Representative Transactions

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  • Closed most of the Low Income Housing Tax Credit transactions in the State of Delaware since 2003.  Also, closed multiple Low Income Housing Tax Credit transactions in Maryland since 2014.
  • Successfully obtained first liquor license in the State of Delaware for a restaurant inside a grocery store following a change in law.
  • Closed the first in Delaware and the United States Interest Rate Reduction (IRR) refinancing by the United States Department of Agriculture, Rural Housing Service.
  • Representing a client with the zoning, approval and financing of a new Marriott hotel.
  • Act as Delaware Trustee for multiple clients.
  • Act as Registered Agent for hundreds of Delaware entities.
  • Issued multiple Freddie Mac and Fannie Mae legal opinion letters for real estate financings during the continuing rebound from the recession.
  • Closed multiple 4% bond transactions in Maryland and Delaware, including, in 2014, the first 4% bond issuance by the Delaware State Housing Authority since 2005.
  • Created and prepared documents for sustainable energy finance programs for a client.
  • Represented a Saudi Arabian client in the acquisition of a majority interest in an international retail company.
  • Closed a $125 Million multi-state real estate financing for an international bank.
  • Successfully obtained first liquor license for a grocery store in the State of Delaware following a change in law.
  • Borrower’s counsel for a $67 million financing for a business park located in New Castle, Delaware.
  • Borrower’s counsel in a successful workout for an affordable housing development in which the investor defaulted, which was the first affordable housing development in Delaware and the United States to receive Federal Stimulus Funds through the ARRA Tax Credit Exchange Program.
  • Closed the Central YMCA, Wilmington, Delaware financing that included funding from banks, foundations, historic tax credits, affordable housing tax credits and the Delaware State Housing Authority.
  • Closed Delaware’s largest multi-family affordable housing transaction while representing the Delaware State Housing Authority that included financing from JPMorgan Chase Bank, affordable housing tax credits and the Delaware State Housing Authority.
  • Closed a Delaware beach resort stock purchase transaction that included real estate, restaurant and liquor license assets and processed the liquor license approvals with the Delaware Alcoholic Beverage Control Commissioner.