Berkadia brings on former Freddie Mac VP as head of affordable housing

The mortgage vet served as VP for targeted affordable sales and investments for Freddie’s multifamily business

Berkadia brings on former Freddie Mac VP as head of affordable housing

Berkadia has announced the appointment of David Leopold as senior vice president to spearhead the company’s affordable housing team.

“We are thrilled that David is joining Berkadia,” said Berkadia CEO Justin Wheeler. “He brings unparalleled experience in affordable housing and excitement and energy for the opportunities that lie ahead. He is the perfect leader to spearhead our strategy to build the dominant presence in the affordable housing market, and we’re lucky to have him.”

Before joining Berkadia, Leopold spent almost five years Freddie Mac. He served as vice president for targeted affordable sales and investment for Freddie’s multifamily business. He also spearheaded its reentry into the tax credit equity market.

Prior to Freddie Mac, Leopold led tax credit equity origination at Bank of America Merrill Lynch and managed Bank of America’s community development platform.

“Berkadia has been making bold moves in the affordable housing space, adding talent and strategic capabilities to build a platform that is truly an industry leader,” Leopold said. “I’m excited to join this growing team and to bring my experience to bear to continue to fuel its exponential growth. There is a tremendous need for new and creative solutions to the complex challenges in the affordable housing landscape, and I’m excited to tackle those challenges at the helm of Berkadia’s talented affordable housing team.”