Housing Finance

Ballard Spahr’s housing finance attorneys help navigate legal and related business issues in transactions nationwide, encompassing all types of construction, bridge, revolving, and permanent financing.

Our housing finance attorneys handle housing and community development transactions across the country. With vast experience in both taxable and tax-exempt lending structures, we represent real estate development, finance, and investment firms. We also represent commercial banks, other mortgage banking institutions, bond issuers, and underwriters.

Our attorneys draw on their skills in real estate and finance to advise on housing and community development projects. Our experience includes acquisition, rehabilitation, and refunding loans, in addition to construction financing. We also assist clients with loan assumptions, distressed asset advice, and default resolution.


We have been involved in nearly every type of housing transaction. Representative matters include:

  • Assisted in the restructuring and refinancing of eight Freddie Mac and Fannie Mae loans in excess of $91 million for a senior housing and post-acute care provider
  • Represented a community development financial institution in permanent financing for a charter school facility in Chicago
  • Represented a Fannie Mae lender in a $182 million loan for a multifamily property in San Jose, California
  • Represented nine Freddie Mac and Fannie Servicers in a transfer of interest portfolio of 41 loans to a public REIT sponsor that comprised, in the aggregate, over $500 million of indebtedness