Manatt Expands Tax Incentive Financing Capabilities with Arrival in Chicago | national company
CHICAGO–(BUSINESS WIRE)–April 21, 2022–
Manatt, Phelps & Phillips, LLP, a multidisciplinary integrated professional services firm, today announced that Sameer V. Patel, Manatt Financial Services Partner, has joined its Chicago office. Patel’s focus on syndicating federal and state tax credits to new markets further strengthens the firm’s work in helping to drive social impact investing for clients ranging from institutional and corporate investors to community development and real estate developers nationwide.
“Through Manatt’s integrated professional services model, we are uniquely positioned to guide investors and developers through sophisticated tax credit financing and other impact investing arrangements,” said Donna L. Wilson, CEO and Managing Partner of Manatt. “Sameer’s experience in financial services, real estate and tax extends across our platform and further strengthens our position as a go-to advisor to key stakeholders operating in this rapidly changing space. and impactful, while helping to revitalize low- and middle-income communities across the country.”
Patel’s job is to guide clients through Opportunity Zone investments, low income housing and historic rehabilitation tax credit issues. Also a respected thought leader, he frequently speaks at some of the industry’s top conferences on a range of tax credit topics.
“Social impact transactions are fueling much of today’s economic redevelopment and are increasingly becoming central to the business strategies of institutional investors. We are therefore excited to deepen our national footprint as a leader in these transactions with the addition of Sameer to our growing Chicago office,” said Craig D. Miller, Head of Manatt Financial Services.
Manatt’s Financial Services Partner, Neil S. Faden, added, “Having had the pleasure of working closely on transactions with Sameer in the past, we are especially pleased to have him join Manatt; we know his unrivaled client advice on high impact tax incentive deals will complement new market tax credits, low income housing tax credit and opportunity zone work underway across the firm.
“I’m thrilled to join this team of stellar professionals I’ve known and respected for a long time, including Neil and Megan Christensen,” Patel said. “Manatt’s reputation in this space, along with their strategic vision, fast upward trajectory and collegial spirit were key drivers in my decision to make this decision.”
Manatt has strategically expanded its capabilities in Chicago in key industries including antitrust, healthcare and financial services, with Patel joining recent recruits Stephen D. Libowsky, Megan Thibert-Ind and Bryan A. Schneider. He is also the latest addition to the company’s broader national growth strategy as it deepens its capabilities in digital and technology (Timothy Lohse and Michel C. Narganes); entertainment and media (Nathaniel L. Bach and Christopher Chatham); healthcare and life sciences (Zoe Barnard, Tara R. Straw, Rachel L. Sher, Dr. Christina Jenkins and Claudia Page); antitrust and competition (David Reichenberg); and tax, benefits and executive compensation (John J. Heber).
Patel received his JD from Dedman Law School at Southern Methodist University and a BS in Information Systems from DePaul University.
About Manatt, Phelps & Phillips, LLP
Manatt, Phelps & Phillips, LLP, is a leading professional services firm, providing integrated legal and advisory services to a global client base. With offices strategically located in California (Los Angeles, Orange County, Silicon Valley, San Francisco and Sacramento), New York (New York and Albany), Chicago, Washington, D.C. and Boston, the company represents sophisticated clients , including Fortune 500, mid-market and emerging companies – across a range of industry sectors such as healthcare; financial services; entertainment; digital and technology; and energy, environment and real estate. For more information, visit www.manatt.com.
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CONTACT: Samuel Eisele 212.704.1998
Manatt, Phelps & Phillips, LLP
KEYWORD: ILLINOIS UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: LEGAL ADVICE PROFESSIONAL SERVICES FINANCE
SOURCE: Manatt, Phelps & Phillips, LLP
Copyright BusinessWire 2022.
PUBLISHED: 04/21/2022 09:00 AM / DISK: 04/21/2022 09:01 AM
Copyright BusinessWire 2022.