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Introduction
Sumeet Sharma has over 20 years of experience representing tax credit investors, syndicators, developers, lenders, and nonprofit organizations on finance, tax, real estate, corporate, and regulatory issues affecting affordable housing, community development, historic preservation, commercial real estate, and general business transactions nationwide.
My focus
Affordable Housing Tax Credits
I help clients structure and close complex financing transactions that use affordable housing tax credits and related financial and tax incentives. The financing is applied to affordable housing, mixed-income, and mixed-use developments across the country, metropolitan and rural areas alike. In doing so, I strive to find practical and innovative solutions to develop and operate successful projects and partnerships.
New Markets Tax Credits
I also advise clients on community development and revitalization projects financed by new markets tax credits. I make sure my clients’ projects, which include office and retail, health clinics, charter schools, manufacturing centers, and industrial facilities, for example, close efficiently and smoothly.
Commercial Real Estate
Additionally, I counsel clients on all aspects of commercial real estate transactions, from acquisitions, development, and leasing to financing, debt restructuring, and workout matters.
Speaking And Community Involvement
Outside the office, I enjoy speaking at national tax credit industry conferences, publishing articles on various community development issues, coaching a high school debate team, mentoring students through local school programs, and serving on boards for community service and philanthropic projects.
Looking ahead
I believe that the dedicated and innovative business parties and service professionals in this industry will continue to work together to find ways to broaden the impact of community development activities in this dynamic business, legal, and political climate. I work with clients to identify opportunities for such partnerships.
Insights
Presentations
- “Assess Your Rights and Duties at Year 15,” IPED's Tax Credit Property Dispositions, Los Angeles, CA, February 29, 2024
- “Portfolio Assessment and Strategies: Evaluating the Market for Property Dispositions at Year 15,” IPED's Tax Credit Property Dispositions, Los Angeles, CA, February 29, 2024
In the news
- Affordable Housing Finance
People on the move
Feb 26, 2024This roundup of moves across the affordable housing industry includes the promotions of Affordable Housing and Real Estate partners Ruben Ravago of New York City and Dana Stanton of Albany, and Community Development Finance partner Sumeet Sharma of Washington, DC. The article also includes the promotions of Affordable Housing and Real Estate counsel Kelly Behr of Washington, DC, Ninteretse Jean Pierre of Rochester, and Emily Schwebke of Chicago, and Community Development Finance counsel Nicole Hixon of Boston.
- National Housing & Rehabilitation Association
Nixon Peabody welcomes Sumeet Sharma to firm partnership
Feb 7, 2024The following article highlights the recent elevations of Rochester partner and Cybersecurity & Privacy deputy team leader Jenny Holmes, Albany Affordable Housing & Real Estate partner and Environmental team co-leader Dana Stanton, Washington, DC Community Development Finance partner Sumeet Sharma, and Rochester AHRE counsel Ninteretse Jean Pierre.
- Rochester Business Journal
Movers & shakers: Jenny Holmes
Feb 5, 2024The following article highlights the recent elevations of Rochester partner and Cybersecurity & Privacy deputy team leader Jenny Holmes, Albany Affordable Housing & Real Estate partner and Environmental team co-leader Dana Stanton, Washington, DC Community Development Finance partner Sumeet Sharma, and Rochester AHRE counsel Ninteretse Jean Pierre.
- Rochester Business Journal
Movers & shakers: Ninteretse Jean Pierre
Feb 5, 2024The following article highlights the recent elevations of Rochester partner and Cybersecurity & Privacy deputy team leader Jenny Holmes, Albany Affordable Housing & Real Estate partner and Environmental team co-leader Dana Stanton, Washington, DC Community Development Finance partner Sumeet Sharma, and Rochester AHRE counsel Ninteretse Jean Pierre.
- Albany Business Review
People on the move in Albany: Dana Stanton
Feb 1, 2024The following article highlights the recent elevations of Rochester partner and Cybersecurity & Privacy deputy team leader Jenny Holmes, Albany Affordable Housing & Real Estate partner and Environmental team co-leader Dana Stanton, Washington, DC Community Development Finance partner Sumeet Sharma, and Rochester AHRE counsel Ninteretse Jean Pierre.
Admitted to practice
District of Columbia
Maryland
U.S. Bankruptcy Court
U.S. District Court, District of Maryland
Education
American University, Washington College of Law, J.D., cum laude
University of Texas at Austin, B.B.A., Finance
Recognition
- Named to the 2024 list of “Ones to Watch” by The Best Lawyers in America© for Real Estate Law in Washington, DC
