News
UB Greensfelder Attorneys Recognized in The Best Lawyers in America® 2026 List
August 21, 2025
- Representation of a low income housing developer in the substantial rehabilitation of two low income apartment properties with combined sources of funds totaling approximately $68 million and utilizing short term tax exempt housing bonds cash collateralized with HUD 221(d)(4) loans, along with 4% LIHTC, a LIHTC bridge loan, and a Ginnie Mae MBS.
- Representation of a nursing home operator and real estate owner in the simultaneous closing of a three-property site utilizing HUD 232 financing, accounts receivable financing, and mezzanine financing.
- Representation of a developer in a $30 million historic rehabilitation of a former industrial site to multifamily housing utilizing federal and state historic tax credits, port authority financing, construction financing and bridge financing.
- Representation of educational institution in the $56 million historic renovation for the adaptive reuse of campus building utilizing federal and state historic tax credits and publicly issued higher education facilities taxable revenue notes.
- Representation of a client in the acquisition of two separate office buildings, each utilizing CMBS acquisition financing totaling $52.5 million in the aggregate.
- Representation of a developer in a $22 million historic rehabilitation of a former industrial site to multifamily housing utilizing federal and state historic tax credits, a HUD 221(d) loan, bridge loan, and subordinate government debt.
- Regularly serve as local counsel for real estate and financing transactions involving Ohio borrowers, guarantors and/or real estate, including drafting of Ohio legal opinions in favor of lenders and/or tax credit equity investors.
- Represented a private equity fund in obtaining more than $36 million of taxable mortgage revenue bonds. This purchase was part of more than $101 million of conduit financing funded through bonds issued by the Cleveland-Cuyahoga County Port Authority to fund new construction in Westlake, Ohio.
- Representation of lenders in the negotiation, drafting, and modification of loan facilities for a wide variety of commercial loans, asset-based loans, and mortgage loans.
- Representation of lenders in commercial, asset-based, and real estate loan workouts and restructurings, including negotiation and documentation of forbearance and loan restructuring agreements, loan sale agreements, and deed-in-lieu of foreclosure arrangements.
- Representation of skilled nursing and assisted living facility owners and operators in negotiation and completion of acquisition financing for long-term care facilities.
- Representation of buyers and sellers in the acquisition and sale of commercial real estate properties, including office, industrial, and apartment complexes.
- Knowledgeable in Fannie Mae Guidelines and requirements for multifamily property lending, including representation of Fannie Mae DUS lenders in the documentation and closing of Fannie Mae multifamily loans.
- Experience in the HUD “transfer of physical assets” or TPA process.
- Experienced in New Market Tax Credit and Historic Tax Credit “unwind” transactions after completion of the relevant compliance period.
