Represented a church in the sale and redevelopment of its property (five contiguous tax lots) located in Far Rockaway, Queens, New York to a developer of affordable housing. Negotiated and documented the purchase sale agreement, the development agreement, and all related completion guarantees, payment indemnities, and escrows. From a portion of its sale proceeds, the church funded the church unit vanilla box built by the developer and the interior build-out of its unit. The developer conveyed a 10,000-square-foot condominium unit to the church at permanent conversion.  The church condominium unit is comprised of a sanctuary, worship space, and office space.

Represented numerous churches in acquisitions, dispositions, mergers, joint ventures, financing, development transactions, and New York State Attorney General approvals.

Represented a developer in the development of a 189-unit mixed-use project with affordable housing, a parking garage, and retail space in the Bronx. The development cost is $80 million. Successfully closed the land acquisition, construction financing, and the equity funding. The parking garage will be built to the seller’s specifications and returned to the seller at permanent conversion pursuant to a development agreement and a condominium regime. Construction sources included tax-exempt bonds from HDC (credit enhanced by a letter of credit) and subsidy from HDC and HPD. The equity was raised through a LIHTC investor.

Represented a borrower/developer and in closing the acquisition loan, bridge loan for development, and  construction financing for a 76-unit mixed-use project with affordable housing, FRESH supermarket, and retail space in Harlem. Financing sources included tax-exempt bonds, LIHTC, and subsidy.

Represented a borrower/developer in the development and construction financing of a 57-unit mixed-use project with affordable housing, a FRESH supermarket, and community space in Harlem. Financing sources included tax-exempt bonds and subsidy.

Represented a not-for-profit housing developer in the financing of its 80-unit project in Jacksonville, Florida, using a combination of low-income housing tax credits, zero-interest loans, and low-interest loans. Forty units will be rented to homeless families and 40 units will be rented to individuals with a disabling condition. This project was financed by an $8 million JPMorgan Chase Bank construction loan, a $2.8 million State Apartment Incentive Loan (SAIL) loan, a $1.4 million National Housing Trust Fund (NHTF) loan, and use of a $17.8 million allocation of nine percent low income housing tax credits. These tax credits were used to raise $16.2 million in equity for the project.

Represented a developer in the application, negotiation, and closing of its $945,454 subordinate HOME loan for its new project known in the downtown area of the City of Yonkers. The project will be a transformative project for the City of Yonkers, featuring three phases comprising 438 rental housing units, 39,000 square feet of ground-floor retail and restaurant space, and 528 parking spaces.

Represented EverBank in connection with Arc Village, located in Jacksonville, Florida, a 122-unit new-construction affordable project for the disabled with supportive services. Everbank provided an 18-month construction loan and purchased the 9 percent LIHTC from Raymond James, the tax credit syndicator. The State of Florida was the ground lessor for the project property. The Florida Housing Finance Corporation provided construction and permanent financing through the SAIL and ELI programs, as well as a grant.

Represented a lender in a $106 million construction loan for the construction of a hotel and resort containing 250 rooms, conference and meeting facilities, restaurants, a spa, fitness center, and outdoor pool in Arizona.

Represented a borrower in a $23 million construction loan from a lender in connection with a mixed-use condominium project located in Battery Park City. The transaction involved mezzanine financing, ground lease issues, intercreditor issues, and negotiations with the borrower's joint venture partner.

Represented an owner in its negotiations with a hotel operator to execute a Hotel Management Agreement and a Technical Services Agreement for the construction of a boutique hotel located in Lower Manhattan.

Represented a borrower in an $18.5 million Fannie Mae mortgage refinancing under the Fannie Mae Seniors Housing Program of a $10.9 million mortgage loan made by GE Capital for a 149-unit senior housing assisted living facility consisting of 130 assisted living units and 19 Alzheimer's/memory care units located in New Jersey.

Represented a lender in the syndication of a $370 million construction loan secured by a condominium property regime that includes for-sale residential condominium units and fractional ownership units located in Hawaii. The original note was split into six separate notes and three of the notes were assigned to additional lenders while the original lender held the balance of the notes.

Represented a governmental agency in its sale of certain land and transferable development rights for the development of a 167-unit moderate- and affordable-housing development, involving construction and permanent financing from various City of New York agencies and the retention by the agency of a 99-year exclusive easement to a parking garage.

Represented an owner in its negotiations with a hotel operator to execute a Hotel Management Agreement and a Technical Services Agreement for the construction of a boutique hotel located in lower Manhattan.

Represented a prominent hotel developer in the negotiation and assignment of a purchase sale agreement for a 78-key Comfort Inn located at 305 West 39th Street, New York, New York.