Holly Bray is a Senior Managing Director with Newmark’s Multifamily Capital Markets Debt and Structured Finance Group. Bray specializes in financing market rate and affordable multifamily rental projects, assisted living facilities and nursing homes, primarily through FHA mortgage insurance programs, Fannie Mae and Freddie Mac.
Bray joined Newmark in 2021 after serving 14 years as a Senior Director at Love Funding Corporation, where she financed a wide range of transactions including complex historic, new-market, and low-income housing tax credit transactions. In addition, she was an early adopter of HUD’s Rental Assistance Demonstration Program (RAD) and assisted numerous housing authorities to successfully convert their entire rental housing portfolios to Section 8 Project Based Vouchers (PBV) or Project Based Rental Assistance (PBRA). The RAD conversions included new financing that allowed old affordable housing stock to be substantially renovated or replaced.
Prior to joining Love Funding in 2008, Bray held senior positions with Wachovia Multifamily Capital, Inc.; WMF Huntoon, Paige; and Reilly Mortgage Group. In addition, Bray served as Chair of the Arlington County Citizen’s Advisory Commission on Housing for 11 years.
Professional Affiliations
- National Leased Housing Association – Board Member
- National Housing & Rehabilitation Association – Board Member
Education
Bray earned a BA degree from Gordon College.