In his role as Founder and Principal of Columbia Residential, LLC, Mr. Khalil directs the company in its mission to provide quality affordable housing in major metropolitan communities. He formed the company in 1991 as the Affordable Housing Partnership, Inc. and concentrated on real estate development consulting. By 1995, he expanded the scope of the organization to include full-service real estate development and management, changing its name to Columbia Residential. Today, Noel is responsible for the company’s strategic planning and development operations, as well as the formation of alliances with local communities, non-profit CDCs, financial institutions, governmental entities, and public housing authorities. He leads Columbia Residential’s development team in the selection and acquisition of residential sites and personally handles the structuring of multifamily housing transactions financed through low income housing tax credits, HOME loans, FHLB subsidy, HOPE VI loans and conventional bank loans.
Prior to establishing Columbia Residential, Noel acted as President of Gibraltar Land, Inc., (a subsidiary of H.J. Russell & Company) an Atlanta-based real estate development company. In this position, he managed all real estate investment, acquisition, and development activities. His additional professional background includes positions as Executive Vice President of H.J. Russell & Company and Senior Vice President of U.S. Home Corporation. During his extensive career in the industry, Noel has been responsible for the development of more than 10,000 multifamily and single-family housing units throughout the United States.
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