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.

Jennifer E. Fine
Terry M. Lovell
Partner, Head of Affordable Housing and Tax Credit Practice
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...
Analyzed cleanup strategies in order to resolve soil and contamination issues on homebuilder client’s property in Broward County, Florida. Negotiation with the Broward County Environmental Protection Division to obtain a restrictive covenant to allow for residential development on the property.
Representation of real estate investment company in connection with the environmental investigation and remediation plan for a five acre residential community and golf course. Successfully determined scope of assessment and provided recommendations for final remediation plan while representing clien...