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Derek DeHay is a managing director on the affordable housing real estate investment sales team at Lument and works out of Austin, Texas. Derek has been involved in the valuation and disposition of over $4.6 billion of affordable housing properties across the country. Within the real estate investment sales team at Lument, he works with existing and new clients on evaluating exit options, marketing properties, and selling affordable housing properties and interests.
Prior to joining Lument, Derek worked as a managing director with Newmark’s Affordable Housing Group for over 10 years.
Derek’s background in the affordable housing industry includes asset management, underwriting partnership interests and properties, acquisitions/dispositions, managing renovations, and new development. His experience includes properties that participate in various HUD programs, the LIHTC program, and USDA programs. Having previously worked with both developers/general partners and limited partners, he understands the complex dynamic within an LIHTC partnership.
Derek graduated from the Hankamer School of Business at Baylor University with a BBA in finance and real estate. During his career, he has earned the CCIM designation, Texas Real Estate Broker’s license, and has had General Contractor licenses in multiple states.