15301 Ventura Blvd. Suite B-570
Sherman Oaks, CA 91403

p: 818.808.0600
f: 818.905.8385

Leading developers, owners and operators of affordable housing, nationwide.


With its vertically integrated platform, focused on acquiring, developing and managing primarily affordable housing communities throughout the United States, GHC currently owns and manages more than 170 properties, encompassing more than 20,000 units across 24 states with a market value exceeding $1.25 billion.




Perlman forms GH Capital to focus on acquisition
of multifamily rental housing.

2003 – 2009

GH Capital acquires more than 9,000 units, including the acquisition of three portfolios in OH, PA and NC totaling more than 5,000 units.


Castle Hill and Clairvue Capital Partners (Goldman Sachs) recapitalize approximately 8,200 GH Capital units.


GHC Housing grows to 170 properties and 20,000 units, and acquires a stake in national multifamily market-rate company with more than 30,000 units under management.


GH Capital establishes GHC Management through an acquisition of the Associated Estates REIT affordable housing platform.


GH Capital and Castle Hill create a joint venture and rebrand as GHC Housing to expand the GH Capital and GHC Management platforms.


With an extensive career in acquisitions and development, Gregory Perlman acquires his first project-based

Section 8 property.

1993 – 2001

Perlman acquires 800 Section 8 apartment units along with other real estate assets.


Founder and Chief Executive Officer

GHC Housing Partners’ Founder and CEO is responsible for the company’s vision, strategy and operational oversight. Since 1987, Mr. Perlman’s career has encompassed a wide spectrum of acquisitions and development throughout the United States with a specialization on affordable housing. Mr. Perlman acquired his first Project-Based Section 8 property in 1993, which later that year became his first low-income housing tax credit property. Today, Mr. Perlman is the key principal in more than 18,000 affordable housing units in 24 states, including more than 6,000 low-income housing tax credit units.


Mr. Perlman is widely known at HUD offices and state housing agencies throughout the

United States and has longstanding relationships with Fannie Mae, Freddie Mac and FHA,

as well as some of the largest financial institutions in the country. His philosophy of operating Section 8 properties to market-rate housing standards started with his first acquisition and holds true today as he owns and operates some of the highest quality subsidized housing in the United States.


In 2009, Mr. Perlman formed the ALL WAYS UP Foundation to help low-income residents living in GHC properties improve their lives through educational scholarships, ongoing mentoring and emergency sustainability grants for food, clothing and shelter.


Mr. Perlman is a native of Los Angeles, CA and is a large supporter of numerous charities throughout the United States. Mr. Perlman attended Boston University where he graduated from the School of Management with a degree in Accounting.



Partner and COO

Mr. Clark, a Partner and Chief Operating Officer at GHC Housing Partners, previously co-founded Castle Hill Investors in 2010, a real estate private equity firm focused on operator and platform investing that helps grow real estate companies through capital investment and board level guidance. GHC and Castle Hill continue to partner on investments today.


Prior to his days with Castle Hill, Mr. Clark was a managing director with Meridian Development Partners (MDP) where he helped the company grow into a diversified development and funds management business. He also had responsibility for acquiring more than 1 million square feet of commercial real estate, including multifamily, retail and industrial. Prior to MDP he was a director at the Jamieson Group, a redevelopment consultancy, where he was responsible for land development and entitlements, feasibility analysis, project underwriting and economic development plans. Before joining the Jamieson Group, he worked for the San Diego Padres as an intern, managing retail operations.


Mr. Clark has been an adjunct professor at Columbia University’s Graduate School of Real Estate since 2006, where he co-founded courses in Real Estate Development and Private Equity. Currently, he is a Board Member of Impact Network, an e-learning nonprofit that builds and operates schools in Zambia, and on the board for the ALL WAYS UP Foundation, a nonprofit committed to bridging the gap between ambition and achievement for children in low-income communities.


Mr. Clark holds a master’s degree in real estate development from Columbia University, and is a magna cum laude graduate of the University of San Diego with a dual degree in economics and accounting with an emphasis in real estate.



Chief Financial Officer

GHC Housing Partners’ chief financial officer is responsible for all financial operations, including cash management, investment reporting and tax and financial planning. Ms. Della Ripa joined GHC in 2002 and plays an active role in overseeing the financial aspects of the company and its affiliates.


Ms. Della Ripa has extensive experience in real estate accounting, finance and operations, and more than 20 years of experience as an accountant, chief financial officer, business manager and tax and financial adviser.


After receiving her bachelor of science degree in accounting from Arizona State University, Ms. Della Ripa began her accounting career with the real estate accounting firm, Kenneth Leventhal & Co where she became a licensed CPA and, thereafter, transitioned to business management for music entertainment clients.


Prior to joining GHC, she acted as chief financial officer for Media Ventures, an entertainment company where she managed the business and personal accounts of music industry executives. She has extensive experience handling sophisticated multimillion-dollar financial transactions in both the real estate and non-real estate markets.


Senior Vice President of Acquisitions and Development

GHC Housing Partners' senior vice president of acquisitions and development joined the company in 2002 to expand expertise in acquisition, finance and construction or renovation of affordable and market-rate housing. She has extensive experience with the use of low-income housing tax credits, multi-layered financing structures and HUD project-based rental programs, as well as conventional financing. While at GHC, Ms. Lawshe has been responsible for the acquisition and financing of approximately 15,000 units exceeding $750 million dollars in value.


Ms. Lawshe has more than 20 years of experience in real estate development and finance. Prior to joining GHC, Ms. Lawshe served as the chief executive officer of A Community of Friends (ACOF), a Los Angeles-based nonprofit development organization. Under her leadership, ACOF produced approximately 800 units in Los Angeles, Orange and San Diego counties, and raised more than $100 million in capital from private and public sources.


Ms. Lawshe obtained an MBA, with a concentration in real estate finance, at the Anderson School at UCLA and a bachelor of science in industrial management/industrial engineering from Purdue University.



Managing Director of Acquisitions and Development

As the managing director of acquisitions and development, Mr. Miller is responsible for overseeing the acquisition, debt and equity structuring, and stabilization of new acquisition and rehabilitation projects. He joined GHC Housing Partners in June 2013.


Previously, Mr. Miller co-founded Sureharbor in 2007 where he was a managing principal of its consulting practice, specializing in representing developers and nonprofits in public finance and affordable housing. Prior to that, he was a principal at DPFG, a national real estate development consulting firm. During this period, Mr. Miller was responsible for structuring more than $750 million in bond and tax credit financing transactions and analyzing and negotiating numerous development agreements and tax increment financings.


Before his days with DPFG, he worked at Affordable Residential Communities (ARC), a national Real Estate Investment Trust, where he assisted in the acquisition of more than $250 million in assets and served as the lead analyst in the reorganization and recapitalization of ARC in preparation for its billion-dollar IPO.


Mr. Miller serves on the board of the Foundation for Affordable Housing, a national nonprofit specializing in affordable housing. He attended the University of Colorado, Boulder and graduated as a member of the dean’s honor list with a dual bachelor’s degree in business and urban planning.


Vice President of Acquisitions

GHC Housing Partners’ vice president of acquisitions joined the company in February 2012 and is responsible for overseeing the entire acquisition, due diligence and closing process for new acquisitions.


Prior to joining GHC, Ms. McDowall served as vice president of Lubert-Adler, a real estate private equity fund with more than $16 billion of assets. Ms. McDowall was responsible for
47 joint-venture investments totaling $220 million of equity across various real estate asset types, including multifamily, retail, office and industrial. Additionally, Ms. McDowall directly acquired and/or managed a portfolio of 10 retail assets totaling 1.1 million square feet with
a cost basis of more than $200 million.


Ms. McDowall’s prior experience also includes five years at Morgan Stanley where she worked in the Hong Kong, Tokyo and New York offices. At Morgan Stanley, Ms. McDowall focused on real estate principal finance and commercial mortgage backed securities.


Ms. McDowall attended Yale University where she graduated summa cum laude with a bachelor of arts degree in economics.


Vice President

After joining GHC Housing in July 2013, Ms. Schneider became responsible for the recapitalization and renovation of existing assets as well as overseeing the acquisition, due diligence, and closing process for new GHC acquisitions.


Prior to joining GHC Housing Partners, Ms. Schneider served as director of fund investments for Vestar, assisting with fundraising efforts and overseeing the acquisition process for retail opportunities throughout major metro markets in the West. Her prior experience also includes seven years at Lubert-Adler, a real estate private equity fund with more than $16 billion of assets, where she was a vice president in the Santa Monica office and responsible for establishing and maintaining joint venture relationships in addition to acquiring and asset managing a 1.1 million-square-foot portfolio of West Coast retail properties. In addition, she spent three years creating and managing joint venture platforms across a myriad of property types at Heitman in Chicago.


Ms. Schneider graduated from Northwestern University with a bachelor’s degree in economics.



Executive Director of ALL WAYS UP Foundation

Currently the executive director of the ALL WAYS UP Foundation, Ms. Joyner is also the author of Don’t Get Rejected: How to Get Into the College of Your Dreams. Before her involvement with the ALL WAYS UP Foundation, she was the director of connecting communities to UCLA.


For the past five years, Ms. Joyner has worked as an undergraduate admissions reader for the university where she analyzes the qualifications of prospective college students by assessing their academic and personal achievements and submits admission recommendations. Ms. Joyner now uses her wealth of insider’s knowledge to create programs that give youth tools that enable them to manage relationships within themselves, as well as their families, peers and communities.


A double graduate of the University of Southern California, Ms. Joyner received a bachelor’s degree of art in English and a master’s degree in public administration, with an emphasis in non-profit management.