Berkadia Adds New SVP to Affordable Housing Team

David Leopold will oversee activities, such as mortgage banking, investment sales and tax credit syndication services.
David Leopold, Senior Vice President & Head, Affordable Housing, Berkadia. Image courtesy of Berkadia

Berkadia has hired David Leopold as senior vice president & head of the firm’s national affordable housing division. In his new role, Leopold will oversee the team’s activity, which includes mortgage banking, investment sales and tax credit syndication services. He will report to Hilary Provinse, executive vice president & head of Mortgage Banking.

Prior to joining Berkadia, Leopold worked at Freddie Mac’s multifamily division, where he served as vice president of Targeted Affordable Sales and Investments. During his time at Freddie Mac, he increased the annual housing production from around $2 billion to $9 billion, incorporating new mortgage originations and structured finance. Leopold also led the organization’s return to the tax credit equity market.

Earlier in his career, Leopold led the Tax Credit Equity Origination for Bank of America Merill Lynch and managed Bank of America’s Community Development Lending platform. Leopold holds a B.A. degree from Fordham University and an M.A. from the University of Colorado.