Rosemarie is instrumental in the affordable housing industry and plays a key role  on a variety of transactions and regulatory challenges. 

Previous Participation Certification and Reporting is our Specialty!

Rosemarie Harris, Principal

Our Background:

Rosemarie Harris started Secured Systems Consulting, LLC February, 2017.  A HUD 2530 expert with over 20 year's of HUD Regulatory / Transaction experience while employed with the largest affordable owner/agent.  The company consisted of a $15 Billion portfolio with 390,000 units in 2,164 properties.  Below is just some of the transactions that Rosemarie played a key role in.  



Acquisitions

$279 Million 87,659 units – NHP Merger

$910 Million 191,000 units – Insignia Financial Merger

$301 Million 36,662 units – Oxford Properties Merger

$1.5 Billion 17,383 units – Casden/Napico Merger

 Preservation and Redevelopments

 $417 Million Tax Credit awards for redevelopment in 58 properties.

$72.2 Million FHA Financed 221 (d)4 loan for 308 units - Pacific Bay Vistas, San Bruno, CA

$190.7 Million FHA Finance 221 (d)4 loan for 730 units – Lincoln Place, Venice CA

Reorganizations

Transitioned 12 Management Companies into 4 – HUD HQ approval to reorganize with out requirement to redo the Management Certifications that could have negatively impacted the management fees. 


$8 Million sale of the remainder Napico portfolio

Various other restructurings in order to simplify the organization structure that saved the company money in taxes.  


Flag and Administrative Sanction Resolution with HUD Headquarters and the Office of Inspector General