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Multifamily Housing & Condo Construction

Faegre Baker Daniels represents multifamily housing developers, owners, investors, contractors, landlords and property managers throughout the U.S. Leveraging a broad base of industry knowledge, we provide solution-oriented results. Our team assists with each phase of a multifamily or mixed-use housing project, including: 

  • Corporate formation and investment structuring
  • Acquisition
  • Land use and entitlements
  • Environmental review and permitting
  • Financing (including traditional lending, historic tax credit investments, HUD-supported financing, and TIF and other government-supported developments)
  • Tax
  • Design
  • Development
  • Construction
  • Lease-up and stabilization
  • Management
  • Divestment
  • Dispute resolution and avoidance 

FaegreBD has particularly deep experience in student housing and historic redevelopment construction projects.

Multifamily Housing Development

FaegreBD has extensive experience solving clients' land use, financing, development, leasing and subdivision needs. Our attorneys facilitate multifamily and mixed-use housing development from start to finish: from formation of various organizational and investment structures — including REITs, investment funds, joint ventures and private equity funds — to identifying the right combination of federal, state, local, tax increment, tax abatement and conventional financing.

We have experience working with a wide range of low-income housing tax credit transactions (LIHTC) and HUD programs, including:

  • Section 8
  • HUD-insured loans
  • Section 202
  • Section 236
  • Flex Sub Loans

From reviewing financing documents, through drafting architecture, engineering and construction agreements, to first operation of the facility, Faegre Baker Daniels provides sound advice and dedicated service to empower projects to succeed.

Dispute Resolution and Avoidance

Disputes involving multifamily projects require deep understanding of the applicable condominium or common interest community laws. We are skilled in addressing the unique challenges of multifamily housing project disputes and developing methods to avoid them, including by:

  • Drafting and negotiating construction, service and management contracts
  • Performing risk assessments
  • Assisting managers and owners with compliance issues
  • Instituting project controls
  • Managing turnover
  • Successful project operation

When disputes do arise, we work to cost-effectively resolve them. Our experience encompasses:

  • Widespread construction defect claims
  • Project claims
  • Liens
  • Owner association disputes
  • Insurance coverage matters
  • Receivership issues
  • Property management challenges 

We have addressed disputes in all forums, both formal and alternative.

Contact

Bernard E. Nodzon Jr., Minneapolis
+1 612 766 8768
Patrick M. Miller, Chicago
+1 312 212 6514
Brian P. Clifford, Fort Wayne
+1 260 460 1687


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