Developers break ground on Atlanta affordable housing development with 250 available units

The development came together with a $2 million contribution by Atlanta BeltLine, Inc. ATLANTA — Developers broke ground Tuesday on an apartment building in Atlanta near the Southside BeltLine that promises to provide 250 new affordable housing units. The Skyline Apartments development on Hank Aaron Drive in Peoplestown came together by a $2 million contribution by Atlanta BeltLine Inc. […]

Joint Venture Nabs Okla. City Rental Complex For $59M

Law360 (April 11, 2022, 4:07 PM EDT) — A venture between New York-headquartered Exact Capital and Elevate Commercial Investment Group of Texas has purchased an 850-unit residential complex in Oklahoma City for $59 million, with plans for affordable housing, advised by Arnall Golden Gregory LLP. The buyers will maintain all the apartments as affordable, according […]

Harlem’s Answer to the Shortage of Affordable Housing? Build New Co-ops

As rents soar, housing prices spike and New York City fights a losing battle to provide affordable housing, a developer in Harlem has come up with a counterintuitive approach to the problem: build new, affordable co-ops. Developers have lined up financing to build on two lots that have been vacant since at least 2009 — one at […]

850-Unit Affordable-Housing Property in Oklahoma City Sells for $59Mln

Exact Capital has paid $59 million, or $69,411/unit, for the Isola Bella Apartments, an 850-unit affordable-housing property in Oklahoma City. The New York developer purchased the property from Accord Interests of Austin, Texas. The property, at 6303 NW 63rd St., is encumbered by a $44.8 million loan that was securitized through Greystone CRE Notes Ltd., […]

Op-ed: Mayor has expanded MWBE access to city contracts

Fulfilling his promise to place equity at the center of his administration, Mayor Eric Adams significantly expanded minority- and women-owned enterprises’ access to city business, recognizing their vital role in New York’s economic recovery. The mayor’s MWBE initiatives have an aggressive goal of awarding $60 billion in city contracts by 2030, including $25 billion by […]

Diversifying who gets real estate capital will help the whole city thrive

___________ “Until those they invest in look like those who contribute their money, we’re not going to get there,” said Craig Livingston, managing partner at Exact Capital and chairman of the New York Real Estate Chamber, of pension funds. ___________ When New Yorkers list what they love most about the city, they often mention its […]

City moves ahead with trio of affordable-housing projects

The city is moving forward with a trio of affordable housing developments in Brooklyn and the Bronx despite deep cuts to the Department of Housing Preservation and Development budget. The projects—at 1921 Atlantic Ave. in Bedford-Stuyvesant, 461 Alabama Ave. in East New York and 1007 Union Ave. in Morrisania—contain 400 units of affordable housing, according to […]

Diversifying who gets real estate capital will help the whole city thrive

___________ “Until those they invest in look like those who contribute their money, we’re not going to get there,” said Craig Livingston, managing partner at Exact Capital and chairman of the New York Real Estate Chamber, of pension funds. ___________ When New Yorkers list what they love most about the city, they often mention its […]

Raul Castro ESQ

Counsel Fund Development
Raul is a seasoned attorney with extensive experience in both Big Law and in-house counsel roles, providing legal advisory services to Exact Capital. He specializes in advising broker-dealers and registered investment advisors on a broad range of regulatory, compliance, and securities law matters

Kevin J Ollie

Director - Business Development, Board Member. Kevin
joins Exact Capital as a distinguished member of the business development team, bringing over three decades of leadership , expertise and wealth of experience from his distinguished 25 career in professional basketball and coaching. Kevin’s commitment to excellence and his ability to foster strong relationships have been evident throughout his career. His experience in high-pressure environments and his proven track record of success make him an asset to Exact Capital as we continue to expand and innovate in the industry.

Lamar D. Williams,

Managing Director - Co-Partner Fund
Lamar brings over 25 years of financial sector expertise to Schulman Lobel CPA LLP. His distinguished career includes roles such as Managing Director at Cherry B Holland CPA, LLP, and Managing Partner of Sports and Entertainment at Berenfeld, Spritzer, Schecter, and Sheer CPA. In his current role, Williams focuses on acquiring GP and LP capital, leveraging his deep knowledge in business management, tax strategy, and cost segregation.

Renee Franco,

VP of Asset Management
With over 30 years in the multifamily industry, Renee Franco specializes in asset management, covering development, renovation, and lease-ups. Holding a Master’s in Business Management, she is a Certified Apartment Manager (CAM) and holds several industry certifications. As President of the Tennessee Association of Affordable Housing, Renee advocates for affordable housing policies and initiatives.

Brett Jureller

Director of Development - Design and Construction
Brett leads design and construction for Exact Capital, handling pre-construction, budgeting, and project management. Specializing in multifamily and mixed-use development, he has overseen projects totaling over $1 billion. Brett’s experience includes roles at Cape Advisors and JDS Development, and Turner Construction. He holds a Bachelor’s from Bucknell University and a Master’s in Real Estate Development from New York University.

Michael Callaghan,

Partner at Exact Capital
Michael Callaghan, Partner at Exact Capital Michael, as Partner, directs development, property management, and construction at Exact Capital. He manages real estate development across various asset classes, focusing on sourcing, negotiation, and financing. Michael plays a key role in building relationships with governmental agencies, banks, and community groups, essential for the firm’s development success.

Jack Heaney

Director of Real Estate Development
Jack oversees Exact Capital’s development pipeline, managing due diligence, feasibility, financing, and marketing. With over a decade in real estate development, previously he founded Fulcrum Properties and Architecture, focusing on sustainable mixed-use and affordable housing. An executive advisory member of the Urban Land Institute, Jack holds a Bachelor’s in Architecture and a Master’s in Real Estate Development from Columbia University.

Craig Livingston

Managing Partner, Exact Capital
Craig Livingston serves as the Managing Partner of Exact Capital, where he oversees the firm’s development activities, including structuring, negotiating, financing, and managing real estate ventures. With extensive experience in the industry, Mr. Livingston has advised, structured, and executed financing for numerous transactions within the firm’s real estate portfolio, totaling over $1.5 billion across multifamily, retail, and hospitality assets. As Chair of Exact Capital’s Investment Committee, he has spearheaded the firm’s regional expansion beyond New York, identifying strategic opportunities in emerging markets. Beyond his leadership at Exact Capital, Mr. Livingston is deeply involved in the real estate community. He serves as Board Chair of the New York Real Estate Chamber (NYREC), a consortium of diverse real estate developers throughout New York City and State. Mr. Livingston holds a Bachelor’s degree from the University of Connecticut and earned his MBA from Columbia Business School. He began his career at Booz Allen before moving into the financial sector at Goldman Sachs.