Tax Credit Equity and Tax-Exempt Bond Financing for Senior Housing in Tampa

Affordable Housing Developer

Representation of an affordable housing developer in securing the tax credit equity investment and tax-exempt bond financing for Bethune Residences I at West River, a 160-unit community for senior citizens aged 62 years and up, in Tampa, Florida.

RELATED PEOPLE
Terry M. Lovell
Partner, Head of Affordable Housing and Tax Credit Practice
MORE EXPERIENCE
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...
Experience
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...
Experience
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...
VIEW MORE EXPERIENCE