Who We Are
Credit Capital is a national affordable housing investment firm that provides equity capital to low-income housing tax credit partnerships that own affordable housing developments. Since 2002, Credit Capital has invested over $1 billion of equity capital nationwide.
Credit Capital
Our History
Credit Capital was formed in April 2002 by former executives of National Partnership Investments Corp. (“NAPICO”). In 2001, NAPICO was ranked the 9th largest landlord in the United States by National Real Estate Investor Magazine, with ownership interests in over 70,000 affordable housing units located throughout 48 states and territories. In March 2002, NAPICO’s assets were acquired by Apartment Investment and Management Company (AIMCO), the largest publically traded multifamily real estate investment trust in the United States (NYSE: AIV); Credit Capital retained NAPICO’s active syndication business.
Credit Capital
Our Team
Bruce E. Nelson is managing member and co-founder of Credit Capital. He is responsible for the firm’s strategic planning, corporate development, and investment, acquisition and disposition activities. Bruce has 35 years of experience in real estate investment and LIHTC acquisitions and syndication and has participated in the acquisition and syndication of over $2 billion of tax credit equity for numerous institutional clients.
Prior to founding Credit Capital, Mr. Nelson served as President and Chief Operating Officer at a national tax credit syndication firm, then one of the largest multifamily property owners in the United States and Territories, during which time the firm originated over 700 multifamily investments and raised more than $1.2 billion. His syndication experience includes proprietary, regional, guaranteed and national fund placements; and his acquisition experience includes LIHTC, mixed-income, historic and state credit transactions.
Mr. Nelson has been a featured speaker at various affordable housing conferences and was formerly a director of the Affordable Housing Tax Credit Coalition. Mr. Nelson received his Bachelor’s degree from the University of Wisconsin and is a graduate of the University of Colorado School of Law.
Brett R. Nelson is Director of Acquisitions for Credit Capital. He has been a member of the Credit Capital team since 2013 and is responsible for the origination, partnership structuring, financial underwriting and closing of tax credit investments throughout the United States. Brett has 10 years of combined experience in real estate investment, development and LIHTC syndication and has participated in over 45 tax credit investments representing over $375 million of tax credit equity. His experience includes new construction and rehabilitation / adaptive re-use developments utilizing a variety of programs including federal 4% and 9% low income housing tax credits, state housing tax credits, historic tax credits, renewable energy tax credits, HOME, Housing Trust Funds, HAP mark to market and project-based housing vouchers.
Prior to joining Credit Capital, Mr. Nelson was a development analyst for a prominent affordable housing development company based in Los Angeles.
Mr. Nelson earned his Bachelor’s degree from the Cox School of Business at Southern Methodist University, is a graduate of Loyola Law School and an active member of the State Bar of California.