Virginia Pace founded Lightengale Group in 1999 and was its president throughout its 24 years of operation. The technical foundation for the growth of the consulting business was a proprietary underwriting and analysis software developed in partnership with Todd Wells, which helped democratize many of the technical underwriting requirements required by the LIHTC program. Starting with low fidelity prototypes and working through to a highly functional database/ underwriting software that tracked hundreds of versions of deals was a true accomplishment.
Virginia was privileged to have worked alongside so many creative and dedicated individuals throughout these years, notably her business partners Larry Pusateri and Maggy Tinucci Jares. Virginia trained staff and oversaw dozens of deals. She was also fortunate to work with a variety of non-profit and for-profit developers to create new, rehabilitate existing, or repurpose buildings to further affordable housing.
LGG’s dedication was seen in working through details small and large to make good deals happen so they would have long term success. It was a pleasure for Virginia to work with the quality dedicated staff at LGG and she is excited to see so many LGG alum continue in their affordable housing pursuits.
Virginia remains committed to the furtherance of affordable housing and looks forward to the next chapter of that work. Visit www.housingdeveloper.com for more information.