As Managing Director, Credit & Portfolio Management, Bret is responsible for the supervision of NTCIC’s existing NMTC, HTC, and solar ITC portfolio investments, including all post-closing financial disbursements, compliance oversight, and reporting. In addition, Bret oversees the onboarding process of the investment at closing, construction monitoring, project performance, and ultimately the investor’s exit. Currently, Bret and his team actively manage $1 billion in tax credit investments.
Bret has over 25 years of experience in commercial real estate appraisal, underwriting, financing, asset management, and acquisition/due diligence. Prior to joining NTCIC, Bret spent three years as an investment and acquisition manager at a private equity real estate investment company and was primarily responsible for underwriting potential deals, evaluating risks, and financial analysis. Bret also has five years of experience as a senior asset manager at Fannie Mae and managed a primarily residential portfolio of 35 assets with a total asset value of $1.1 billion. He provided direct asset management and fund oversight for joint venture market rate equity, mezzanine debt, and historic tax credit equity for acquisition, rehabilitation, and new development deals.
Bret received a Bachelor of Business Administration in Finance from The College of William and Mary and an MBA in International Finance from Loyola College. He is a member of the Historic Tax Credit Coalition and the Novogradac Opportunity Zone Working Group.