New York, NY Merchants Capital has added Serah Lee as senior vice president of originations. Based in the company’s New York office, Lee joins the sales team of Andrew Weil and Justin Ginsberg, both executive vice presidents of originations, and senior vice president of originations Pete Nichol. The new team will enhance Merchants Capital’s national multifamily and affordable housing debt and equity footprint.
Lee brings more than 12 years of experience from Grandbridge Real Estate Capital, where she originated, structured and closed agency debt financing via Freddie Mac, Fannie Mae and U.S. Department of Housing and Urban Development (HUD). As a key member of the Affordable Housing team, Lee worked in tandem with Grandbridge’s affiliated tax credit equity group and provided leadership in forward agency financing.
Lee also served on the investments team at a commercial real estate hedge fund. She holds a Master of Business Administration from The Wharton School and a Bachelor of Business Administration from The University of Michigan Ross School of Business.
“Having worked with Serah previously at Grandbridge, we have a cohesive process and a high regard for her talent and accomplishments,” said Andrew Weil, executive vice president of Originations at Merchants Capital. “We’re very excited to bring her into Merchants’ ecosystem, where we are leveraging the bank balance sheet, agency products and tax credit equity platform to provide end-to-end financing solutions.”