Steve is a partner and former chair of the firm's Tax, Benefits & Compensation Department and has served on various management and compensation committees. He has more than 35 years of experience providing tax and business advice, especially for partnerships and other pass-through entities, including numerous private equity funds. He divides his practice between providing tax support for business law clients and representing developers, syndicators, and investors in real estate developments using federal and state tax credits and other tax incentives.
Steve has served as a visiting lecturer in real estate taxation and finance at Yale Law School and as an instructor in the Boston University Graduate Tax Program. He is also a former chair of the Committee on Real Estate of the American Bar Association Section of Taxation. Steve currently serves on the National Housing & Rehabilitation Association's Board of Directors as a result of his leadership in the affordable housing industry. In addition to his law degree, he has an L.L.M in Taxation. Steve has been included in the Massachusetts Super Lawyers listing since 2006 by Thomson Reuters, and in the Best Lawyers in America publication since 2009, for his work in Tax Law.
•Tax credit counsel for the historic rehabilitation of The Waltham Watch Factory in Waltham, MA.
•Represented low-income housing tax credit investors and syndicators in 80-20 projects in Newton, Massachusetts and in New York City.
•Represented historic tax credit investor in mill properties in Rhode Island.
•Represented the Boston Conservatory in the new markets tax credit financing of a new performing arts center.
•Served as tax counsel in the acquisition and syndication of Castle Square, Mission Park and the Victoria/Viviendas Apartments, some 1,700 apartments in Boston's theatre district, Longwood Medical and South End Neighborhoods.
•Served as tax counsel for various investments by private equity funds in portfolio companies, especially portfolio companies organized as pass-through entities.
Dudley Square Center
As longstanding bond counsel to the City of Boston, MA Edwards Wildman served in that capacity and as NMTC counsel for the 2012 financing of a 175,000 square foot state-of-the-art facility in the former Ferdinand's building to be leased to the City of Boston, which plans to relocate the Boston School District administrative offices to the project upon completion.
Edwards Wildman Spearheads the Closing of One of the First Tax Credit Financings Closed Under the New IRS “Safe Harbor” for Rehabilitation Tax Credit Transactions
As special tax credit counsel, a team of Edwards Wildman lawyers spearheaded the closing of the tax credit financing for the rehabilitation of the former Worcester Telegram & Gazette complex utilizing a combination of new markets and rehabilitation tax credits.
Edwards Wildman Closes Financing for Boston's Parcel 24 Project
Edwards Wildman represented a joint venture of the Asian Community Development Corporation and New Boston Fund in the development permitting, tax credit syndication, real estate matters, and construction loan financing for the Parcel 24 project, a 312 unit residential, mixed-income development to be constructed in Boston's Chinatown.
Bank's Construction Loan with Low Income Housing Tax Credit and AFP Funds
Our Real Estate and Tax lawyers represented a major bank in connection with a construction loan for 38 units in 18 buildings of affordable housing for Marshfield Commons in North Smithfield, Rhode Island.