BOSTON--(BUSINESS WIRE)--Riemer & Braunstein LLP, a law firm specializing in the representation of financial institutions, life insurance companies, and debt funds in real estate and commercial transactions, today announced the addition of an experienced team to establish the firm’s Tax Credit/Community Development Finance group. This step is consistent with the firm’s long term strategic plan to expand geographically and broaden the services it provides, all designed to enhance the representation of the firm’s institutional and equity/debt fund clients.
The team, led by Jeff Gaulin, Patrick Cronin, and John Kelley, has established itself as a key national practice group handling tax incentive transactions, including low-income housing tax credit, new markets tax credit, and historic tax credit transactions. Jeff, Patrick, and John will be joined by Brian Hern, Brett Heyman, and Derek Rodman, and will be working closely with the firm’s real estate, real estate finance, and tax practitioners across the firm’s full geographic full platform. This team has represented many of the firm’s current institutional clients in tax incentive transactions for many years.
Gaulin, Cronin, Kelley, Heyman and Rodman join the firm as a group from a well-known international firm, while Hern is reuniting with his former colleagues.
“We see an incredible synergy between this practice area and our national and regional real estate finance practice,” said Kevin Lyons, managing partner of Riemer & Braunstein. Lyons added that, “The addition of this group will allow us to represent our real estate finance institutional and debt fund clients in a broader array of real estate finance and investment transactions.”
“I have worked with this group for a number of years, as we have collaborated on projects involving conventional real estate financing, tax credit equity investments, and bond financing,” said Richard Lefkowitz, a co-chair of Riemer & Braunstein’s real estate finance practice area, adding, “this team, which is already well known and respected by our institutional clients, will be an ideal addition to our real estate finance practice.”
“We are very excited to become part of the team at Riemer & Braunstein,” said Gaulin. “We feel that the Riemer & Braunstein platform will allow us to enhance both our representation of our clients and the firm’s representation of its institutional and finance clients.”
About Riemer & Braunstein LLP
Riemer & Braunstein LLP was established in Boston in 1933. It expanded to New York City in 2004, Chicago in 2006, Miami in 2019, and Newport Beach, California in 2021. The firm is best known for its commercial finance practice, most prominently including real estate finance, commercial lending, and loan restructuring.