Brock Armstrong, Manager, Project Finance

Brock Armstrong structures and underwrites mixed-finance and low-income housing tax credit (LIHTC) investments. Mr. Armstrong joined the Project Finance Team at McCormack Baron Salazar in May 2009 to work across all company projects, creating financial structures, managing the financial and legal aspects of the financial closing, and overseeing the close-out process upon project completion. Working closely with individual project managers, Mr. Armstrong maintains a portfolio of development projects and their financial models, prepares various state and federal regulatory filings and applications, represents project finance in meetings with city/state housing and finance agencies, negotiates with lenders and equity providers, works with accounting staff, interfaces with outside legal and financial experts, and acts as a member of the closing team.    

Between 2009 and 2011, Mr. Armstrong participated in closing multiple transactions, totaling almost $70 million in development and resulting in hundreds of units of mixed-income housing in cities across the country.

Prior to joining the Project Finance Team, Mr. Armstrong worked for four years as a financial consultant for RubinBrown LLP representing syndicators and developers in creating financial models for a large number of LIHTC, NMTC, and HTC transactions.  He has also worked as a financial analyst for a money management firm, an energy trader and a transaction manager for a commercial real estate services firm.  He holds a bachelor’s degree in business administration with emphasis in finance and real estate from the University of Missouri - Columbia and master’s degree in business administration from the University of Missouri - Columbia.