DAVID STARR

Managing Partner

David Starr, principal of Clermont, LLC., is an advisor to the real estate industry on finance and development. Mr. Starr pioneered the marketing and placement of tax-exempt bonds for the acquisition and development of multifamily housing projects. He is one of the largest providers of development capital debt on both rated and unrated bases throughout the Southwest and Southeast with over $1 Billion in funded transactions.

Mr. Starr is also the visionary for the ultra-successful development of Vantage Communities, a Class-A, multi-family product with over 40 completed developments and an ongoing pipeline of additional sites throughout the United States. There are currently eight additional projects being developed at $30,000,000 each, with others in the pre-development stage.

Since 1999 Mr. Starr has been president of American Opportunity for Housing, Inc. (AOH) as well as the American Agape Foundation, Inc. Both of these non-profits are developers and providers of over 15,000 units of affordable housing as well as providing numerous social service programs for the tenants. These successful programs also partner with local and regional non-profits like food banks and Catholic Charities.

Mr. Starr is also currently developing state-of-the-art youth sports facilities. His flagship project, Destination KP, is located in Long Island, NY. This project offers underprivileged youth an opportunity to be able to participate in sport-related activities that they normally would not be able to afford.

Mr. Starr has been an Advisory Board Member of the Rural Rental Housing Association; the National Multifamily Housing Board; the Howard University advisory committee; and the South Texas Blood and Tissue Center Board. Mr. Starr was appointed in July 2013 to the Alamo Regional Mobility Authority, a state and county board that develops and improves roads and highways. He currently serves as their treasurer.

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