Everyone needs an edge in today’s volatile real estate markets. Projects which once looked like a no-brainer may now be on the bubble. You may even be contemplating abandoning the project altogether. We can help.
Ginsberg Jacobs LLC’s Tax Credit Service Group focuses on assisting real estate developers in bridging the financial gap through tax credit financing. We have helped many clients and, ultimately, saved entire development projects by finding government credits that work toward the bottom line. We know our way around these complex credits.
Our cross-disciplinary Tax Credit Service Group involves attorneys from all areas of our firm so we can work quickly to get your project moving along. Our expertise enables us to provide clients with innovative solutions for complex problems and our experience also allows us to be extremely efficient throughout the entire process.
The New Markets Tax Credit promotes investment in low-income communities by providing tax credits for qualified investments. Most clients never realize these funds might be available, but since qualifying areas are determined by the prior census, the areas that qualify are often surprising. Our attorneys have assisted clients in New Markets Tax Credit transactions involving hotels, shopping centers, community facilities, office space and mixed-use developments throughout the Midwest and nationally.
We have extensive experience in structuring Historic and Rehabilitation Credit transactions and bring a unique perspective to preservation matters as a result of our involvement with charitable organizations dedicated to preserving historic structures. We also regularly handle twinned transactions that combine Historic Tax Credits with New Markets Tax Credits.