Capital Impact Partners
Howard Ervin
Parallax Development Group
As the Managing Member of Parallax Development Group, Howard currently oversees the development of two new construction affordable housing opportunities in suburban Maryland with an aggregate value of $60,000,000. Howard has been a part of the commercial real estate industry for more than 20 years. His years of experience as a market research analyst, investment broker, project facilitator, and advisor sharpened his talents to a fine point, leading him to open Parallax Development Group in 2012. One year later, Howard expanded his reach into the market and opened Parallax Real Estate Services, a third-party consulting and services firm.
He is an expert strategist who understands the importance of developing and maintaining partnerships with public and private stakeholders to ensure success.
Parallax Development Group focuses on affordable multi-family development units with an emphasis on senior and family housing. The original concept behind the company was to join forces with other affordable housing developers to strengthen buying power. Sourcing new construction and land opportunities is a priority; his dream in the making. Currently in the pipeline is a 90-unit, new construction, senior housing development with 60 affordable townhouse units in the blueprints that he hopes will offer needed stability for others.
A graduate of Georgetown University, Howard holds a Master of Science in Real Estate Finance/Development. He attended undergraduate at North Carolina State University and graduated with a Bachelor of Science in Biology; Business Management. He is a member of the International Council of Shopping Centers.