Kristin’s practice focuses on assisting lenders, borrowers, and developers in financing matters. Kristin represents clients in all facets of commercial real estate and commercial lending, including traditional mortgage lending, HUD-insured mortgage lending transactions, Fannie Mae Multifamily, and asset-based and cash flow credit facilities. She also represents developers in transactions utilizing New Markets Tax Credit, Low Income Tax Credit and/or Historic Tax Credit transactions. Kristin also counsels clients on general real estate matters as well matters involving loan workouts and restructurings. Kristin has been named an Ohio Super Lawyers Rising Star.

thFQN0S1DOCombining HUD-insured multifamily construction financing (like Section 221(d)(4) loans) with historic tax credits (“HTC”) can seem like an impossible feat given their respective mazes of rules and requirements. Notwithstanding, each are valuable sources of capital for developing multifamily projects, and, if you can manage through those mazes, HUD financing and HTCs can be successfully combined.

Boose_039C3523_background_RGBI recently returned from Novogradac’s 2015 Historic Tax Credit Conference held last week in San Antonio, Texas. This national conference draws a wide range of professionals, investors, and developers who share a love of historic properties and work in the historic tax credit space. While a wide range of topics were discussed, the “hot topic”

Nonrecourse loans are popular among commercial real estate owners because the Lender agrees only to seek recourse against the real estate and other collateral securing the loan in a default or loss situation. Unless the loss is caused by a “bad boy act”, the borrower and/or principal will not be held personally liable. Bad boy

In contrast to the recent position taken by the Congressional Oversight Panel in their February 10, 2010 report mentioned in Part 1 of this series, there are economists, businesspeople and policymakers who have a less bleak forecast for the commercial real estate (“CRE”) loan market. One such example of this “non-crisis” position was presented in

The commercial real estate (“CRE”) loan market is floundering and is expected to increasingly experience high levels of losses over the next several years. The question on interested minds is whether the fall-out from CRE loan failures will mimic the devastation caused by the crisis in the residential mortgage loan market. Recently, the Congressional Oversight

 

 “I have some prime swampland in Florida to sell you” is a slang expression used to poke fun at the gullibility of a person. This saying is based on events of the 1960s and 1970s where local scammers would attempt to induce out of state purchasers to acquire “lucrative” land which, in reality,