CHARLOTTE, NORTH CAROLINA (March 20, 2019) – NorthMarq announces the addition of Lawrence Larisma to its Charlotte-based regional office. In his new role as senior vice president, Larisma will assist local, regional and national multifamily, seniors housing and commercial real estate clients with financing for the entire capital stack, including debt, mezzanine and equity capital. He will leverage NorthMarq’s established relationships with institutional providers of capital, including Fannie Mae, Freddie Mac, FHA, Life Company, CMBS, REIT, bank and private debt, mezzanine and equity funds to create innovative financing solutions for his clients.
Since 1998, Larisma has originated and underwritten over $1 billion of construction, acquisition and refinance transactions on market-rate multifamily, affordable housing (HUD 202, HUD 236, Section 8, LIHTC), seniors housing (age-restricted, independent living, assisted living, memory care) and skilled nursing properties. His accomplishments include originating one of HUD’s largest multifamily construction loans and underwriting one of HUD’s largest skilled nursing facility refinances to date. He also originated among the first of several HUD 202 property refinances, as well as one of the first HUD 236/Section 8 decoupling transactions with a Fannie Mae DUS affordable loan.
“Lawrence’s leadership and depth of experience will create an immediate impact in our Charlotte office,” said Jeff Erxleben, executive vice president/regional managing director. “His track record of success, supplemented by NorthMarq’s nationwide platform, signals a positive outlook for current and future clients.
Prior to joining NorthMarq, Larisma served as director of originations at Love Funding Corporation, as well as a director at RED Capital Group in Charlotte. He was also founder and CEO of Reiles Capital Group, a capital advisory firm based in New York, as well as a senior originator and senior underwriter at Greystone & Co., a New York based real estate lending, investment and advisory firm.
”Lawrence is a great fit for our office,” said Bill Matone, senior vice president of NorthMarq’s Charlotte office. “With his extensive experience specializing in debt, mezzanine and equity capital for multifamily, senior housing and beyond, we expect Lawrence to hit the ground running.”
Larisma is a member of the National Multifamily Housing Council (NMHC), Urban Land Institute (ULI), American Seniors Housing Association (ASHA) and the National Investment Center for Seniors Housing and Care (NIC). Larisma graduated with a Bachelor of Business Administration (BBA) degree in International Business and Management from Schiller International University in London, Heidelberg and Paris. He is a certified HUD MAP & LEAN Underwriter for multifamily and seniors housing financing transactions.