Venable represents community development entity in financing for medical campus project

1 min

Venable recently represented a community development entity that provided $8,000,000 in New Market Tax Credit (NMTC) financing to an affiliate of a nonprofit entity for the renovation, build-out, and leasing of a portion of a medical campus in Memphis, TN. Three other CDEs participated in the transaction, adding an additional $19,000,000 in NMTC financing.

The Venable team, led by Mike Schiffer, included Bryson Cook, Walter Calvert, Dana Fidazzo, Tammara LangliebNichole Cohen and Gabe Steele.