Overview

About Sallie

Sallie Lin advises clients with a wide variety of matters related to real estate, such as financing, leasing, acquisitions, and partnerships. She counsels clients on development and construction projects, including affordable housing projects which leverage Low Income Housing Tax Credits, tax-exempt bond financing, state and local funding, and equity investment. Her experience as a housing developer with the Low Income Housing Institute in Seattle gives her valuable experience with equity investments, non-profit governance, and the development process.

Sallie has represented nonprofit organizations, governmental entities, for‑profit developers, educational institutions, and lenders. She works with each client to provide practical advice and solutions to address their specific needs and constraints.

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Experience

Experience

  • Represented three independent charter schools in facilities improvements, including leasing, financing, and construction contracting.
  • Represented for-profit developer in the financing of twinned 4%-9% LIHTC projects that will provide more than 260 units of affordable housing and commercial space, which is part of a larger mixed-use, mixed-income development in Redmond, Wash. The financing included tax credit equity financing, public funding, and construction and permanent loan financing from a variety of sources. The combination of two projects, each with differing financing, created a large tax risk and necessitated the separation of every aspect of the projects’ ownership, financing and accounting, and operations.
  • Represented nonprofit, Catholic outreach organization in the land acquisition, construction and financing of 19,000-square foot, 100-bed permanent homeless shelter in the city of Kirkland, Wash.
  • Represented port district in ground lease of commercial/retail space located in environmentally sensitive area.
  • Represented nonprofit music education organization in joint-venture acquisition with affordable-housing provider of land to be site of mixed-use building for music school and affordable housing units.
  • Represented for-profit developer of affordable housing for seniors, using HUD-insured financing.
  • Represented faith-based university in its closing of a series of tax-exempt bonds to re‑finance existing loans.
  • Represented nonprofit, independent high school in its closing on a series of bonds totaling $13 million that will be used to fund the construction of a new STEM learning center and dormitory on the school’s campus.
  • Represented for-profit developer in the financing of a mixed-use, mixed-income project in Portland, Ore., that will contain approximately 30,000 s.f. of commercial space, 126 affordable units and 19 market rate units. The financing included city development financing, LIHTC, energy tax credits, tax-exempt and taxable bond financing, and construction and permanent loan financing from a variety of sources. To accommodate requirements of the multiple parties, the structure included a ground lease and a condominium.
  • Represented nonprofit organization in negotiating lease agreement for office and meeting space, which included complying with requirements for a property tax exemption.
  • Represented nonprofit organizations in construction financing involving Low Income Housing Tax Credits, state and local funds, and a private bank.
  • Represented tax credit investor syndicator in the closing of a Low Income Housing Tax Credit partnership.
  • Represented nonprofit organizations in the closing of development financing using New Markets Tax Credits.
  • Represented a nonprofit hub on the development of a new campus center in Redmond, Washington, including the development agreement, condominium creation, ground lease, and temporary relocation of 20 plus essential-service nonprofit members.
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Honors

Honors & Activities

  • Fellow, OnRamp (international program for women returning to the legal and financial services professions), 2016–2017
  • Board member, Boyer Children’s Clinic, 2017–present
  • Member, Washington Women Lawyers
  • Member, Mother Attorney Mentoring Association (MAMA Seattle)
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Insights & Presentations

Insights & Presentations

  • Co-presenter, “Structuring Your Deal Now to Plan for the Exit 15 Years Later,” 24th Annual Utah Housing Matters Conference, Sept. 1, 2020
  • Co-presenter, “Affordable Housing Update,” 22nd Annual Oregon Land Use Law Seminar, Portland, Oregon, Dec. 12, 2018



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