Peter Cannava

Peter Cannava is a managing director and head of Wells Fargo Multifamily Capital (MFC) and Community Lending and Investment (CLI), the country’s largest multifamily lender for both conventional and affordable developments. MFC specializes in permanent and bridge debt for multifamily assets financed through Fannie Mae and Freddie Mac programs, Federal Housing Administration-insured financing programs, and the Wells Fargo balance sheet. Our CLI business provides construction loans, permanent financing and tax credit investments to support economic development and affordable housing projects in the communities where we live, work and play. Wells Fargo is one of the largest direct tax credit investors and helps to meet the Bank’s CRA goals through the investment and lending test. Peter has more than 24 years of experience on Wall Street as an investment banker raising capital to finance multifamily housing, infrastructure, hospitals, stadiums, and other real estate assets in the capital markets. Peter has held various leadership positions in Wells Fargo within the Corporate and Investment Bank including head of Public Finance and Structured Finance. During that time, Peter helped build a leading municipal finance practice serving as senior underwriter on $15 billion of municipal bonds annually, managing a $40 billion municipal derivative book and $6 billion investor leverage portfolio. Peter had the pleasure of leading some of the most innovative financings in the municipal marketplace that were recognized by the Bond Buyer and Environmental Finance Awards. Peter received a Bachelor of Science degree in finance and computer information systems from the Stern School of Business at New York University. Currently, Peter is a board member for Community Preservation Corporation and the Harvard Joint Center for Housing Studies. He maintains his Series 7, 63, 24, and 53 security license registrations.