Phuc D. Tran
Vice President, Asset Management
Bio
As the Vice President of Asset Management, Mr. Tran is responsible for overseeing a portfolio of over 6,500 units, as well as financial structuring, fund-raising and business planning on projects. Projects may be for Jair Lynch sponsored investments or as part of a fee service for third-party clients. Mr. Tran’s responsibilities include property oversight, evaluating investment opportunities, structuring transactions, negotiating equity and debt term sheets and project documents, and managing due diligence, closing and ongoing compliance on assigned projects. Mr. Tran serves on the company’s internal investment committee and senior leadership team.
Mr. Tran has over 19 years of real estate experience as a financer, investor, and developer. While at Jair Lynch, Mr. Tran has closed on over $1 billion of debt and equity financings. The sources of financing have included bank debt, HUD 221(d)(4), tax-exempt bonds, institutional equity, LIHTC equity, and social impact investments. Prior to Jair Lynch, Mr. Tran served as Vice President in RBC Capital Markets’ Tax Credit Equity Group. While at RBC Capital Markets, Mr. Tran closed $190 million in low-income housing tax credit (LIHTC), state LIHTC, renewable energy tax credit, and historic tax credit equity financing, helping to create 1,622 units and involving $422 million in total development costs.
Education
- Yale University – Bachelor of Arts, History
- Harvard University, Kennedy School of Government – Master in Public Policy
Affiliations
- Urban Land Institute (ULI)
- District of Columbia Building Industry Association (DCBIA)
- Housing Association of Nonprofit Developers (HAND)
- Coalition for Nonprofit Housing and Economic Development (CNHED)
- Washington Area Community Investment Fund (WACIF)
- Past Vice Chairman of the Board
Project Experience
- Fields at Cascades, Sterling, VA: Affordable Residential
- Plaza Towers, Prince George’s County, MD: Affordable Residential
- 609 H Street, NE, Washington, DC: Mixed-Use and Retail
- Takoma Central, Washington, DC: Residential
- Phoenix Apartments, Prince George’s County, MD: Affordable Residential
- Potomac Vista Apartments, Woodbridge, VA: Affordable Residential
- Berkdale Apartments, Herndon, VA: Affordable Residential
- Villas at Langley, Prince George’s County, MD: Affordable Residential
- 1250 Half Street Southeast, Washington, DC: Mixed-Use Residential / Retail
- âme, Washington, DC: Residential
- Anthology, 625 H Street, NE, Washington, DC: Mixed-Use Residential / Retail
- Paul Laurence Dunbar Apartments, Washington, DC: Affordable Senior Residential
- 3Tree Flats, Washington, DC: Affordable Residential and Commercial
- Regenesis Portfolio, Washington, DC: Affordable Residential