Trending Issues

Opportunity Zones

Representative Matters

State Street Bank and Trust Company Upper-Tier Investments

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.

Opportunity Fund $250M Line of Credit

Representation of an opportunity fund in a $250M line of credit secured by partnership interests.

US Opportunity Fund Joint Venture with Israeli Private Equity Fund

Representation of US opportunity fund in joint venture with Israeli private equity fund to acquire and restructure multifamily portfolio out of bankruptcy.

Major Lender in a Condominium Construction Loan

Representation of a major lender in a condominium construction loan workout and restructuring of lines of credit to an opportunity fund secured by pledges of interests in real estate investment entities.

Real Estate Developers Acquiring Properties in Opportunity Zones

Representation of real estate developers acquiring properties in opportunity zones in connection with the formation of entities structured as a qualified opportunity zone funds.