Peter R. Kelly

Peter Kelly is co-founder and President of Clover Capital Corporation. Clover provides investment banking and financial advisory services to financial institutions and both public and privately held real estate development firms participating in tax exempt multifamily bond and 4% LIHTC markets. Prior to founding Clover, Mr. Kelly was a Managing Director in charge of public finance activities for the western United States for Bankers Trust Company.

Since founding Clover Capital Corporation, Mr. Kelly has acted as advisor on, and/or assisted in negotiating and arranging tax-exempt multifamily bond issues and low income housing tax credits totaling more than $3.5 billion. Mr. Kelly is also a co-founder and Manager of KCM Capital Advisors, LLC, an affiliate of Clover that is a leading innovator in the structure and syndication of 4% LIHTC for mixed income multifamily transactions.

Mr. Kelly also is a co-founder and Manager of Richman-KCM Tax Credit Advisors LLC (“RKCM”) and of Credit Capital Holdings, LLC (“CCH”), affiliates of Clover that are leading innovators in the structuring and syndication of 4% LIHTC for mixed income “80-20” multifamily projects.  Over the 24 months since it became active, RKCM has either placed or is in the process of placing more than $100 million in equity in exchange for 80-20 LIHTC -- tax credits that, prior to the innovations pioneered by RKCM and CCH, could not be syndicated at all.



Clover Capital Corporation

Peter R. Kelly
1600 Rosecrans Avenue
Media Center, 4th Floor
Manhattan Beach, CA  90266

Telephone (310) 321-7873