Multifamily

Representation of a privately owned real estate investment and development company with respect to the senior and mezzanine refinancing of a mixed-use building near New York City’s Gramercy Park.

Representation of CrossHarbor Capital Partners in its preferred equity joint venture investment with a prominent national homebuilder for the development of a luxury, multifamily rental community in Stamford, Connecticut.

Representation of a multifamily asset owner in the disposition of multiple multifamily properties in Philadelphia, PA.

Representation of State Street Bank and Trust Company in upper-tier investments in a low-income housing tax credit funds and related affordable housing opportunity funds. We negotiated the fund level documents and conduct tax and real estate due diligence on the fund’s tax credit investments in low-income housing tax credit projects around the country.

Representation of Hunt Companies, Inc. with the acquisition, management and operation of a national military housing portfolio, including merger and acquisition work with respect to vertically integrated lines of business and the acquisition of approximately 15,000 privatized housing units in Hawaii, Illinois, Indiana, Mississippi, Tennessee, South Carolina and Washington state.

National counsel to AvalonBay, a first-tier multifamily REIT, in connection with all aspects of large-scale development transactions in multiple jurisdictions across the country, including acquisitions, permitting, litigation and environmental. A few examples of our recent representation include development projects such as:  Avalon North Station, AVA Theater District and the Exeter Apartments at Prudential Center (all in Boston, Massachusetts); the Public Market in Emeryville, California; numerous development projects in the Greater Washington, D.C. area, including in the District itself, Northern Virginia and Maryland; AVA North Point in Cambridge; and numerous suburban Massachusetts projects, including projects such as the Hingham Shipyard; Meadow Walk in Sudbury, Massachusetts; acquisition of the iconic former Hilltop Steakhouse (Saugus, MA); and acquisition and disposition of dozens of assets across the country, including Halstead Square and Market Common Clarendon in Virginia. We are also environmental counsel to AvalonBay in connection with development, acquisitions and dispositions (including environmental due diligence for acquisition), advice concerning regulatory compliance for assets slated for disposition, and in connection with development of Brownfields sites, and other complex environmental issues.

Representation of the developer of a retail podium and multifamily tower to be built over the Massachusetts Turnpike in Boston, including land use, zoning, permitting and air rights matters.

Representation of the New York City Economic Development Corporation in connection with the redevelopment of the Seward Park Urban Renewal Area, encompassing nine sites on the lower east side of Manhattan. The project was structured to accomplish a number of public goals, including the development of 1,000 new residences (half market rate and half affordable) and the relocation of the Essex Street Market, an iconic public market.  The project also includes 450,000 square feet of retail, 400,000 square feet of office space, community attractions, and green spaces.  Our work required a public RFP process and negotiation with multiple bidders, purchase and sale agreements, condominium documents, and innovative restrictive covenants.

National US counsel to Tricon Residential, a Canadian public equity, based in Toronto with offices in California, in connection with all aspects of acquisitions, dispositions, financings, joint ventures and tax and other cross border structuring related to all of its residential lines of business, including land and homebuilding, single-family rental homes, manufactured housing communities, multi-family development projects, master planned communities and securitized financings.

Representation of Greystar Real Estate Partners in connection with numerous large-scale development projects on the East Coast and mid-Atlantic regions, including acquisitions, financing, construction, and entitlement work.  Representative projects include Elan Union Market in Watertown, MA (a 282-unit multifamily residential and mixed-use development with more than 11,000 square feet of residential amenity space and structured parking for 420 cars), and development of the cutting edge 35 story luxury Adaire tower in Tysons Corner, VA.