Opportunity Zones have become a hot topic in commercial real estate financing circles. Hackett Feinberg is one of a few law firms in Massachusetts with hands-on experience closing deals involving Opportunity Zone funds.
Teams led by Kimberly Martin-Epstein have recently represented lenders in two acquisition and construction financing transactions where Opportunity Zones funds were a key part of the capital stack. Following on this experience, Hackett Feinberg Attorneys Kimberly Martin-Epstein, Shaun Briere, Joseph Brooks and Josh Fairchild recently gave a presentation to the commercial real estate lending group at a local bank. Our attorneys gave an overview of the Opportunity Zones program and then focused on the lender’s concerns and considerations for transactions for borrowers who want to utilize Opportunity Zones funds as all or part of the equity necessary to make a project work. Hackett Feinberg has extensive experience representing lenders and developers in commercial real estate financing transactions and stands ready to advise lenders and developers in a wide variety of funding scenarios.
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