Josiah leads DiPerna’s real estate development and public-private partnership (“P3”) financial advisory practice, delivering unique financial solutions for its clients. Since 2012, Josiah has led or assisted in the structuring and closing of over $1 billion in P3 capital. Often monetizing revenue streams through the issuance of revenue bonds, Josiah structures revenue bond offerings to be sold in the Capital Markets without any governmental credit enhancement. Recent accomplishments include serving as structuring agent in raising over $150 million in P3 capital for the master-planned Bridge Park community in Dublin, OH; closing $20 million in tax increment revenue (“TIF”) bonds for the Red Cedar master-planned brownfield redevelopment adjacent to Michigan State University, structuring the sale of TIF bonds utilizing a national municipal bond issuer for a warehousing facility in Aurora, IL, and closing of approximately $100 million in special parking revenue backed bonds for various parking facilities in Cincinnati, OH.
Harnessing DiPerna’s long-history of financial innovation, Josiah has created tailored financial products for some of his clients in response to their development and portfolio challenges. In Cincinnati, Josiah guided the formation of a master parking facility program in which his client will pool its parking facility portfolio into a cross-collateralized, open trust indenture -- allowing the client to issue notes to capitalize the assets on a long-term, low fixed rate basis. Seeking to disrupt the growing C-PACE financing arena, Josiah partnered with a financial institution in creating a C-PACE financing program with distinctive financing terms that are ideal for new construction projects.
Josiah graduated from Ohio Wesleyan University with a Bachelor of Arts degree, concentrated in Finance, Accounting and Economics. He sits on the Randall Residence New Community Authority Board of Trustees and the Ohio Wesleyan University Woltemade Center Advisory Board. He maintains a FINRA issued Series 50 license and is studying to obtain his Chartered Financial Analyst (“CFA”) designation from the globally acclaimed CFA institute.