Arts Senior Apartments
New Orleans, LA
25+ Years of LIHTC Development Experience
Renaissance Advisory Services (RAS) provides specialized advisory services to affordable housing developers, lenders, credit investors, and syndicators. Drawing on more than 25 years of LIHTC development experience, RAS helps projects overcome obstacles between allocation and closing, provides owner’s representation during construction, and assists owners and lenders in navigating complex end-of-cycle exits to maximize residual value.
Today’s affordable housing developments face increasing complexity, from rising construction costs and evolving building standards, to increasingly stringent underwriting and insurance expectations — pressures that can place otherwise viable developments at risk. RAS helps identify and resolve these issues — whether through technical expertise, strategic guidance, pre-development capital, or hands-on development support.
Construction isn’t every developer’s expertise — and even seasoned ones sometimes lack the bandwidth to manage it effectively. From designer and contractor selection, contract negotiation, and value engineering, through oversight of construction execution, schedule, and budget, RAS provides experienced owner’s representation from conception to completion across both the affordable and market rate sectors. Having operated on both sides of the owner-contractor relationship, RAS understands what motivates each party, where to push, and how to keep projects aligned with developer priorities at every stage.
As LIHTC developments approach the end of their compliance periods, exit strategies that seemed sound at closing often prove difficult to execute — residual value may be lower than anticipated, investor capital account repayment requirements can erode GP incentive to sell, or soft debt balances can block both sale and refinancing. RAS brings experience navigating these and related constraints to structure practical exit pathways when standard assumptions no longer hold.
A snapshot of the affordable housing developments our team has helped bring to life — from ground-up urban infill to complex adaptive reuse.
New Orleans, LA
Morgan City, LA
New Orleans, LA
New Orleans, LA
Renaissance Advisory Services is led by David Miller and Robert Rosamond, whose complementary backgrounds cover every phase of the affordable housing development process.
David has spent more than 25 years navigating the LIHTC industry through multiple market cycles, shifting investor appetites, and an ever-evolving regulatory landscape — experience that informs every advisory engagement.
David@renadvise.com
Robert brings nearly a decade of LIHTC development experience alongside a background working directly in the construction industry, giving him a ground-level understanding of how projects actually get built, what can go wrong, and how to protect a developer’s interests when it matters most.
Robert@renadvise.comSounds right? Don’t hesitate to get in touch.