Michael Thomas

Michael’s many years of banking and lending experience started in Southern California at Bank of America as a Bank Account Executive and eventually led to his relocation to Colorado. Since 2015 Michael has served as a Vice President of Multifamily and Healthcare at Gershman Investment Corp.’s Denver Office. GIC is one of the nation’s leading FHA MAP/LEAN-insured mortgage lenders and servicers with over $4.2 billion in their FHA portfolio. Michael has closed hundreds of millions of insured loans for thousands of housing units (both market rate, workforce, and affordable.) More recently Michael closed the first HUD/FHA Hospital Loan (Section 242) located in an Opportunity Zone in the U.S. in Grand Junction, Colorado for $84.5 million.

Michael served a two-year term (2018-2019) as the Housing NOW Fall Conference Co-Chair for Housing Colorado, Colorado’s States preeminent affordable housing association. Michael was appointed by the City of Aurora and served an appointment as a voting member on the allocation of CDBG, HOME, and ESG grants on the Citizens Advisory Board for the City of Aurora, Community Housing, and Community Development. Michael has spoken nationally as a subject-matter-expert on debt panels for Novogradac Affordable Housing and Bond Conferences in San Francisco, New Orleans, and Las Vegas.

Michael has been involved with FHA insured hospital finance for over six years starting in 2017. He has successfully closed $169 million in hospital debt and oversees the relationship management and servicing as a co-signatory for 242.