The Multifamily Finance practice group regularly represents borrowers in the financing of multifamily apartment projects under a variety of permanent lending programs, whether through traditional mortgage lending, HUD-insured loans, Fannie Mae or Freddie Mac loan programs or loans from insurance companies and similar lenders. Our attorneys have handled multifamily finance transactions in multiple states throughout the Southeast and beyond. We represent borrowers in all manner of finance transactions, from construction and substantial rehabilitation to acquisition and refinance.
We represent borrowers in the financing of projects insured under various provisions of the National Housing Act, including Sections 221(d)(4), 223(a)(7), 223(f) and 242, in additional to traditional financing, Our attorneys have extensive experience in all manner of HUD-insured finance transactions and work regularly with HUD counsel in multiple states and lender's counsel to efficiently and effectively navigate the various HUD loan programs and procedures. The firm's practice also includes representing its clients in the transfer of physical assets (sales) of apartment projects and the related assumption of loans currently insured by HUD.
In addition to HUD finance, our attorneys frequently represent borrowers in the closing of finance transactions under a variety of Fannie Mae and Freddie Mac programs and are well versed in the requirements and procedures of these loans. Our attorneys also handle multifamily finance transactions through other lenders, including insurance companies and other lending institutions.
Our Multifamily Finance attorneys work closely with attorneys in the firm's other practice groups, including our tax, bond, tax credit, environmental and real estate attorneys, in advising our clients on other issues that commonly arise in financing multifamily projects.