NEW YORK– May 14, 2018 – Berkadia today announced the addition of Managing Director Robert Wrzosek to the Affordable Housing team, continuing the powerful momentum and growth the group has experienced in the last 12 months. Wrzosek will be based out of the firm’s New York office, reporting to Senior Vice President and Head of Affordable Housing Steve Ervin.
“At Berkadia, we are building the most robust, innovative and comprehensible affordable housing program in the industry. Rob knows about building high-performing programs—he’s done it several times before,” said Ervin. “Through the addition of experienced experts like Rob, and resources, like our partnership with full-service tax credit investment company Riverside Capital, we’re tackling the critical need for new opportunities and options head on.”
Mr. Wrzosek joins Berkadia from Berkeley Point Capital, where he was charged with expanding its affordable housing, seniors, healthcare and FHA lending platforms. During his tenure, Berkeley Point went from unranked to a top 5 Fannie Mae affordable lender in 2016 and a top 20 FHA lender, as well as being issued a dedicated affordable housing lender license from Freddie Mac.
“The affordable housing market is at a turning point, and it is critical to not only preserve and enhance existing affordable housing, but also create new solutions that expand access and affordability to communities that need it,” said Wrzosek. “Berkadia is consistently a leader and innovator in the affordable housing space, and I’m excited to bring my experience and insight to bear to help advance the capabilities of and positive outcomes for the affordable housing market at large.”
Prior to Berkeley Point Capital, Wrzosek served as President of Hunt Mortgage Group and Hunt Financial Services. In these capacities, he was responsible for the day-to-day operations of the GSE and mortgage banking businesses, leading Hunt through a significant phase of growth and expansion, including doubling Hunt Mortgage’s affordable production during his tenure.
Wrzosek spent nearly six years at Credit Suisse, where he was responsible for the establishment of the Walker & Dunlop joint venture by combining Credit Suisse’s GSE lending subsidiary, Column Guaranteed, and what was then known as Greenpark Financial. Wrzosek was a Walker & Dunlop Board Member through 2010 and assisted with its IPO. During his Credit Suisse tenure, he was also responsible for managing its private label tax exempt affordable housing securitization platform, as well as being responsible for the day-to-day operations of its LIHTC syndication platform from 2008-2010.
He was a partner with the law firm of Eichner & Norris PLLC, Washington D.C. His legal practice focused on structured finance & tax, with a specialization in the securitization of tax exempt securities and affordable housing finance.
Wrzosek is a graduate of Ithaca College with degrees in Finance and Philosophy, obtained his JD from Duke University and received his Masters of Laws in Taxation from Georgetown University Law Center.