EF&A provides debt financing to owners and operators of multifamily properties through various lending programs, and is one of twenty-five Fannie Mae DUS™ lenders. EF&A’s origination, underwriting and servicing business will operate as part of Alliant’s integrated multifamily finance platform. EF&A’s nationwide platform has originated over $5.9 billion of multifamily mortgages since its founding in 1992 and currently services a portfolio in excess of $2.8 billion.

“We look forward to this acquisition advancing Alliant’s ability to serve the needs of multifamily housing developers and owners and provide new products and services to our customers,” said Shawn Horwitz, co-founder and President of Alliant Capital. “The joining of our two organizations brings exciting opportunities to Alliant by adding multifamily debt origination and servicing capabilities.”

“Joining with Alliant’s market-leading equity and affordable housing expertise will provide us the breadth of capabilities to better serve our customers and grow our business,” said Byron Steenerson, President & COO of EF&A.

Shawn Horwitz added: “The acquisition of EF&A’s debt capability furthers Alliant’s goal of creating superior products and services to the affordable housing industry."

Beekman Advisors acted as financial advisor to Alliant on this transaction and Citibank Community Development arranged the financing.