Virginia Pace founded Lightengale Group in 1999. The early years she focused on perfecting the proprietary underwrites software used by LGG, developed by Todd Wells. In conjunction with her partners, Larry and Maggy, Virginia provides oversight to LGG projects. Her specialties include scoring strategy for 9% allocations, tax-exempt bonds, tax increment financing, and public housing funds.
Virginia developed an interest in housing while volunteering with Habitat for Humanity. Soon after, she went on to serve as the Single Family Home Administrator for Affordable Housing for Nashville (AHN). There, she administered the home counseling program and sold AHN-owned affordable homes to qualified purchasers.
After completing her Masters of Urban Planning and Policy at the University of Illinois at Chicago, Virginia was Vice President of Development at Holsten Development. While at Holsten, she discovered her dexterity within the financial aspects of housing development (her first deal to close had ten unique sources of funding), and left to establish Lightengale Group—which allowed her to focus more on the financial side of transactions.
Undergrad: Vanderbilt University, B.A. in Urban Relations
Graduate: University of Illinois, at Chicago, masters of Urban Planning
The name Lightengale honors the legacy of Florence Nightingale, who used data and best practices to dramatically improve survival and healing rates in the operating rooms.
When she’s not working, she stays active by running along the lakefront and camping with her family.
What I like about LGG
“I like being part of a group where everyone shares a passion for creating and preserving quality homes for individuals and families without significant income.”