Construction and permanent loan for USDA and LIHTC, multi-family housing
Credit facility for low income housing tax credit supported acquisition rehabilitation transaction involving the United States Department of Agriculture Rural Development financing.
Developers' counsel for $25 million in low-income housing tax credits
Represented multiple housing developers in successful bids for low-income housing tax credits totaling more than $25 million for three multifamily construction projects in metro Birmingham.
Financing of loft apartments utilizing federal HTCs
Preparation and negotiation of partnership, lease and related documents relating to syndication of historic tax credits to a bank investor. Obtained regulatory authorization for equity investment by bank.
Pizitz Building (Birmingham, Alabama) Redevelopment
Advised Bayer Properties and its principals and subsidiaries regarding the formation and capitalization of a group of entities to redevelop the Pizitz Building (Birmingham, Alabama) through a combination of equity, debt, and investments in federal NMTC and federal and Alabama HTCs.
Rehabilitation of Corporate Headquarters
Advised construction lender and federal HTC investor preparation of partnership, loan and lease documents for rehabilitation of commercial office building involving federal and Alabama HTCs and Alabama NMTCs.
Rehabilitation of Commercial Office Building
Advised developer and owner in preparation of partnership and tenant lease documents relating to rehabilitation of commercial office building utilizing federal and Alabama HTCs.
Rehabilitation of Educational Facility
Advised construction lender and federal HTC investor preparation of partnership, loan and lease documents for rehabilitation of commercial office building involving federal and Alabama HTCs and Alabama NMTCs.
Rehabilitation of Historic Theatre
Advised construction lender and federal HTC investor preparation of partnership, loan and lease documents for rehabilitation of commercial office building involving federal and Alabama HTCs.
Rehabilitation of Loft Apartments and Office Building
Advised construction lender and federal HTC investor preparation of partnership, loan and lease documents for rehabilitation of commercial office building involving federal and Alabama HTCs.
Monetization of Alabama HTCs
Advised developers and investors in purchase of Alabama HTCs that included the following projects:
Chapel Ridge of Gardendale, L.P. v. The Zoning Board of Adjustment of the City of Gardendale, Alabama
Appeal from the decision of the Zoning Board denying special use exception for the construction of low income housing tax credit supported apartments.
In re Westland Apartments, Ltd. (C.D. Cal. 1999)
Bankruptcy proceeding related foreclosure on low income housing tax credit supported apartments.
New Markets Tax Credit investment
Representation of a public company investor in a community development entity which, in turn, made a qualifying low income community investment in an operating business.