Levy, Levy & Levy is known as a leader in the area of affordable housing and real estate finance. We have been involved with virtually all significant federal, state, for profit and not-for-profit housing and redevelopment programs over the last three decades.
Our attorneys provide comprehensive legal services for all aspects of affordable and conventional multifamily and health care financing, acquisition, development, sales, management and operation. In order to be deal-makers, Levy, Levy & Levy understands that the successful culmination of each project requires creative and pragmatic solutions to the many obstacles that arise in real estate transactions.
We combine our technical knowledge of the law to achieve practical, timely, efficient and cost effective results and solutions for our clients. We have developed a deep understanding of our clients’ real estate needs, and focus our attention on the issues they face. Our lawyers stay informed of the changing nature of the real estate industry and think as business people. We look forward to assisting you.
The firm members specialize in representing project owners and lenders in the nationwide financing of the construction, acquisition, refinance and transfer of multifamily housing and health care projects utilizing conventional financing, HUD, Fannie Mae, Freddie Mac, CalHFA, conduit loan programs, tax credit enhancements and bond financing by local housing authorities, cities, counties and state agencies. The firm also has substantial experience working on troubled projects and loan workout issues, as well as representing project owners in disputes with HUD and CalFHA.
We have handled financing and acquisition transactions in most segments of the real estate industry, including multi-family developments, health care facilities, raw land, industrial sites, residential condominiums, office buildings, community developments, shopping centers, and regional and local malls. The firm has substantial experience in development, financing and acquisition of real property, commercial transactions, business law, and the formation of and advising ownership entities. We represent a broad range of clients, from publicly traded companies to small entrepreneurial entities, on transactions both in California and throughout the United States.
The firm has represented nonprofit and tax credit developers under the existing tax credit programs throughout the country. As an example of our involvement in housing, the firm was involved in shaping the federal legislation under the Low Income Housing Preservation Resident Homeownership Act (LIHPRHA) and federal legislation that offered tenant based enhanced vouchers to the elderly and provided owners with market rate rent increases.
Members of the firm have been featured as speakers at conferences held by HUD Lenders, the American Bar Association (ABA), and the National Association of Housing Management Agents (NAHMA). We are committed to providing legal services of the highest quality to our clients. In this endeavor, we are strengthened by experienced, able attorneys, excellent support staff and the advantages of the most up-to-date technological equipment.
Why you should choose Levy, Levy & Levy:
In the areas in which we practice, our senior attorneys have the same level of experience as the most senior partners in large law firms. We provide this experience to our clients on a direct basis.
Our clients avoid paying for on-the-job training of associates and other inefficiencies that inevitably arise when multiple lawyers work on a matter that can be handled by a single attorney. This means that our clients always have direct access to a seasoned attorney and do not have to worry about their work being delegated to an associate with minimum billing requirements to satisfy.
We believe that clients hire attorneys and not law firms. Many of our clients switched from larger firms to our firm because they understand and appreciate the benefits of working regularly with an experienced attorney who is personally responsive to their needs.
Areas of Practice
HUD/FHA multifamily loans insured under all applicable sections of the National Housing Act
Representing local, regional and national for-profit and non-profit developers, lenders and intermediaries in connection with acquisition, development, management and financing of both market rate housing projects and affordable housing projects
Our attorneys have extensive experience representing both borrowers and lenders, including representing borrowers and lenders regarding HUD Transfers of Physical Assets (TPAs), partial and full payment of FHA insurance claims and mortgage reinstatements, and the submission and negotiation of workouts of defaulted loans.
Tax-exempt bonds for housing and community development
Recent Closings as Lender’s Counsel
Fannie Mae and Freddie Mac multifamily loan and investment programs
HUD’s Section 8 rental assistance programs
State and local housing programs (such as the California Housing Finance Agency, the California Tax Credit Allocation Committee, the California Debt Limitation Allocation Committee, and the California Department of Housing and Community Development)
Nonprofit Housing Providers. We have assisted in the formation of nonprofit entities and represented nonprofits in their acquisition, management, and financing of projects, including transactions involving joint ventures with private entities and the HUD preservation programs. We have represented Nonprofits who desire to prepay their HUD insured loans in order to recapitalize and rehabilitate the property through Bonds and Tax Credits, most recently involving a LIHPRHA property with a 50 year Use Agreement.
Formation and Advising Business Entities.
We welcome inquiries about our practice
Levy, Levy and Levy
1299 Fourth Street, Suite 400
San Rafael, CA 94901-3030
Office: (415) 461-4900
Fax: (415) 461-4994
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