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Real Estate Finance
We represent lenders, developers, and investors in many different kinds of real estate financing transactions, from conventional mortgage financing, including Federal Home Loan Mortgage Corporation (Freddie Mac) loan programs, and insured mortgage programs such as those sponsored by HUD and the FHA, to industrial revenue and development bonds, public and private syndications, joint ventures, and sale leasebacks.
Our real estate attorneys also have extensive experience in working with real estate joint ventures and syndications. In recent years, for example, we have assisted a client with multiple financings of a major mixed-use retail/entertainment and office development located in suburban Columbus, Ohio. In addition, our lawyers represented the developer of the Union Gospel Press project in Cleveland, Ohio, an urban redevelopment project that included the rehabilitation and adaptive re-use of a 178,000 square foot complex of historic buildings in the Cleveland Tremont Historic District, resulting in the development of 77 luxury, market-rate residential apartments and 26 extended-stay furnished corporate units. That project was financed in part through loans and equity investment resulting from the availability of both New Markets Tax Credits and Historic Tax Credits, and in part through traditional commercial financing.
- Spring 2017