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 $2.0 billion in their FHA portfolio. Michael also acts as a mortgage banker for Commercial Bank, CMBS, CLO, and GSE (Fannie & Freddie) senior debt for apartment owners and developers across the U.S. His specialties include affordable housing, acquisition/ rehabilitation as well as new construction and existing properties with and without Low Income Housing Tax Credits (“LIHTC”) He has structured multiple successful bridge-to-FHA for value-add acquisitions in tertiary markets. Michael has closed hundreds of millions of insured loans for thousands of housing units (both market rate, workforce, and affordable.) Most 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 received his certification as a Rental Housing Development Finance Professional from the National Development Council and was awarded the “Future Leader Scholarship” from the Colorado Bankers Association to attend Graduate School of Banking- Colorado at CU Boulder where he graduated with honors in 2015. He graduated from George Mason University with a B.A. in Theatre in 1998.

Michael recently 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 where during his last year the event hosted a record number of attendees, well over 900. Michael was appointed by the City of Aurora and served a three-year 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. For the past three years, 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.