Nihar K. Shah is a seasoned professional in real estate development, currently serving as the Vice President and Head of Real Estate Development at the Housing Opportunities Commission (HOC) of Montgomery County. In this pivotal role, Mr. Shah oversees a dynamic team of 15 experts...
Nihar K. Shah is a seasoned professional in real estate development, currently serving as the Vice President and Head of Real Estate Development at the Housing Opportunities Commission (HOC) of Montgomery County. In this pivotal role, Mr. Shah oversees a dynamic team of 15 experts specializing in development, finance, construction, and operations management. His leadership is instrumental in ensuring the financial health and successful execution of various development projects, which have collectively sourced over $1 billion in real estate assets.
Mr. Shah's expertise spans a wide array of skills, including financial modeling, due diligence, and contract management, which he leverages to structure innovative capital solutions and source new deals. As a member of the Executive Staff, he serves as the primary liaison for all development activities, effectively communicating with the Commissioners, internal committees, and external stakeholders, including local council members. His ability to navigate complex partnerships and foster collaboration is critical to advancing HOC’s mission of providing affordable housing solutions.
Under his guidance, the development team is not only focused on meeting immediate project goals but also committed to sustainable practices, as evidenced by his proficiency in LEED certification and construction management. Mr. Shah’s strategic vision and hands-on approach to mentoring his team ensure that HOC remains at the forefront of real estate development, driving impactful projects that enhance the community and improve the quality of life for residents in Montgomery County.