Robert L. Archie, Jr. concentrates his practice in the areas of municipal finance, real estate and corporate law for non-profit corporations. He is a member of the National and Pennsylvania Associations of Bond Lawyers and a former chair of the Real Estate and Commercial Law sections of the National Bar Association. A member of the Business Law Section of the American Bar Association and the Pennsylvania Bar Association, Mr. Archie is a past chair of the Tax-Exempt Finance Committee of the Business Law Section of the Philadelphia Bar Association and is a former member of the Section's exempt executive committee.
Mr. Archie represents cities, political subdivisions, school districts, municipal authorities and underwriters in connection with the issuance of variable and fixed-rate tax-exempt bonds and notes. He counsels clients who are providing goods and services to cities, political subdivisions and agencies, in their responses to request for proposals. In addition, his clients include non-profit corporations and limited partnerships engaged in the development and construction of housing facilities for persons of low- and moderate-income. The development projects he has been involved in range from housing cooperatives, condominiums, churches, supermarkets, charter schools, strip shopping malls, hospitals, convention centers and multifamily high-rise developments for the elderly. He has also acted as local and special counsel to lenders providing construction and permanent loans for development in the City of Philadelphia and surrounding counties.
A 1970 graduate of Howard University School of Law and Lincoln University, Mr. Archie has served as an adjunct professor at Temple University School of Law and was a board member of the Pennsylvania Intergovernmental Cooperation Authority, which provides financial assistance to cities of the first class in the Commonwealth of Pennsylvania. He serves on the board of Lincoln University.
· Representation of one of the nation's largest public housing authorities which develops and provides low to moderate income housing to more than 78,000 people in Philadelphia, providing assistance in complex public and private financing transactions needed by the authority for its developments. Recent transactions include the $170 million 550-home Tasker neighborhood development, the $74 million, 247-home Martin Luther King development and the $24 million overhaul of the Suffolk Manor Senior Home.
· Bond counsel to Philadelphia Authority for Industrial Development for a $19.75 million multifamily housing project.
· Bond counsel to Philadelphia Municipal Authority for $97.5 million Juvenile Justice Center.
· Representation of Philadelphia Housing Authority in sale of 150 affordable housing units in the City of Philadelphia.
· Representation of a community development corporation in the acquisition and development of a five-acre tract of land adjacent to Temple University.
· Bond counsel to Community Development Corporation in the acquisition and development of 465-bed student housing facility for off-campus housing at Temple University.
· Representation of three large religious organizations in the acquisition and construction of their facilities in the City of Philadelphia and their Community Development Corporations.
· Bond counsel to the Philadelphia Authority for Industrial Development in connection with the sale and securitization of the first-ever tax lien securitization to be undertaken in the Commonwealth of Pennsylvania. The City and the School District of Philadelphia each securitized their respective interests in delinquent real property taxes having an aggregate face value of $190 million.
· Served as authority counsel to a public housing authority with respect to its acquisition of a 218-unit affordable housing complex. The project was modernized and substantially rehabilitated into a 161-unit housing complex using a variety of financing techniques.
· Served as underwriter's counsel for a syndicate of investment banking firms that sold $150.86 million in neighborhood transformation bonds.
· Bond Counsel for a $62.7 million transaction which refunded the outstanding debt of a long term care facility.
· Borrowers counsel to a nonprofit hospital, advising the CFO, board and president on in its multimillion dollar restructuring, refinancing and financing of its expansion and major capital projects.
Areas of Practice
· Affordable Housing and Community Development
· Non-Profit Corporations
· Municipal Finance
· Corporate Law and Finance
· Duane Morris LLP
· Atkinson & Archie, P.C., Philadelphia, PA
- Partner, 1976-1991
· Morgan Lewis LLP, Philadelphia, PA
- Associate, 1970-1975
· American Bar Association
- Business Law Section
· Pennsylvania Bar Association
· Philadelphia Bar Association - Business Law Section
-- Executive Committee
-- Tax Exempt Finance Committee
· National Bar Association - Real Estate Section
- Commercial Law Section -- Chairman, 1976-1980
· National Association of Bond Lawyers
· Pennsylvania Association of Bond Lawyers
Honors and Awards
· Named one of The Legal Intelligencer's Diverse Attorneys of the Year, 2011
· Named one of "Philadelphia's Most Influential African Americans 2010" by The Tribune Newspaper
· AV® Preeminent™ Peer Review Rated by Martindale-Hubbell
· Former Board Member of Pennsylvania Intergovernmental Cooperation Authority
· Former Board Member, Universal Community Homes
· Board of Trustees of Lincoln University of the Commonwealth System of Higher Education
- Member, Executive Committee
-- Chair, Audit Committee
· The Forum
· Former Chairman of the Philadelphia School Reform Commission
· "Philadelphia Minority Partners Begin Networking Among Themselves," Amici Briefs, American Bar Association's National Conference of Minority Partners in Majority/Corporate Law Firms newsletter, Winter 1996
· Co-Author, "How to Avoid Unnecessary Legal Setbacks on Your Tax Lien Transaction," Asset Securitization & Bulk Sale of Municipal Tax Liens: Strategies for Converting Your Municipal Tax Liens into Instant Revenue, seminar sponsored by the National Tax Lien Association, Boston, Massachusetts, March 26, 1997
Selected Speaking Engagements
· Moderator, "Inner-City Commercial Development Opportunities and Funding," Philadelphia, April 16, 1998
· Panelist, "Leveraging Your Diversity," Philadelphia, April 5, 2008