News

Author: Christine Radice

Riemer & Braunstein welcomes Tax Credit/Community Development Finance Team

The firm is pleased to announce the addition of an experienced team to establish the firm’s Tax Credit/Community Development Finance practice area.

This step is consistent with the firm’s long term strategic plan to expand geographically and broaden the services we provide, all designed to enhance our representation of the firm’s institutional and equity/debt fund clients. The team, led by Jeff Gaulin, Patrick Cronin, and John Kelley, has established itself as one of the key national practice groups handling tax incentive transactions, including low income housing tax credit, new market tax credit, and historic tax credit transactions. Jeff, Patrick, and John will be joined by Brian Hern, Brett Heyman, and Derek Rodman, and will be also be supported by the firm’s real estate, real estate finance, and tax practitioners across our full platform. This team has for years represented in this practice area many of the firm’s current institutional clients.

Business Wire

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Burlington plots new course for mall area

Mark Vaughan, a senior partner at Riemer & Braunstein LLP, notes how some cities and towns have looked at reinventing antiquated shopping centers and made some changes. In this article, Mark discusses how Massachusetts’ new housing law may further incentivize communities to rethink how some properties are being used moving forward.

Banker & Tradesman

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The evolution of material adverse effect provisions in credit agreements

The use of the term material adverse effect within asset-based lending agreements has a long history. Jaime Rachel Koff and Lon M. Singer provide an introduction to the term and how it was originally used and then take us through more recent history and how its use has changed, particularly during the COVID-19 pandemic.

ABF Journal

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Stacy Goldstein joins Riemer & Braunstein’s Executive Committee

Stacy Goldstein has been elected by the partners of Riemer & Braunstein LLP as a member of the firm’s Executive Committee. Stacy is a senior partner in the firm’s New York office and practices in the Real Estate Finance Practice Group. She represents domestic and foreign financial institutions in bilateral and agented real estate finance transactions.

Business Wire

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R&B named #4 of 40 by Real Deal

The Real Deal, a New York publication that closely tracks real estate transactions, recently published its list ranking law firms by dollar volume of commercial real estate loans in New York City (September 1, 2019 through September 30, 2020). Using data from the records of the NYC Department of Finance, The Real Deal reviewed commercial real estate loans of $1,000,000 or above. Riemer & Braunstein was ranked at No. 4 out of 40 law firms on the list.

The Real Deal

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