Cases
Experience: Representative Matters: Qualified Opportunity Zone Funds
4 Multi-asset Qualified Opportunity Zone Funds of $500,000,000 - $1,000,000,000
12 Multi-asset Qualified Opportunity Zone Funds of $100,000,000 to $500,000,000
6 Single Qualified Opportunity Zone Funds of $20,000,000 to $100,000,00
At least 12 Captive O-Funds
Qualified Opportunity Zones: Representation for the largest Qualified Opportunity Zone Fund mergers in the program's nascent history. The mergers consolidated more than 20 funds representing the largest consolidated Qualified Opportunity Fund in the market. The consolidated Funds hold more than $939 million of invested capital.
Closed on the formation of a new qualified opportunity fund for a Wisconsin-based family office investor.
Representation of a real estate developer in connection with the formation of a qualified opportunity fund
qualified opportunity zone business to redevelop a full city block in Brooklyn, including commercial
residential spaces.
Representation of a private investment fund in its $2.2 million investment into a qualified opportunity zone business joint venture for a Miami real estate development with a project budget of $100 million.
Representation of a real estate investment group in structuring a $19.6 million qualified opportunity zone business joint venture for a Huntsville, Alabama development project.
Representation of a real estate investment fund for the formation
support of a 355-unit multifamily qualified opportunity zone project adjacent to a major sports facility in Goodyear, Arizona.
Representation of a qualified opportunity fund in its investments totaling approximately $79 million across joint ventures for multifamily real estate developments in Tucson, Arizona
New Brunswick, New Jersey.
Representation of a qualified opportunity fund in its $28 million investment in a multifamily real estate development joint venture in New Brunswick, New Jersey with a total project budget of $180 million.
Representation of a qualified opportunity fund in its $20 million investment in a multifamily real estate development joint venture in New Brunswick, New Jersey with a total project budget of $74 million.
Representation of a qualified opportunity fund in the closing of a qualified opportunity zone business joint venture for an $85 million real estate development in the Southeast US.
Representation of a real estate developer in the liquidation
reinvestment of capital among multiple qualified opportunity zone business projects.
Representation of a multifamily developer in closing a $20 million investment for a Miami, Florida apartment community project.
Representation of a multifamily real estate developer in the acquisition
development of a $112 million apartment complex in the Arts District of Las Vegas, including negotiation of a joint venture
$58.3 million construction financing.
Representation of a qualified opportunity fund
qualified opportunity zone business for a $30 million investment in a multifamily development joint venture in San Diego, California with a total project budget of $87 million.
Formation
offering of a $6.4 million qualified opportunity fund to invest in a residential real estate development in Austin, Texas.
Representation of an opportunity zone investor
affiliate in the redemption of minority interests in a qualified opportunity fund
qualified opportunity zone business for a $4.5 million self-storage facility in North Carolina.
Representation of a sports-focused opportunity zone fund in the documentation of Series A
Series B offerings totaling up to $26 million to fund the construction of a soccer stadium
development of a professional soccer team in Pawtucket, Rhode Isl
.
Representation of a sports facility operator in a joint venture to develop USL soccer stadiums
ancillary facilities nationwide using an opportunity zone fund.
Representation of a firm focused on workforce housing in the Southeastern US for operating documents of a $60 million qualified opportunity fund offering.
Representation of a fully integrated real estate development firm in a $17.85 million apartment community development in Augusta, Georgia as a qualified opportunity zone business.
Representation of a fully integrated real estate development firm in a $58.1 million 300-unit multifamily rental community project in Panama City, Florida as a qualified opportunity zone business.
Representation of a real estate development firm in the formation of a new qualified opportunity zone business for a $45 million residential real estate project in Augusta, Georgia.
Representation of a real estate development firm in the formation of a new qualified opportunity zone business for a residential real estate project in Hardeeville, South Carolina.
Representation for a $90 million qualified opportunity fund in the formation
deployment of capital into six captive qualified opportunity zone businesses in South Florida.
Representation of a logistics company in the acquisition of Chicago area real estate located in a qualified opportunity zone for $33.4 million using a newly formed fund
business structure.
Representation of two qualified opportunity funds in their aggregate $1.25 million initial investment in a Tallahassee real estate joint venture with a $186 million project budget.
Representation of a real estate-focused qualified opportunity fund in its formation
$25 million securities offering.
Representation of a qualified opportunity fund's $7.6 million co-investment in a student housing joint venture in Gainesville, Florida.
Representation of a qualified opportunity fund in its $7 million investment in a multifamily development joint venture in Los Angeles, California with a $33 million project budget.
Representation of a real estate investment fund in its $15 million opportunity zone investment in a mixed-use real estate project in Salt Lake City, Utah.
Representation of a New York-based real estate fund manager in the closing of a managed $30 million single asset investment fund structured as a qualified opportunity fund.
Representation of a New York-based real estate fund manager in the closing of a real estate joint venture structured as a qualified opportunity zone business in Charlotte, North Carolina with a $103 million development budget.
Representation of a New York-based real estate fund manager in the closing of a managed $11.5 million investment fund structured as a qualified opportunity fund.
Representation of an investment group in the acquisition of a student housing complex under development in a Tallahassee qualified opportunity zone for $135.5 million.
Representation of a vertically integrated multifamily real estate developer for the development of an $89.5 million mixed-use project in Tampa Heights, including residential, retail,
parking spaces.
Representation of a real estate investment group in its $2.76 million investment in a Miami Design District development, structured as a qualified opportunity zone business.
Representation of the sponsor of a qualified opportunity zone business joint venture in Los Angeles for its formation
a $7 million securities offering.
Representation of a multifamily real estate investment firm for a new $8 million preferred equity offering in a qualified opportunity fund for a New Jersey project.
Representation of the entity responsible for the formation
development of Tampa's new USL Super League women's soccer team, structured as a qualified opportunity zone business.
New Markets Tax Credits: Representation for a $10 million New Markets Tax Credit transaction for the acquisition, development, construction,
outfitting of a 34,000 square foot job training center
adjacent donated goods retail store in Atlanta, Georgia.
Representation for $73 million New Markets Tax Credit financing structure for the National Urban League's new empowerment center (offices, museum,
177 affordable housing units) comprised of $12.9 million New Markets Tax Credits transaction, $22.5 million of municipal bond financing, $34.7 million of Low-Income Housing Tax Credits (LIHTC),
$3 million from the Federal Housing Trust Fund to spur investment in a distressed urban area in New York City.
Representation of a Purpose-Built Community organization, in its multiple-project New Markets Tax Credits strategy for early child learning
community healthcare outreach.
Representation of a financial institution in a New Markets Tax Credits transaction with a national nonprofit for children in a New Markets Tax Credits transaction for a new facility in Houston in a $6.5 million transaction.
Representation of a national nonprofit in a $5 million New Markets Tax Credits transaction supporting the capital campaign to build an 18,234 sf state-of-the-art educational facility that exp
s financial education to students.
Representation of a not-for-profit organization that is a sports based youth development organization focusing on promoting sports intentionally infused with life skills
academics
primarily targeting minority children in the greater Tampa Bay area, the sponsor in a $20 million New Market Tax Credits transaction, which will support the development of a new charity headquarters for the organization
academic
sports programming facility.
Representation of a not-for-profit organization that focuses on providing a healthy thriving, sustainable, food system in the greater Orl
o area, the Sponsor in a $16.75 million New Market Tax Credit transaction, which will support the development of a food education
discovery center.
Representation of a youth development
community organization, in a $9.8 million New Markets Tax Credits unwind transaction.
Representation of a chain of convenience stores
gas stations, in a $10.8 million New Markets Tax Credits transaction for the development
operation of a new retail gas station
convenience store.
Representation of a nonprofit healthcare provider in the unwind of a $5.94 million New Markets Tax Credit transaction.
Representation of a Nebraska-based manufacturing company in the unwind of a $16.5 million New Markets Tax Credit investment structure involving both federal
state credits.
Representation of a Florida municipality in the unwind of a $16 million New Markets Tax Credit investment structure for public infrastructure development.
Representation of a nonprofit community development organization in its affordable housing project involving a $6 million New Markets Tax Credits allocation.
Representation of a marine services corporation in the unwind of an $8.1 million New Markets Tax Credit transaction.
Representation of a global data center infrastructure provider in the refinancing of a $25 million loan as part of a New Markets Tax Credits transaction structure.
Representation of a leading snack food manufacturer in a $24 million New Markets Tax Credit transaction.
Representation of a community hospital in Chipley, Florida in closing a $9 million New Markets Tax Credit transaction to fund an ambulatory surgical center development.
Representation of an asset management company in the acquisition of three source loans totaling $18 million, integrated into New Markets Tax Credits structures.
Representation of a Puerto Rico hospital in the unwind of a $16 million New Markets Tax Credit investment structure.
Representation of a convenience store chain in the unwind of a $38 million New Markets Tax Credit investment structure.
Represented a direct
leveraged lender in the unwind of a $19 million New Markets Tax Credit transaction.
New Markets Tax Credits transaction for a non-profit's a new $6.5 million facility.
New Markets Tax Credits transaction to support the capital campaign to build a non-profit's new educational facility.
Representation of a municipality for in a $16 million New Markets Tax Credits transaction for the development of a multi-modal facility supporting revitalization.
Representation of marine service contractor in a $8.25 million New Markets Tax Credits transaction for business
workforce expansion.
Representation of a food processor in a $13.3 million New Markets Tax Credits transaction for a Clean Energy Plant investment. A second phase $13.5 million New Markets Tax Credits transaction exp
ed the clean energy plant.
Representation of food processor in a $4.85 million New Markets Tax Credits transaction for a Clean Energy Plant improvement
Representation of a real estate developer for a $20 million New Markets Tax Credits transaction for a redevelopment project of a mixed-use facility which includes 16 walk-up vendors, two restaurants, a rooftop bar, event space,
theater in an economically challenged area
Representation of real estate developer in connection with a $19 million New Markets Tax Credits transaction to develop
construct an adaptive reuse of a historic building in a low-income community.
Representation of a laboratory in a $34 million New Markets Tax Credits transaction for the development
equipping of its new pharmaceutical manufacturing plant in Puerto Rico.
Representation of an agricultural
heavy-duty equipment manufacturer in Nebraska in a $10.7M New Markets Tax Credits transaction.
Representation of a $15.3 million New Markets Tax Credits deal to construct, rehabilitate,
install various projects in a hospital.
Other Tax Incentives: Representation for what is planned to be the development of the world's largest carbon capture
storage project. This approximately $4 billion project will link dozens of carbon dioxide emission sources, primarily biorefineries from across the Midwestern United States to permanent geologic storage sites. This project will include carbon capture operations, CO 2 pipelines extending over 2,000 miles, the largest pipeline project in the U.S. in over 50 years,
permanent geological sequestration.
Representation of a financial institution in a solar investment tax credit transaction
Tax opinion counsel for affordable housing project development
Tax credit investment counsel for an insurance company
Representation of an independent energy producer for cross-border tax issues
qualification for energy tax credits in support of the design, development,
operation of a $95 million utilities services facility serving a $500+ million recycling
purification plant in Georgia.
Representation of a New Jersey-based real estate developer in its $94.5 million purchase
historic rehabilitation of a luxury hotel in Manhattan, generating federal historic tax credits.
Representation of a real estate developer in closing a federal historic tax credit transaction involving $5.9 million historic tax credits for the rehabilitation of a historic hotel in Raleigh, North Carolina.
Representation of a tax credit fund's $19.1 million equity investment in a $22 million low-income housing tax credit transaction for the development
operation of four residential apartment complexes in Fort Myers, Florida.
Representation of a Texas design media br
with the structuring
financing of a hotel
resort development project with an HTC component in an Opportunity Zone in Waco, TX with an estimated budget of at least $35M based on loan commitments.
Representation of a bank in its acquisition of $20M of production tax credits.
Representation of a developer on a LIHTC transaction in Miami, FL involving master covenants
bond financing.
Representation of a banking institution's $20 million investment in a syndicated $200 million Low-Income Housing Tax Credit Fund.
Representation of a banking institution's $25 million investment in a syndicated $235 million Low-Income Housing Tax Credit Fund.
Representation of a banking institution's $10 million investment in a syndicated $180 million Low-Income Housing Tax Credit Fund.
