Coleman Talley

Attorneys | Atlanta • Jacksonville • Valdosta

Menu
  • LinkedIn
  • Facebook
  • Instagram
  • Attorneys
  • Practice Areas
    • Housing
    • Finance
    • Environment
    • Professional Risk
    • Real Estate
    • Government
    • Corporate
    • Wealth Planning
  • Government Affairs
  • Our Firm
  • Locations
  • Careers
  • News

Our Offices

  • Atlanta
    3344 Peachtree Road NE
    Call
  • Jacksonville
    1 Independent Drive
    Call
  • Valdosta
    109 South Ashley Street
    Call
All News

Posted September 22, 2016

Coleman Talley Represented the Hallmark Companies of Atlanta, Georgia, in the Acquisition and the Closing of Financing and Tax Credit Equity of 23 Rural USDA/RD §515 Apartment Developments in 12 Counties throughout Florida

Coleman Talley represented The Hallmark Companies of Atlanta, Georgia, in the acquisition and the closing of financing and tax credit equity of 23 rural USDA/RD §515 apartment developments in 12 counties throughout Florida. This transaction was Florida’s first consolidation of aged USDA Rural Development §515 properties in a single, $126 million public/private refinance for acquisition and rehabilitation. Coleman Talley attorneys Tom Kurrie, Greg Clark, Mary Margaret Williams, and Edward Cochran comprised the legal team.

Coleman Talley worked with the financing teams of Greystone Affordable Housing Initiatives, Boston Financial, the United Stated Department of Agriculture, the Osceola County Housing Finance Authority and the Florida Housing Finance Corporation.

The total project financing included $41.5 million in multifamily private-activity tax exempt bonds issued by the Osceola County Housing Finance Authority; $12.5 million in USDA 538 loans from Greystone Servicing Corporation; $28 million in tax credit equity provided by Boston Financial; $17 million new USDA/RD §515/MPR mortgage debt; and the assumption/subordination of$26.6 million of existing USDA/RD §515 mortgage debt.

The complex financing structure allowed for the renovation of 23 rural, aging apartment developments in Florida.

Attorneys

tagged in this post
  • Attorney Image
    Greg Clark Partner
  • Attorney Image
    Edward Cochran Partner
  • Attorney Image
    Tom Kurrie Partner
  • Attorney Image
    Mary Margaret Williams Partner

Practice Areas

tagged in this post
  • Affordable Housing

Most Recent News

  • March 31, 2023Coleman Talley Serves As Counsel For Client In Acquisition of Derby Row
  • March 29, 2023Coleman Talley Welcomes Associate Rob Pratt to The Atlanta Office
  • March 6, 2023Coleman Talley Crowned Most Spirited at YLS Chili Cookoff
All News

career

Atlanta Office

Atlanta Google Map
3344 Peachtree Road NE
Suite 1950
Atlanta, GA 30326
Phone: (770) 698-9556
Fax: (770) 698-9729

Jacksonville Office

Jacksonville Google Map
1 Independent Drive
Suite 3130
Jacksonville, FL 32202
Phone: (904) 456-8949
Fax: (904) 456-8948

Valdosta Office

Valdosta Google Map
109 South Ashley Street
Valdosta, GA 31601
Phone: (229) 242-7562
Fax: (229) 333-0885
  • LinkedIn
  • Facebook
  • Instagram

firm-44790-US-Original-E29

Best Lawyers 2023

Martindale-Hubbell Peer Rated Firm Logo – Coleman Talley LLP

Martindale Peer Rated Badge 2022

2022 Best’s Recommended Insurance Attorneys

Coleman Talley A.M. Best 2022 - Client Recommended Insurance Attorneys

U.S. News & World Report Best Law Firms

U.S. News & World Report Best Law Firms

Copyright

Coleman Talley LLP is a member of Martindale-Hubbell.
©2023 Coleman Talley LLP, All Rights Reserved
Privacy Policy