Liberty Square Phase Four Affordable Housing Financing
Related Urban Development Group
Representation of Related Urban Development Group in the negotiation and closing of $32 million in Federal Low-Income Housing Tax Credits from Wells Fargo, and in negotiating the issuance by the Florida Housing Finance Corporation of $42.5 million in Tax-Exempt Bonds, as part of the Liberty Square Rising affordable housing project in Miami, Florida of which this phase contains 193 new affordable housing units.
Related Practices
RELATED PEOPLE
Associate
Partner, Head of Affordable Housing and Tax Credit Practice
MORE EXPERIENCE
Handled the sale of over 2,000 REOs, with aggregate purchase prices in the billions of dollars, through both the negotiation and closing of individual sales and the structuring and sale by auction of multiple properties. The largest was approximately $216 million, which was the sale of a major hotel...
Representation of Oleta Partners, LLC, a joint venture comprised of affiliates of the LeFrak Organization and Turnberry Associates, in the successful negotiation of the long-term ground lease and complicated leasehold financing for a 185-acre brownfields redevelopment site in the City of North Miami...
Representation of the Official Committee of Unsecured Creditors in the chapter 11 case of Poinciana Development, a developer of more than 500 single family homes in Southwest Miami-Dade County, Florida, who ran out of construction financing and was unable complete the development of the last 34 home...