11000 Broken Land Parkway, Suite 700
Columbia, MD 21044
Shekar Narasimhan is the managing partner at Beekman Advisors which provides strategic advisory services to companies and investors involved in real estate, mortgage finance, affordable housing and related sectors. He also serves as chairman of Papillon Capital, focused on sustainable infrastructure investing. Prior to Beekman Advisors, Shekar was a managing director of Prudential Mortgage Capital Company, one of the nation's leading providers of commercial mortgage financing. Immediately prior to Shekar’s time at Prudential, he was chairman & CEO of the WMF Group, a publicly traded, commercial mortgage financial services company. WMF was one of the largest firms in the country before being acquired by Prudential in 2000.
Shekar is currently chairman of the Virginia Housing Development Authority after being appointed as a commissioner by the Governor of Virginia in 2018. Shekar also serves on the boards of Broadstone Net Lease, Inc., Enterprise Community Investment, Inc., and the Democracy Alliance. He is a senior Industry Fellow at the Joint Center for Housing Studies at Harvard University, is on the Economic Advisory Council for the Center for American Progress and a member of the Urban Institute’s Policy Leadership Council. He served as a commissioner on President Obama’s Advisory Commission on Asian Americans and Pacific Islanders. He is a sought-after speaker on housing finance and affordable housing and is considered a leading expert on rental housing issues in the United States.
Shekar has served several terms on the Mortgage Bankers Association of America (MBA) Board of Directors, was the first chair of the MBA’s Commercial/Multifamily Board of Governors and founded its Multifamily Steering Committee. He was elected as the first Chair of the Fannie Mae DUS Advisory Committee.
Shekar has received numerous awards and recognition in the real estate industry including the MBA’s highest honor in 1999 and the Fannie Mae Lifetime Achievement Award in 2003. In 2010, he was the recipient of the Dean H.J. Zoffer Distinguished Service Medal from the University of Pittsburgh. Shekar holds a bachelor’s in Chemical Engineering from the Indian Institute of Technology, New Delhi, India and an MBA from the Katz Graduate School of Business, University of Pittsburgh, Pennsylvania. He has earned the designation of Certified Mortgage Banker (CMB).