Matters
- Buffalo Ridge Apartments – 244-unit LIHTC and 63-20 Corp. affordable rental housing project in Avon, Colorado. Represented the developer in land acquisition for the project from master developer, structuring and closing of equity investor’s investment in tax credit partnership (utilizing 4% LIHTCs and private activity bonds), drafting, negotiation and closing of HUD 221(d)(4) construction and permanent financing for the projects, worked on various development matters, and obtained exemption from sales tax levied on construction materials that saved the project $250,000.00.
- Valley Brook Housing project, Breckenridge, Colorado – Represented developer in the development, construction and financing of a 60-unit for-sale deed restricted affordable condominium project located in Breckenridge, Colorado, which was ultimately completed by the Town of Breckenridge and the Summit Combined Housing Authority. Work included the drafting and negotiation of a development agreement between the developer and the Town of Breckenridge, condominium declaration and associated HOA documents, construction and design contracts, deed restriction, land acquisition agreement and qualification of the project for FHA multifamily unit mortgage financing.
- St. Michael Veterans Apartments – First phase of a mixed-use project, which is being developed as a 58-unit affordable housing for homeless veterans in Missouri. The development financing includes Federal and Missouri LIHTC, a loan of HOME Investment Partnership Act funds, and subordinate cash flow debt, as well as Section 8 project-based vouchers.
- Huntington Park, California – Represented developer in connection with $11 million development, financing, rehabilitation, and construction of a 36-unit affordable housing project and two community recreation/office buildings utilizing federal 9% and state tax credit equity, AHP funds, and traditional bank financing.
- Affordable Housing in Jackson, Mississippi – Represented syndicator and co-developer in connection with $12 million rehabilitation of 72-unit affordable housing development financed with state and federal tax credit equity, 1602 Exchange funds, and traditional bank financing.
- Affordable Housing, Kansas City, Missouri – Represented syndicator and co-developer in connection with $17 million rehabilitation of 140-unit affordable housing development financed with federal tax credit equity, 1602 Exchange funds, and traditional bank financing.
- Chaffee Park and Shoshone Senior Residences in Denver, Colorado – Represented developer in 9% LIHTC transaction, including negotiation of investor pledge of funds, construction loan, permanent loan, soft development loans, bridge loans and real estate development. Two phase senior affordable housing project with 96 combined units.
- East Animas Village Apartments in Denver, Colorado – Represented developer on the real estate work related to subdivision and entitlements required for site control in connection with construction of 50-unit affordable rental property.
- The Pointe – A mixed-use affordable for-sale, office, retail and LIHTC rental housing development located in the historic Five Points neighborhood in Denver, Colorado. Long-standing representation of the nonprofit developer of this mixed-use LIHTC project, including defense of construction defect claims, and on-going leasing and financing matters associated with this project.
