles in La Puente, California.

Our Team

Meet Your Affordable Housing Investments Experts

Rely on us for support with equity investment and capital debt investments in affordable housing, including projects that quality for low-income housing tax credits. Additionally, our Commercial Property Assessed Clean Energy (C-PACE) funding program provides an attractive way to finance green energy features in new or retrofitted developments.

  • Monika Suarez headshot
  • Philipp Smaczny headshot
  • Robert Kong headshot
  • Travis Elmore headshot

About Us

Contact Us

Whether you’re looking for equity investment or debt placement for affordable housing, turn to us. We specialize in purchasing tax-exempt and taxable bonds through tax credit syndicators and other lending institutions that serve the growing need for affordable housing nationwide.

Get In Touch
Western Santander Bank Headquarters

1 East Washington Street
Suite 1400
Phoenix, AZ 85004
United States

See All Locations
CityScape building

1. All offers of credit are subject to credit approval, satisfactory legal documentation, and regulatory compliance. Borrowers are responsible for any appraisal and environmental fees plus customary closing costs, including title, escrow, documentation fees and may be responsible for any bank fees including bridge loan, construction loan, and packaging fees.