Steve helps clients structure complex tax credit transactions and keep their deals moving forward.
Steve focuses his practice on structuring tax credit financed transactions, including projects qualifying for state and/or federal New Markets Tax Credits (NMTC) and historic rehabilitation tax credits. He represents both investors and Community Development Entities (CDEs) and regularly leads tax credit financing transactions for one of the country’s largest investors. Steve has worked on hundreds of tax credit transactions involving traditional real estate and construction, manufacturing, and development, as well as equipment acquisitions.
Tax credit transactions can be immensely complex with infinitely variable structures. Steve has extensive experience in the field and closes dozens of deals annually throughout the country, many of which are valued in the tens of millions. He is focused on finding ways to make these financing structures more efficient, and his experience, together with the breadth of the firm’s full Tax Credit team, means there is nearly always a professional on hand with experience in a similar transaction—and who knows how the transaction can be improved.
Steve is known for his ability to manage the entire transaction process: he aims to truly shepherd deals from term sheet through closing, and clients appreciate his skill in serving as a deal’s central hub. Clients also value Steve’s gift for taking complex structures and situations and making them readily understandable, so that they can fully weigh their options and make informed decisions.