Brian Kim

Mr. Kim has more than 25 years of experience in the area of real estate development and financing.  As the principal of CDC Capital, LLC, Mr. Kim has developed and/or financed over $1.5 billion of complex real estate transactions using various capital sources, such as HUD 221d4 loans, conventional loans, low-income housing tax credit equities, tax-exempt bonds, and Fannie/Freddie loan products.  

 

During the past five (5) year period, he has acquired 972 multifamily units totaling over $180,000,000 in total acquisition costs, of which 40% of the units were preserved for residents at moderate to low-income levels. We have also assisted in new construction and redevelopment projects totaling a development budget over $398,100,000 to create 688 multifamily residential units serving residents at all income levels as well as over 386,000 square feet of commercial and community focused amenities to revive communities where commercial development has been sparse. The financing sources for these transactions included tax exempt bonds, taxable bonds, low-income housing tax credits, conventional debt, mezzanine debt, private developer joint venture equity, tax increment financing, Department of Housing and Community Development Housing Initiative Fund (HIF), Maryland Housing Partnership Fund, and Maryland Housing Rental Housing Fund. By utilizing the various private and public capital funds, we are able to structure these deals to optimize our client’s return on investment.