Cory Bannister has spent over a decade financing and developing affordable housing. He is a Managing Director of R4 Capital in our Newport Beach, California office, responsible for originating and acquiring LIHTC properties for the firm. Since 2019, Cory has originated and closed over $1.4 billion of LIHTC equity for R4 Capital.
His finance career began by structuring loans to affordable housing developments with Prudential Mortgage Capital Company, and later, acquiring tax credit properties with R4 Capital. His tenure also includes work for two prominent West Coast affordable housing developers, Wasatch Advantage Group and Community Development Partners. Cory has direct experience working through all stages of the finance and development life cycle. In total, he has developed over 890 units of affordable housing with total development costs exceeding $200 million.
He received a BA in Urban Studies and an MS in Civil and Environmental Engineering, both from Stanford University where he was a scholarship pitcher on the varsity baseball team.