About the firm

Disciplined capital for durable housing.

A Pacific Northwest affordable housing platform pairing institutional finance discipline with operational and technical depth — to make each dollar of subsidy go further.

Tolt Capital Partners was built on a simple observation: in affordable housing, operational efficiency is a direct input to how many units get built.

Every dollar of subsidy that doesn't go to overhead is a dollar that stays in housing. The industry has normalized the manual workflows, fragmented data, and coordination friction that come with LIHTC development. That gap is the problem Tolt is built to solve.

We founded the firm in 2026 to build what we believe affordable housing needs next: a developer that is disciplined, technically deep, and willing to rethink how the work actually gets done.

The team

Who we are.

An early-stage firm, backed by experience structuring and overseeing real capital at scale.

Andrew T.M. Johnson

Co-Founder · Managing Partner

Andrew leads acquisitions, capital structuring, and development, with seven years in institutional real estate finance and affordable housing spanning $1B+ in CRE debt and $200M+ in LIHTC general-partner investments.

He has structured transactions across the full LIHTC capital stack — tax-credit equity, construction lending, permanent debt, and public soft financing.

Drew Taylor

Co-Founder · Platform & Operations

Drew leads platform operations and internal tooling, with a decade of product leadership at Microsoft and Confluent, where he scaled cloud infrastructure and tooling across complex, regulated environments.

At Tolt he builds the analytical and operational systems that let a lean team compete with larger firms.

$1B+
CRE debt originated & overseen
$200M+
LIHTC GP equity invested
7 yrs
In institutional real estate finance
Work with us

Let's talk.

Brokers, owners, cities, and capital partners — reach out and you'll work directly with the partners.

Get in touch