Real estate developers, owners and investors seek out Joe McCarthy’s advice and assistance with the acquisition, development, financing and operation of complex projects. During the last thirty years, Joe has helped his clients develop and finance most types of real estate but he particularly deep experience in affordable housing and in condominiums and planned developments.
He has developed broad experience in acquisitions and due diligence, joint ventures, equity financing, debt financing, construction, leasing and operations involving multifamily, mixed-use, retail, office and industrial projects in many states.
Joe has assisted in the development and financing of approximately 10,000 units of affordable rental and ownership housing. These projects often involve many layers of financing, such as low income housing tax credits, historic tax credits, tax-exempt bonds, HUD financing, HOME and CDBG funds, façade easements, Section 8 rental assistance, state and local programs, property tax exemptions, and community land trusts. Joe helps his clients to negotiate a project’s financing and to develop a legal ownership structure that is compatible with the requirements of the financing sources.
Joe has extensive experience in the development of condominiums, mixed-use project and planned unit developments. His experience includes the planning of projects, the negotiation of financing and construction contracts, the preparation of community association documents, the creation of sale and warranty programs, and association operations. Joe has actively participated in the drafting of all major condominium legislation in the State of Washington in the last decade and chairs the committee that drafted the proposed Washington Common Interest Ownership Act.
Joe was a founding partner of Kantor, Taylor & McCarthy (1998‑2008) and an associate and partner at Reed McClure (1985‑1998).
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