Senior Vice President, Capital Markets


Marge Novak oversees Berkadia’s overall capital raising efforts for its Tax Credit Syndication business. She joined Berkadia in October of  2020 to raise tax credit equity, recruit new  investors, and manage existing investor relationships.

Prior to joining Berkadia, Marge served as Executive Vice President of the Capital Group at Cinnaire, where she raised more than $1.8 Billion in tax credit equity.  Previously she was the Executive Director of the Ann Arbor Housing Commission, Director of LIHTC for Fannie Mae, Vice President of Funds Management for the National Equity Fund, and Director of Tax Credits for the Illinois Housing Development Authority. Marge received her MBA in Finance from the University of Chicago and her BA in Economics from Brandeis University.

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By Bilder