Christopher L. Tritsis
AIA, MBA
Principal
+1 (312) 228 7333
Chris Tritsis is a partner with Baker Tilly’s real estate transaction services team. Chris has been with the firm since 2017. He is a seasoned professional with more than 20 years and $4.4 billion worth of comprehensive development experience. He provides advisory services on real estate transactions that typically involve tax incentives such as the LIHTC, tax-exempt bonds, HOME, CDBG, seller financing, FHLB, trust fund or others. Services include reviewing financial feasibility of transactions, layered financial structuring and modeling, preparing and consulting on various tax credit and soft funding applications, securing equity and debt, reviewing relevant legal documents, and providing technical or strategic consultation.
Prior to joining Baker Tilly, Chris held several key positions with organizations, including with a regional social services company, a multimillion dollar boutique project management company, a publicly traded multibillion dollar Fortune 50 real estate company and an international architecture firm.
- Consult on over $150 million of 4% and 9% LIHTC projects in six states.
- Work with housing authorities and developers to analysis portfolio assets, utilize HUD notices, safe harbor and complete RAD transactions that include LIHTC in the capital stack.
- Work with new and experienced developers who provide in-house architecture, construction and property management on sponsor projects.
- Co-developed $120 million six senior and family LIHTC projects totaling more than 400 housing units that utilized multiple forms of financing.
- Managed more than $500 million of federal, state, historic and donation tax credit application projects on new construction and rehabilitation of senior and family projects across the U.S.
- Acted as developer, general contractor, self-performing subcontractors for over $10 million on HUD’s Neighborhood Stabilization Funds (NSP) on five scattered sites.
- Feasibility analysis, financial modeling, and soft financing applications for several proposed vacant school conversions into affordable housing.
- Managed several, non-LIHTC, high profile projects and services, such as:
– $125 million, 329-unit market rate, Class A 500,000 sf mixed-use high rise with 10,000 SF retail
– $150 million proposed museum, feasibility, finance plan
– $45 million, 992 room hotel renovation completed within four months
– $25 million Feasibility Analysis of primary care center, early childhood center, and library, parking
– $42 million Mixed use (residential, retail, parking), mixed income (30 percent, 50 percent, 60 percent market)
– $325 million asset managed office, retail, residential, industrial portfolio in the Midwest to include annual budget, dispositions, lease negotiations, capital plans, financial modeling
- American Institute of Architects
- National Council of Architectural Registration Boards
- Illinois Architect
- Illinois Real Estate Broker
- Six Sigma Green Belt
Location
Chicago, IL
Education
Master of Business Administration, finance and international business
Bachelor of Architecture, structural engineering
University of Illinois at Chicago
Master of Real Estate Law,
Honors College
John Marshall Law School (Chicago, Illinois)