Philip Silva

Philip Silva’s work is focused on revitalizing existing large-scale affordable housing apartment complexes across the country. Since 2011 he has run the Green Wall Group LLC and before that worked with Recap Real Estate Advisors in Boston.
 
Philip works closely with for-profit, non-profit, and government owners of the affordable properties to help them structure financial transactions. He typically works with owners either buying new properties or with current owners interested in structuring preservation transactions bringing in resources such as LIHTC to fund needed renovations and keep properties affordable for many years to come. His focus is mainly on the remaining stock of federally subsidize properties with project based Section 8 which is the core of the nation’s affordable housing stock, but since no more is being made, must be preserved. He has been involved in closing over 100 transactions and has sourced more than $1.5B in debt. In 2009 he helped originate and close the $513m refinancing loan of Starrett City in NY, the national largest federally assisted affordable housing property with over 14,000 residents.
 
Philip received his BBA from the Isenberg School of Management at University of Massachusetts, Amherst, with a focus on Accounting and Economics. He is pleased to be back in the Pioneer Valley and enjoys living in the middle of the woods in Sunderland, MA with his wife and two young children.