With a long history in representing owners and developers in a wide range of real estate projects, Rosenblum Goldenhersh has built a strong reputation and expertise in projects insured and assisted using FHA and HUD financing. We have extensive experience representing both owners and lenders in projects using Sections 221(d)(3), 221(d)(4), 223(f), 223(a)(7), 220, 232 LEAN, 202, and 811 of the National Housing Act. The firm also represents clients in the transfers of physical assets (TPA) of Federal Housing Administration (FHA) projects.
Rosenblum Goldenhersh represents both developers and lenders closing FHA and HUD financed transactions in HUD offices throughout the country. Through its longstanding developer relationships, the firm finds itself counseling in the development of projects using all forms of FHA insurance, HOPE VI funds, and Section 8 rental assistance, and then assisting its clients with restructuring and refinancing those same developments over time.
The firm has been involved with many “mark-to-market” closings, as well as workouts and loan modifications for projects that do not succeed. We have consulted with developers and housing authorities in their dealings with HUD on issues such as renewals of HAP contracts and re-syndications of existing HUD projects.
We take pride in the fact that many of our clients trust their projects to us after the initial development is constructed, and rely on our expertise to advise them throughout a project’s existence. In addition, most of our new HUD / FHA business is through referrals from existing clients and other law firms.