Alliant is a leading sponsor of affordable housing tax credit partnerships with offices nationwide. Founded in 1997, Alliant is among the top sponsors in the nation, having raised more than $2.4 billion in investor equity and sponsoring over 41 corporate tax credit funds. Its partnerships have developed over 433 properties in 38 states making Alliant one of the top 25 multifamily property owners in the United States.
EF&A provides debt financing to owners and operators of multifamily properties through various lending programs, and is one of twenty-five Fannie Mae DUS(TM) lenders. EF&A's origination, underwriting and servicing business will operate as part of Alliant's integrated multifamily finance platform. EF&A's nationwide platform has originated over $5.9 billion of multifamily mortgages since its founding in 1992 and currently services a portfolio in excess of $2.8 billion.
"We look forward to this acquisition advancing Alliant's ability to serve the needs of multifamily housing developers and owners and provide new products and services to our customers," said Shawn Horwitz, co-founder and President of Alliant Capital. "The joining of our two organizations brings exciting opportunities to Alliant by adding multifamily debt origination and servicing capabilities."