TAX CREDIT FINANCE TEAM JOINS NIXON PEABODY’S NYC OFFICE

New Partners Alan Cohen and Mark Kreitman Were Former Leaders of Paul Hastings’ Affordable Housing Tax Credit Practice

September 6, 2011 (New York, NY) – International law firm Nixon Peabody LLP has expanded its Tax Credit Finance and Syndication practice in New York City with the arrival of two partners Alan S. Cohen and Mark A. Kreitman, associate Amy Curry and paralegal George Steiner. Mr. Cohen and Mr. Kreitman most recently led Paul Hastings’ affordable housing tax credit practice.

“We are pleased to welcome this team to our nationally recognized tax credit finance and syndication practice. Tax credits play a vital role in financing and developing affordable housing and historic preservation projects,” said Andrew I. Glincher, CEO and Managing Partner of Nixon Peabody LLP. “Alan’s and Mark’s proven experience on sophisticated transactions in this important industry will be a huge benefit to our clients as we expand this practice in New York City.”

Mr. Cohen’s practice has for the past thirty years focused on tax advantaged investments, with an emphasis on capital formation and transactional structuring. He has participated in transactions which have raised more than $14 billion from investors and involved the acquisition of more than $30 billion of assets. Mr. Cohen represents tax credit equity sponsors and investors in providing equity and debt for affordable housing, historic rehabilitations, energy and community redevelopment projects.

Mr. Kreitman concentrates his practice in the area of affordable housing and tax credits. He has represented public companies, private equity funds and private companies in all aspects of public and private affordable housing syndications, including both property acquisition and placement of tax credit equity and debt. Mr. Kreitman’s practice involves resolution of substantive partnership, real estate, tax, regulatory, environmental and community development issues.

“Alan and Mark are excellent tax and business lawyers who are nationally prominent and well- respected in the tax credit finance and affordable housing industries,” said Jeffrey S. Lesk, partner and leader of Nixon Peabody’s Tax Credit Finance and Syndication practice. “Their skill sets are a terrific match for our firm’s continually expanding practices, as they further enable us to better serve our clients with the additional depth they bring to our firm.”

“Mark’s and Alan’s background and experience are a great addition to the housing work we are already doing in the New York City metropolitan area,” added Arthur J. Rosner, managing partner of Nixon Peabody’s New York City office. “They are strategic and entrepreneurial lawyers who are very knowledgeable in the structuring of deals and know how to get deals done.”

Mr. Cohen is a graduate of George Washington University, where he received his B.A. in Political Science. He earned his J.D., cum laude, from New York Law School where he was editor of the Law Review and presently is a member of the faculty. He is a member of the board of the Affordable Housing Tax Credit Coalition, the National Housing and Rehabilitation Association and the Jewish Community Housing Corporation. Mr. Kreitman earned his B.A., summa cum laude, Phi Beta Kappa from the University of Pennsylvania. He received his J.D. from Stanford Law School. Mr. Kreitman is a member of several affordable housing organizations including the ABA Forum on Affordable Housing, NYC Bar Association Committee on Housing and Urban Development, and the New York State Association for Affordable Housing (NYSAFAH).

About Nixon Peabody LLP
Nixon Peabody LLP helps clients navigate complex challenges in litigation, real estate, corporate law, and finance. With approximately 700 attorneys throughout the U.S., Europe, and Asia, their focus is on working collaboratively to serve clients ranging from large corporations and financial institutions to entrepreneurs and private individuals. Employing innovative and client-centered approaches, the firm helps to anticipate and capture opportunities, prepare for and manage risks, protect intellectual property, and forecast and overcome obstacles. Nixon Peabody is committed to the clients it serves, the communities in which it serves them, and the diverse professionals who have helped make it a “Best Law Firm” and “A Best Place to Work.”

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