Jonathan W. Giokas

Affordable Housing & Community Development

• Representation of a national LIHTC syndicator with respect to dozens of projects across a number of states, with a particular focus on asset management issues including, but not limited to: dispositions of limited partner interests, negotiated acquisitions of general partner interests, refinancings, property sales and qualified contract issues.
  
• Counsel for a national bank on several tax credit investments and related financings, which included transactions involving scattered site LIHTC investments, the combination of LIHTCs with HTCs, and the twinning of HTC and NMTC capital sources. 
  
• Advised a joint venture with respect to the $86 million redevelopment of one of the largest vacant buildings in downtown St. Louis into a mix of retail space, affordable housing and market rate units, using state and federal historic tax credits and low income housing tax credits, as well as tax increment financing.
  
• Counsel to community development entities (CDEs) with respect to numerous NMTC qualified equity investments and qualified low-income community investments (QLICIs).
  

Public Finance

• Advised the City of St. Louis with respect to Ballpark Village, a multi-phase district with initial development costs in excess of $100 million, financed with multiple incentives.
  
• Represented multiple Missouri special taxing districts, including community improvement districts (CIDs) and transportation development districts (TDDs) with respect to public and private issuances of limited revenue bonds.
  
• Primary outside finance counsel for a large, multi-state health system. Representative work includes:
  
  • The issuance of debt having an aggregate value in excess of $700 million
  • Advising with respect to bond-related implications of acquisition and affiliation transactions
  • Counsel regarding compliance and disclosure issues

Development Incentives

• Advised clients on dozens of urban redevelopment projects involving tax abatements, TIFs, special taxing districts and bond financings.
  
• Counsel to The Koman Group regarding several incentivized development transactions, including but not limited to:     
  • Construction of The Euclid, a new-mixed use development in the Central West End of St. Louis
  • Redevelopment of 700 Market in St. Louis into the headquarters of a public company, leveraging various public and private sources, including NMTCs, state and federal HTCs and TIF
  • Rehabilitation of the Cupples 9 Building in St. Louis for multi-tenant office use, utilizing NMTCs, HTCs and TIF
• Represented a publicly traded Fortune 500 company during the location of its worldwide headquarters facility, which utilized revenue bond financing and other state and local incentives.