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REAL ESTATE & COMMUNITY DEVELOPMENT
As the economy slowly recovers, the real estate industry needs counsel that can identify and tap resources that will increase opportunities. New projects that can leverage federal and state financing incentives are increasingly attractive. Our in-depth knowledge of these programs makes Nixon Peabody a valuable partner in a complex transaction.
Nixon Peabody has more than 100 attorneys working in the U.S. and Europe, with deep experience in virtually all matters related to real estate, including real estate finance, restructuring and workouts, acquisition, securitization and structured finance, investment management and asset recovery, and development of commercial real estate. Of particular strength is our knowledge of the capital markets and our ability to assist financial institutions, governmental agencies, pension, private equity, and hedge funds, which are all playing greater roles in the real estate markets domestically, in Western Europe, and in the emerging markets in Asia and Africa.
With experience that spans a vast variety of deals, properties, and asset classes, the real estate and community development attorneys at Nixon Peabody intuitively understand our clients’ goals and work to meet them with speed, creativity, and efficiency. Because we have experience with such a wide variety of projects, clients can rely on us to structure deals innovatively and effectively, as well as anticipate and resolve sticky problems. Our areas of experience fall into four broad categories:
- Acquisitions and dispositions, development and land use, and leasing
- Affordable housing, tax credit finance and syndication, and sustainable development
- Capital markets and real estate finance
- Distressed debt and real estate workouts
Our clients
Our attorneys represent a broad cross-section of clients from the private and public sectors. We have handled both straightforward and highly complex real estate transactions for domestic and foreign investment banks, commercial banks, insurance companies, pensions, private equity, and hedge funds, and other financial institutions, as well as individual investors, involving:
- Affordable housing
- Convention centers
- Franchised businesses
- Health care facilities, senior care, and assisted living
- Hotels and resorts
- Industrial sites, warehouses, and distribution centers
- Mixed-use properties
- Multifamily housing (affordable and market rate)
- Office buildings and parks
- Specialty housing including student, senior, and military housing
- Restaurants, theatres, and museums
- Retail centers and shopping malls
- Telecommunications and energy sites
- University and special-purpose buildings
Nixon Peabody’s Real Estate group offers comprehensive services to address the full range of business, legal, and regulatory issues clients face in today’s marketplace. The group often teams with our nationally-recognized Affordable Housing and Tax Credit Finance and Syndication practitioners for low-income housing and community development work, as well as renewable energy projects, New Markets Tax Credit-financed commercial development, and redevelopment of buildings that use the historic rehabilitation tax credit. These additional related areas of experience give our Real Estate practice a breadth and heft that is unparalleled.
Chambers USA has ranked members of our team, with clients praising our “attention to detail, deep knowledge, responsiveness, and great value” in 2010.
Thought Leadership/AlertsGov. Andrew Cuomo unveils major economic development initiative offering tax benefits to businesses operating on or near select college and university campuses New York Law Alert | May 30, 2013 Webinar Recording: Greening Affordable Housing Originally recorded May 21, 2013 | May 24, 2013 . . . View all . . .
Webinar Recording: The Case for Privatization of Student Housing, Part Four: Sustainable Design and Green Building Issues in the Campus Context
Originally recorded May 14, 2013
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May 20, 2013
Webinar Recording: Affordable Housing Nonprofit Governance 101
Originally recorded May 7, 2013
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May 10, 2013
CFPB proposes amendments to the ability-to-repay and qualified mortgage rules
Regulated Financial Institutions Alert
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March 15, 2013
Webinar Recording: The Case for Privatization of Student Housing, Part Three: Negotiating the Management Agreement—Student Residential Life Issues
Originally recorded February 27, 2013
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March 6, 2013
Thought Leadership on Affordable Housing and Community Development
March 1, 2013
Qualified mortgages vs. qualified residential mortgages
Regulated Financial Institutions Alert
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February 26, 2013
CFPB issues ability-to-repay and qualified mortgage rules
Global Finance Alert
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February 4, 2013
Webinar Recording: The Case for Privatization of Student Housing, Part One: Market Overview and Structuring Options
Originally recorded October 16, 2012
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October 22, 2012
Master Limited Partnerships—How's the Fit with Renewable Tax Credits?
Novogradac Journal of Tax Credits
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September 1, 2012
Grandfathering Projects for Section 1603 Grants – Facing the New Hurdles by September 30, 2012
Novogradac Journal of Tax Credits
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August 1, 2012
HUD publishes final guidance on its Rental Assistance Demonstration
Affordable Housing Alert
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July 26, 2012
Term Sheets and Closings—10 Things to Remember
Novogradac Journal of Tax Credits
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July 1, 2012
Filing Treasury's Required Annual Report
Novogradac Journal of Tax Credits
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June 1, 2012
Valuing Renewable Assets—How Much Is Eligible for a Grant or Credit?
Novogradac Journal of Tax Credits
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May 1, 2012
Two Items of Interest to Those with (or Seeking) 1603 Grants
Novogradac Journal of Tax Credits
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April 1, 2012
U.S. District Court rules that so-called "amenity use fees" paid by residential tenants are prohibited under Massachusetts law
Real Estate Law Alert
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March 20, 2012
Q&A with Deborah VanAmerongen: Direct Purchase Bonds
One on One: Industry Insight
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March 14, 2012
HUD announces its Rental Assistance Demonstration and moves forward with a new model for preservation and rehabilitation of certain federally assisted affordable units
Affordable Housing Alert
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March 9, 2012
Bagging the bag: managing compliance with laws that limit the use of carryout bags
Legally Green Alert
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March 2, 2012
Structuring Renewable Projects Involving Government and Tax-Exempt Entities
Novogradac Journal of Tax Credits
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March 1, 2012
How much is the olive in that dirty martini?
Franchise Law Alert
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February 29, 2012
Thought Leadership on Affordable Housing and Community Development
February 23, 2012
Don't Worry About Capital—I've Got a Rich Friend Who'd Like to Invest in My Energy Project
Novogradac Journal of Tax Credits
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February 1, 2012
Establishing that You're Grandfathered—What Do You Have to Do?
Novogradac Journal of Tax Credits
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January 1, 2012
Combining New Markets Tax Credits with the ITC or Section 1603 Grant Programs
Novogradac Journal of Tax Credits
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October 13, 2011
Thought Leadership on Affordable Housing & Community Development
July 1, 2011
New York Supreme Court upholds validity and enforceability of the “Bad Boy Guaranty”
Real Estate Law Alert
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March 17, 2011
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PressBoston Business Journal Recognizes Nixon Peabody Clients as Real Estate Deals of the Year May 23, 2013 Nixon Peabody Attorneys Honored by Preservation Massachusetts May 2, 2013 . . . View all . . .
Nixon Peabody Clients Receive $1.3 Billion in Latest New Markets Tax Credits Awards 10th Round of Program Brings
April 26, 2013
Chambers Recognizes Leading Nixon Peabody Attorneys and Practices
March 14, 2013
Former U.S. Senator Scott Brown Joins Nixon Peabody LLP
March 11, 2013
Nixon Peabody Advises Constellation Brands in Revised Agreement with Anheuser-Busch InBev for Complete Divestiture of U.S. Business of Grupo Modelo
February 14, 2013
New Leadership for Nixon Peabody's Nationally Recognized Real Estate Practice
December 12, 2012
Nixon Peabody Attorneys Among Those Honored with 2012 Cornerstone Awards for Pro Bono Service
November 13, 2012
U.S. News & World Report and Best Lawyers Names Nixon Peabody a “Best Law Firm” and “Law Firm of the Year”
November 1, 2012
Nixon Peabody Advises on $93M Sale of Prime Massachusetts Office Park Space
August 3, 2012
Nixon Peabody Attorney to Helm National Housing Conference
June 27, 2012
Nixon Peabody Welcomes Experienced Real Estate Attorney from Citigroup
June 12, 2012
Massachusetts State Representative James Vallee Joins Nixon Peabody
April 30, 2012
Affordable Housing and Historical Restoration Project Rejuvenates Massachusetts Community
April 23, 2012
Washington, DC's Historic Howard Theatre Completes $29M Renovation
April 16, 2012
Nixon Peabody Advises U.S. Bancorp in Solar Power Military Housing Project
March 20, 2012
Nixon Peabody Clients Receive More Than $1.4 Billion in Latest New Markets Tax Credits Awards
March 1, 2012
Nixon Peabody Advises in Award Winning Affordable Housing and Mixed-use Development
January 18, 2012
Coalition for the Homeless Presents Nixon Peabody's Deborah VanAmerongen with "Key of Excellence Award"
December 9, 2011
Nixon Peabody Partner Honored for Commitment to Affordable Housing Industry
December 8, 2011
Nixon Peabody Recognized As a "Best Law Firm"
November 1, 2011
Tax Credit Finance Team Joins Nixon Peabody's NYC Office
September 6, 2011
New Housing Project Set to Break Ground in Boston; Nixon Peabody Advises Rogerson Communities on 70+ Unit Development
August 1, 2011
Projects Developed by Nixon Peabody Client Selected Among “Real Estate Deals of the Year;” San Francisco Business Times Recognizes Two Martin Building Co. Projects Among Best in Financing
March 29, 2011
Boston Announces Plans for New Hostel; Nixon Peabody Advises on “Green” 400+ Bed Project
March 17, 2011
Nixon Peabody Expands Affordable Housing Practice on West Coast; New Partner Tuan Pham Joins Firm’s San Francisco Office
March 14, 2011
Nixon Peabody Clients Awarded $1.4 Billion in New Markets Tax Credits; Program Brings Private Capital to Low-Income Communities
February 28, 2011
Nixon Peabody Advises as Historic Detroit Landmark Tower Completes Financing
February 25, 2011
Nixon Peabody Advises Developer of Award-Winning Clean Energy Program in New Jersey
January 6, 2011
Nixon Peabody Advises in Largest Affordable Housing Preservation Closing in Massachusetts History
December 22, 2010
First Fuel Cell Financing Closed with New Markets Tax Credits; Nixon Peabody’s Tax Credit Finance & Syndication Team Advises on Transaction
December 8, 2010
Nixon Peabody Announces New Leadership for Government Relations Practice; Former Congressman Thomas Reynolds Named to Leadership Role
October 12, 2010
Nixon Peabody Recognized as a “Best Law Firm”; Firm’s Experience and Excellence Honored Locally and Nationally
September 23, 2010
Leading Affordable Housing Attorney Joins Nixon Peabody; Firm Welcomes Partner Gary Downs in San Francisco
September 13, 2010
Nixon Peabody Expands Real Estate Practice; Partner Ross Eichberg Joins Firm’s Washington D.C. Office
June 22, 2010
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Media Clips- Am Law Firms Look to Land Clients on the Ground Floor
The American Lawyer | June 1, 2013
Boston associates Courtney New and Mahmood Firouzbakht discuss their involvement with the Cambridge Innovation Center, the largest flexible office facility for growing technology and life sciences companies in the Greater Boston area. - Excellence in Law
Daily Record | April 18, 2013
Rochester real estate associate Greg Nearpass is among the “Up & Coming Attorneys” recognized by the Daily Record as part of its annual “Excellence in Law” program. - Where the Votes are in Boston
CommonWealth | April 9, 2013
This contributed article co-authored by Boston Real Estate partner Larry DiCara focuses on how voting power in Boston has shifted geographically over the past decade. . . . View all . . .
EventsWebinar: HUD's RAD program: What do you need to know? July 29, 2013 Webinar: Affordable Housing Nonprofit Governance 201 July 18, 2013 IPED Conference: Tax Credit Property Dispositions plus an Affordable Housing Update July 10, 2013 . . . View all . . .
How is sequestration affecting Section 8 funding?
July 2, 2013
| New York, NY
Webinar: Greening Affordable Housing
May 21, 2013
Webinar: The Case for Privatization of Student Housing, Part Four: Sustainable Design and Green Building Issues in the Campus Context
May 14, 2013
Webinar: Affordable Housing Nonprofit Governance 101
May 7, 2013
Tax Assessment Reduction Tips: Is my commercial/industrial property over-assessed?
May 2, 2013
| Rochester, NY
IPED Conference: Learn the Basics: Housing Tax Credits 101
April 18, 2013
IPED Conference: Emerging Trends in Financing Tax Credit Projects
March 13, 2013
Webinar: The Case for Privatization of Student Housing, Part Three: Negotiating the Management Agreement—Student Residential Life Issues
February 27, 2013
Webinar: The Case for Privatization of Student Housing Part Two: Ownership, Development and Financing of Privatized Student Housing—Three Case Studies
December 11, 2012
Nixon Peabody's New York CLE Program
December 5, 2012
| New York, NY
IPED Conference: National Affordable Green Homes and Sustainable Communities Summit @ Greenbuild
November 13, 2012
Webinar: The Case for Privatization of Student Housing, Part One: Market Overview and Structuring Options
October 16, 2012
IPED Conference: The Future of Historic Tax Credits
October 11, 2012
Bisnow Affordable Housing and Community Development Networking Breakfast
September 27, 2012
| Washington, DC
New York Affordable Housing and Community Development Update and Networking Reception
September 12, 2012
| New York, NY
IPED Conference: Tax Credit Property Dispositions in 2012
June 14, 2012
| Chicago, IL
IPED Conference: Learn the Basics: Housing Tax Credits 101, plus Historic Tax Credits
April 18, 2012
IPED Conference: The New Frontier in Financing Tax Credit Projects
March 21, 2012
Practical Considerations for Tenants in Leasing Real Property
March 13, 2012
| Rochester, NY
11th Annual Developers' Roundtable
February 16, 2012
American Securitization Forum 2012
January 22, 2012
NIC MAP Midwest Seniors Housing Market Briefing & Networking Breakfast
November 10, 2011
IPED Conference: Tax Credit Property Dispositions in 2011
November 9, 2011
Webinar: Green Building: Profits and Pitfalls
October 18, 2011
Affordable Housing Update & Networking Reception
October 5, 2011
| Boston, MA
IPED Conference: Learn the Basics: Housing Tax Credits 101
July 21, 2011
IPED Conference: 6th Annual Green Homes & Sustainable Communities Conference
July 14, 2011
NIC MAP Boston and New England Market Briefing & Networking Breakfast
March 24, 2011
2010 Real Estate Update: Affordable Housing, LIHTCs, and Today's Real Estate Marketplace
December 15, 2010
IPED Conference: Tax Credit Property Dispositions 2010: Unlocking Value and Seizing Opportunities at Year 15 and Beyond
November 9, 2010
IPED Conference: Historic Tax Credits for Developers
October 7, 2010
IPED Conference: Renewable Energy 101: Tapping into New Sources of Energy and Money for Housing and Community Development Projects
September 21, 2010
IPED Conference: 5th Annual Green Homes & Sustainable Communities Conference: The Definitive National Conference on Green Affordable Housing and Community Development
July 29, 2010
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