Merchants Capital announced Wednesday that it has expanded its executive leadership team with the promotion of Chris Messmann to Executive Vice President. He oversees the tax credit equity division’s asset management, fund, and risk management teams, including pre-closing financial projections and post-closing investor reporting.
Messmann contributed to the extensive growth of Merchants’ tax credit equity platform, which boasts more than $1.4 billion of equity under management in its third year of operation and is now a nationally ranked syndicator working with top developer and investor partners nationwide.
“We are extremely fortunate to count Chris among our executive team and congratulate him on this well-earned promotion,” said Julie Sharp, Executive Vice President of Tax Credit Equity at Merchants Capital. “His leadership has been invaluable during the past three years and his promotion is a direct reflection on the investments we are making in our team, systems and processes that will enable us to serve our investor and developer clients for decades to come.”
Messmann joined Merchants Capital in 2021, having served in a leadership role for 10 years at a national tax credit equity syndicator. Prior to that, Messmann was a tax accountant at Dauby O’Connor and Zaleski, one of the largest Low Income Housing Tax Credit (LIHTC) accounting firms in the United States.
“Our team is achieving remarkable success in the tax credit equity space, reflecting strongly on our innovative platform and dedicated team of professionals,” Messmann said. “I’m honored to join the executive team that is driving our strategic growth.”
To learn more about Merchants Capital and its services, visit merchantscapital.com.