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Prior to founding the Firm, some of our partners gained significant experience structuring, negotiating, documenting and consummating business and real estate transactions. In the real estate field, their work has included many types of transactions (acquisitions, ground leases, leases, and condominium conversions) for many types of properties involving various financings (conventional, construction loans, bridge loans, tax-exempt bonds, federally insured loans, state agency loans, loans from municipalities and tax increment financing). Specifically, our attorneys have represented developers, lenders, servicers, and housing authorities, which include the following: (1) represented a borrower/developer who purchased nursing homes financed by a mortgage insured by FHA under Section 232 of the National Housing Act of 1937; (2) represented a borrower/developer who purchased several multifamily housing developments that were financed by bond proceeds issued by a conduit issuer secured by Section 8 contracts, assignments of rents and note/mortgage; (3) represented a housing authority which served as a lender to a limited partnership where lender lent HOPE VI grant funds to a limited partnership for the purpose of building and rehabbing multifamily housing units for low income residents; and (4) served as bond counsel to a housing authority that issued bonds secured by a mortgage where such proceeds were used to purchase a multifamily development.
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