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.

Director of Operations & Development
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.

Director of HUD & Capital Stack
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.

Director of Administration
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.

Account Executive
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.

Account Executive
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.
Prime Meridian operates within a curated network of institutional partners — lenders, syndicators, legal counsel, and capital providers — assembled to execute complex HUD and LIHTC transactions with speed and precision.
Prime Meridian holds membership and partner standing with the national and state organizations that set the standards for HUD, LIHTC, and multifamily development.

Approved Developer

Member Organization

Member

Member

Member

Member

Accredited Business

Preferred Partner

Audit & Tax Partner

Program Partner