Tax Credit Equity and Bond Financing for Mixed-Use Affordable Housing Project

Affordable Housing Developer

Representation of an affordable housing developer in closing the tax credit equity investment and bond financing for The Boulevard at West River Apartments, a 371-unit apartment community comprising three towers in Tampa, Florida. The mixed-use project includes market-rate and affordable housing over ground-floor retail space.

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Terry M. Lovell

Terry M. Lovell

Partner, Head of Affordable Housing and Tax Credit Practice

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 Mi...

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 Related Urban Development Group, a developer of affordable housing, in securing the tax credit equity investment and tax-exempt bond financing  for three phases of Liberty Square Rising, a $300+ million affordable housing redevelopment project in Miami, Florida.