Banking & Financial Services

Represented a national bank in connection with a construction loan for a nine-percent low-income housing tax credit transaction for an affordable housing project located in Dayton, Ohio. The project involved historic tax credits, a port authority lease structure, a complicated condominium structure, tax credit equity and additional governmental financing.

Represented a lender in connection with a low-income housing tax credit construction for an affordable housing project in Cincinnati, Ohio.

Represented a lender in connection with financing a low-income housing tax credit project in Michigan. 

Represented a lender in regard to financing a $38 million low-income housing tax credit project in Washington D.C. 

Represented a lender in connection with a $31 million construction financing for the development of a multinational hotel franchise, which included the incorporation of PACE assessment in the capital structure.

Represented a lender in the $7 million refinance of debt on existing supermarket development.

Represented a lender in an asset-backed revolving warehouse loan, refinancing and consolidating multiple lines of credit and term loans into a more manageable portfolio.

Represented a privately held borrower in the FinTech space to recapitalize the company, which included amending and restructuring its $40 million corporate credit facility, its $250 million warehouse facility, and multiple warrants for various classes of both common and preferred equity.  In connection with the recapitalization, the firm also restructured the employee equity plan. The lender was a New York-based private equity firm.

Coordinated the first loan transaction for a southeast Ohio-based business incubator/loan fund, which provided resources to a food manufacturer of gluten and allergen-free products. This was an important milestone for both the lender and the borrower, which will become a productive employer of local Ohioans. Likewise, the facility will likely be a key player in business development for this region of the state.  

Represented a bank in a hotel loan deal in which it was extremely important to the bank's customer, the borrower, to close the deal in less than 30 days. As our team dug into the diligence, it became clear that this deal was significantly more complicated than it was initially described by the borrower. However, despite the tight turnaround and roadblocks, the deal closed on time.

Represented a lender in connection with a syndicated construction loan for a large office/residential project including a bridge loan addressing timing issues with public financing.

Represented a lender in connection with the refinancing of a collateral pool of 55 one- to four-unit single-family residential investment properties in close proximity to The Ohio State University campus.