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Manatt Expands Tax Incentive Financing Capabilities With Chicago Arrival

1 month ago George T. Taft
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Sameer Patel has an extensive history driving social affect investing, such as new marketplaces tax credits bargains, improvement finance transactions and Possibility Zone investments

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Manatt, Phelps & Phillips, LLP, a multidisciplinary, built-in experienced services firm, introduced currently that Manatt Economic Services Companion Sameer V. Patel has joined its Chicago office. Patel’s focus on the syndication of federal and state New Marketplaces Tax Credits more strengthens the Firm’s function in encouraging drive social effect investments for consumers ranging from institutional and company buyers to neighborhood growth entities and actual estate builders nationwide.

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“Through Manatt’s built-in experienced solutions model, we are uniquely positioned to guide traders and builders via complex tax credit rating funding and other social influence financial commitment offers,” said Donna L. Wilson, Manatt’s CEO and Handling Lover. “Sameer’s expertise with monetary solutions, actual estate and tax extends across our platform and more cements our posture as the go-to adviser for crucial stakeholders who are running in this quickly evolving and impactful room, even though aiding revitalize low- and average-profits communities throughout the state.”

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Patel’s perform consists of guiding clients as a result of Prospect Zone investments, very low-money housing and historic rehabilitation tax credit score issues. Also a highly regarded imagined chief, he commonly speaks at some of the industry’s leading conferences on the gamut of tax credit rating-related topics.

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“Social influence specials are fueling substantially of today’s financial redevelopment and are more and more starting to be central to institutional investors’ business tactics, so we’re energized to deepen our countrywide footprint as a leader in these transactions with Sameer’s arrival in our fast developing Chicago workplace,” said Craig D. Miller, chief of Manatt Economical Expert services.

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Manatt Economical Companies Lover Neil S. Faden added: “Having experienced the pleasure of operating intently on transactions with Sameer in the earlier, we are significantly energized about his signing up for Manatt we know that his unparalleled shopper counsel on high-impression tax incentive offers will complement the marketplace-main new markets tax credits, minimal-cash flow housing tax credit score and Possibility Zone do the job being performed throughout the Firm.”

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“I’m thrilled to join this stellar staff of gurus that I have very long known and revered, together with Neil and Megan Christensen,” claimed Patel. ”Manatt’s name in this area, along with its strategic eyesight, rapid-relocating upward trajectory and collegial spirit were being the essential drivers in my decision to make this transfer.”

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Manatt has been strategically growing its abilities in Chicago throughout vital industries—including antitrust, wellness care and monetary services—with Patel signing up for latest hires Stephen D. Libowsky, Megan Thibert-Ind and Bryan A. Schneider. He is also the hottest arrival in the Firm’s broader, countrywide advancement method as it deepens its capabilities in digital and know-how (Timothy Lohse and Michel C. Narganes) enjoyment and media (Nathaniel L. Bach and Christopher Chatham) overall health care and lifetime sciences (Zoe Barnard, Tara R. Straw, Rachel L. Sher, Dr. Christina Jenkins and Claudia Site) antitrust and levels of competition (David Reichenberg) and tax, worker benefits and govt compensation (John J. Heber).

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Patel earned his J.D. from Southern Methodist College Dedman University of Law and a B.S. in facts techniques from DePaul College.

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