Tax-Exempt Bond Financing and Tax Credit Equity for Affordable Family Housing

Related Urban Development Group

Representation of Related Urban Development Group in securing the tax-exempt bond financing and tax credit equity investment for a joint venture project with the Tampa Housing Authority, an affordable housing project for families in the West River neighborhood of Tampa, Florida. The project will include construction of 134 one-bedroom, two-bedroom, three-bedroom, and four-bedroom apartments.

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...
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...