Armand Tiberio

Vice Chair, Affordable Housing, CBRE

Lic. 5317

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Armand Tiberio is Vice Chairman at CBRE Affordable Housing, a specialty group within CBRE, the largest investment real estate brokerage firm in the country. Since beginning his investment brokerage career with Marcus & Millichap in 2000, Armand has overseen the closing of over $17 billion of affordable housing multifamily product nationwide.

Armand was a Founding Partner of the Tax Credit Group of Marcus & Millichap— the country’s leading brokerage team of Section 42 Low Income Housing Tax Credit (LIHTC) properties—before the company merged with CBRE in December 2015. His primary responsibility at CBRE Affordable Housing is overseeing disposition strategies for large investor and developer clients, with emphasis on how to maximize value and protect investor members from tax credit liabilities. Armand has worked closely in assisting the country’s largest institutions (including syndicators, developers, and direct investors) in implementing large scale disposition plans.

With over 20 years of experience in the disposition of LIHTC product, he is a frequent speaker and panelist at industry events hosted by the Institute for Professional and Executive Development (IPED), the National Housing and Rehabilitation Association (NH&RA), and the Affordable Housing Investors Council (AHIC). He also sits on the board for the NH&RA.


  • Pepperdine University, Bachelor of Arts; Business and Finance

Professional Affiliations / Accreditations

  • NH&RA, Board Member

CBRE Affordable Housing

Meet the entire CBRE Affordable Housing team including Leadership, Investment Properties, Debt and Structured Finance and Capital Markets Advisory