Leadership & Expertise

The Team Behind
Prime Meridian

Decades of institutional expertise. Disciplined execution. Proven results across HUD financing, LIHTC syndication, and affordable housing development.

40+
Years of Hands-On Experience
HUD
Program Focus
LIHTC
Capital-Stack Focus
Multifamily
Development Focus

Meet the Team

A seasoned team of real estate professionals, capital markets specialists, and operational experts united by a single mission — delivering institutional-grade affordable housing at scale.

Eric Conley

Director of Operations & Development

Eric Conley

I'm a Florida Certified General Contractor (CGC1540488) with over 40 years of hands-on construction and development experience. My background spans field execution, building systems, project management, and coordination from site logistics through final compliance.

My real estate license and long-term investing experience inform how I evaluate demand, pricing dynamics, and execution considerations in the markets where we work.

At Prime Meridian LLC, I bring that construction perspective to multifamily and development projects structured around HUD 221(d)(4) financing and LIHTC programs. Construction approach, contract terms, budget controls, and risk allocation are evaluated project by project and do not eliminate execution risk.

Eric Conley

Director of Operations & Development

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Richard Thayer

Director of HUD & Capital Stack

Richard Thayer

Richard Thayer brings HUD syndication, LIHTC application, capital-stack, and affordable-housing experience to Prime Meridian. His work has involved HUD-insured project processes, program coordination, and development planning.

As a Key Principal on applicable HUD loans, Richard may lead program discussions, syndicator relationships, and capital-stack coordination. HUD review, approval timing, risk allocation, and transaction outcomes remain subject to the governing process and project-specific facts.

Richard’s experience includes coordinating tax-credit equity and government-financing considerations. Any capital-stack structure, project size, investor economics, or availability must be evaluated through the relevant transaction documents and qualified advisers.

Richard Thayer

Director of HUD & Capital Stack

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Sahyli Marquez

Director of Administration

Sahyli Marquez

I am a detail-oriented back office administrator with a strong foundation in systems engineering and experience in administrative operations and real estate support. My strength is organization and execution—ensuring processes run efficiently, documentation is accurate, and daily operations stay aligned with company goals.

I specialize in designing and managing administrative workflows for our client engagements, coordinating scheduling and correspondence, and maintaining structured documentation systems that support business performance.

At Prime Meridian LLC, I focus on making sure everything is right the first time, by streamlining administrative processes, supporting internal coordination, and maintaining operational clarity. My value is simple: I bring structure, accuracy, and consistency to every task, helping the team operate efficiently and effectively.

Sahyli Marquez

Director of Administration

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Phred Tyrell

Account Executive

Phred Tyrell

As an Account Executive with Prime Meridian LLC, I'm focused on multifamily and development opportunities that support affordable and workforce housing. I work with potential partners to organize high-level relationship conversations around HUD and LIHTC program structures, capital-stack considerations, and project diligence.

What draws me to this work is the opportunity to support housing in markets that need additional rental options. I focus on disciplined conversations about the operational, financial, and community considerations that a potential project may involve.

My approach to this role is shaped by earlier experience investing in real estate. It reinforces the importance of candid diligence, clear questions, and recognizing when a proposed approach needs further work.

Phred Tyrell

Account Executive

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Josh Mileikowsky

Account Executive

Josh Mileikowsky

As an Account Executive at Prime Meridian LLC, I specialize in identifying and managing large-scale multifamily development opportunities. My focus is centered on expanding access to affordable and workforce housing, ensuring that individuals and families have a secure place to call home.

Drawing on my background as an MBA graduate, I partner with a wide range of investors to structure robust capital stacks and navigate the complexities of multifamily projects. I enjoy HUD syndication and LIHTC credits within a standard stack; because I use these tools to mitigate financial risk while maximizing the positive impact on my partners and investors!

My professional background centers around insurance and government compliance requirements. This allows me to know what the compliance model is for the developments that I spearhead and bring to fruition. This also allows me to expedite requirements from HUD and state level authorities, so my projects are on time, without the overhead of compliance needs.

For me, the true value of this work lies in the intersection of financial viability and human impact. Being a husband and father of a young family, I deem this very important, not only for my family, but others that can benefit from what these developments can offer.

Josh Mileikowsky

Account Executive

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Industry Affiliations

Trusted By & Member Of

Prime Meridian holds membership and partner standing with the national and state organizations that set the standards for HUD, LIHTC, and multifamily development.

U.S. Dept. of Housing & Urban Development logo

U.S. Dept. of Housing & Urban Development

Approved Developer

American Institute of Architects logo

American Institute of Architects

Member Organization

National Multifamily Housing Council logo

National Multifamily Housing Council

Member

National Apartment Association logo

National Apartment Association

Member

National Assoc. of Home Builders logo

National Assoc. of Home Builders

Member

Texas Apartment Association logo

Texas Apartment Association

Member

Better Business Bureau logo

Better Business Bureau

Accredited Business

Raymond James Tax Credit Funds logo

Raymond James Tax Credit Funds

Preferred Partner

KPMG LLP logo

KPMG LLP

Audit & Tax Partner

Florida Housing Finance Corp. logo

Florida Housing Finance Corp.

Program Partner

Partner With a Team
That Has Done It.

Whether you're a developer seeking capital, an investor evaluating opportunities, or a sponsor looking for a structured HUD solution — Prime Meridian is ready to execute.