Real Estate Development and Finance
| The firm's real estate development and finance practice is nationally
recognized for its representation of both lenders and developers in
complex real estate financings, forward loan commitments, lines of
credit, letters of credit, low-income housing tax credit transactions
and mortgage backed bond credit enhancement transactions. The firm is a
recognized leader in the representation of lenders providing
conventional financing and letter of credit enhanced financing for low-
and moderate-income housing and related community development
transactions. The firm's long-standing relationships with State and
local housing agencies (e.g., New York State Housing Finance Agency,
State of New York Mortgage Agency, New York State Division of Housing
and Community Renewal, New York State Housing Trust Fund, New York City
Housing Development Corporation, and New York City Department of
Housing Preservation and Development) enable the firm to effectively
represent its clients in a wide variety of transactions. With nearly
twenty years experience in the area of real estate development and
finance, the firm's attorneys have an appreciation for the differing
interests of all parties to a transaction and the ability to negotiate
resolution of issues which might otherwise impede or prevent a closing.
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