Lee Oller

Lee

Oller

Executive Vice President, Originations,
Merchants Capital

Ms. Oller has cultivated relationships with real estate investors across the Midwest and beyond. She has vast experience in financing both market rate and affordable transactions, specializing in the restructuring/recapitalization of HUD-assisted projects.

Prior to joining Merchants, Ms. Oller was an executive with one of Chicago’s oldest privately held full-service real estate firms. During her 25-year career there, she served as Chief Underwriter for HUD’s FHA Multifamily programs and was responsible for managing a team of analysts, underwriters, economists, originators and administrative personnel.  She is an approved LEAN Underwriter for HUD healthcare programs.

With a background that includes loan origination, underwriting and closing union labor and new construction deals, Ms. Oller forged relationships vital in providing financing alternatives for workforce housing, including closing the first Direct PC Swap Freddie workforce housing transaction in the country with the AFL-CIO Housing Investment Trust (HIT).  

Since joining Merchants Capital, Ms. Oller has expanded her lending services from an exclusive focus on FHA and HUD lending to a broader range that spans Merchants’ lending platforms, including Freddie Mac, Fannie Mae and Merchants Bank of Indiana balance sheet and bridge loan products. She has also worked alongside numerous low-income tax credit equity partners to execute complex multi-layered affordable housing transactions.  

Ms. Oller is a nationally recognized multifamily expert, active in numerous industry groups and multifamily committees both local and nationally.  She is an officer on the Multifamily Lenders Counsel focused on multifamily housing policy.  Ms. Oller graduated from Loyola University in Chicago.  She is married with adult children and spends her free time traveling.

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