After completing his B.A. in Economics and Law Degrees from the University of Wisconsin at Madison, Mr. Gorman began his career as a practicing attorney focusing on representation of developers and real estate syndicators. In 1984 Mr. Gorman formed Gorman & Company for the purpose of developing and syndicating multifamily real estate projects. After the passage of the Tax Reform Act of 1986, Mr. Gorman specialized in the development of affordable multifamily rental communities utilizing the tax credit created by Section 42 of the 1986 Tax Reform Act.
Gorman & Company is now a major developer of affordable rental housing as well as historic renovations. The firm has offices in Wisconsin, Illinois, Arizona, Colorado, and Florida. Gorman & Company has in-house design, construction, and development divisions that have successfully completed over $1 billion new construction and major renovations. Its affiliated property management firm manages and oversees over 6,000 units.
Mr. Gorman serves as a board member for Northern Bankshares, Inc. (holding company for McFarland State Bank). Mr. Gorman previously served as a member of the Steering Committee for the Housing Credit Group of National Association of Homebuilders (NAHB), the Advisory Board for the Federal Home Loan Bank of Chicago, the Board of Directors for Catholic Charities, Madison Area Apartment Association, Credit Bureau of Madison, and the South Madison Community Development Corporation.
Education:
1977 – B.A., Economics, University of Wisconsin-Madison
1980 – Juris Doctorate, University of Wisconsin-Madison Law School