About
Samuel Lacebal is a Director on Greysteel’s Affordable Housing Investment Sales team, based in the firm’s Irvine office. He specializes in advising developers, tax-credit syndicators, mission-driven & nonprofit organizations across Ohio, Indiana, Tennessee, and Kentucky on the disposition and recapitalization of affordable housing assets.
With nearly a decade of commercial real estate experience, Samuel has built a strong track record executing complex transactions involving Project-Based Section 8, Section 42 LIHTC, GP Interests, RAD, Section 515, and Mixed-Income assets. He partners with clients to navigate regulatory complexities, optimize capital structures, and implement tailored strategies that maximize value while accelerating time-to-close.
Samuel leverages deep institutional relationships, a targeted buyer network, and disciplined marketing processes to generate competitive outcomes for his clients. His expertise in underwriting and affordable housing programs allows him to position assets effectively and attract qualified buyers who understand the nuances of subsidized housing investments.
To date, Samuel has facilitated over $225 million in transaction volume across 31 transactions, representing approximately 3,100 units.
Professional Highlights:
- Markets Covered: Ohio, Indiana, Tennessee, Kentucky
- Target Clients: Affordable Housing Sponsors, Developers, and Syndicators
- Property Types Served: Affordable Housing (Primary); Multifamily
- Primary Specialties: Investment Sales, Portfolio Dispositions
- Core Expertise: LIHTC, RAD, Project-Based Section 8, Mixed-Income Housing, Capital Strategy, Accelerated Execution
Education, Affiliations, and Licenses
- Bachelor of Science in Urban & Regional Development, Business Minor, University of Arizona
- California Real Estate License
Achievements
Deal Highlights:
Beechwood Villas & MacArthur Park – Cincinnati MSA (2021)
- Role: Sell-Side Advisory
- Size: 269 Units | $21,500,000
- Outcome: Generated 12 offers
- What Drove the Outcome: Created a competitive marketing process with a targeted approach to a specific group of buyers who understand Project-Based Section 8 assets
Oak Knoll Renaissance – Gary, IN (2025)
- Role: Sell-Side Advisory
- Size: 256 Units | $13,045,000
- Outcome: Generated 8 offers; property to undergo tax credit rehabilitation
- What Drove the Outcome: Created a competitive marketing process with a targeted approach to a specific group of buyers who understand Project-Based Section 8 assets
Interests
- Skiing, camping, and fishing
- Traveling
- Serving at his local church

