Garrett Carlson, Jr.

Principal, Shelter Corporation

Senior Vice President and Principal Garrett Carlson, Jr. structures the purchase and manages the acquisition of a wide variety of nonprofit and for-profit housing projects for Shelter Corporation. His recent acquisition experience includes over $100 million in Texas real estate using tax-exempt bonds, identifying low income tax credit vehicles, and acquiring the general partnership interest. Mr. Carlson's most recent acquisition in Florida involved the assumption of $98 million in private activity bonds and an initial equity contribution of $35 million from limited partners Wachovia, Key Bank, Boston Financial and Capmark.

Mr. Carlson's expertise includes budgeting, financing, and understanding the intricacies of conventional and governmental loan programs, Section 8, Tax Credit and construction and permanent mortgage loans. Mr. Carlson secures competitive financing via tax-exempt revenue bonds, commercial banks, state housing finance agencies or institutional joint ventures. He graduated with a B.A. in Economics from the University of Minnesota.