Dara Newman Histed represents developers, landowners, and investors in commercial real estate transactions. Her clients execute transactions ranging from complex tax credit and affordable housing deals, to market-rate housing transactions, both involving joint ventures, development agreements, acquisitions, financings, and refinancings. Her practice is focused on Massachusetts and the Washington DC area.
I work with developers and owners on all aspects of acquiring, financing and developing multifamily housing. I recently worked with a developer to recapitalize and rehabilitate a 967-unit affordable apartment complex in Boston, Massachusetts. As another example, I work closely with the country’s largest apartment owner to sell its investments in affordable housing communities financed with low-income housing tax credits (LIHTCs).
I work with developers and institutional investors to draft and negotiate joint venture agreements for companies that are acquiring, developing, and operating multifamily properties across the country, some located within opportunity zones.
I represent landowners and developers with their general real estate transactions and assist on all aspects of real estate sales or acquisitions, including negotiating purchase and sale agreements and loan documents as well as managing the due diligence review process.
Another important part of my practice is land use and permitting work for buildings of all sizes. In one recent project, I helped obtain the needed permits and approvals to construct a market-rate apartment building in the Boston area.
The Massachusetts governor is aiming to produce 10,000 multifamily housing units annually through 2020, especially dense developments near urban centers and public transportation. I am excited to work with the developers creating these units, helping the Commonwealth retain its talented young residents and provide housing for its aging population.
Washington Business Journal | January 20, 2022
This article on client Jair Lynch Real Estate Partners’ $105.5M acquisition of a Loudon County, Virginia apartment complex mentions NP for serving as Jair Lynch’s legal counsel. The deal team includes Washington, DC Affordable Housing & Real Estate partners Colette Dafoe and Dara Newman Histed and associate Jamie Greenfield. Washington, DC Complex Commercial Disputes partner Le Dolan has played an integral role in developing the client relationship.
The Deal | July 15, 2021
In two separate articles, the publication highlighted the firm for advising American International Group, Inc. in the pending sale of a $5.1 billion affordable housing portfolio to Blackstone Real Estate Income Trust. Washington, DC Community Development Finance partner Liz Young is noted in one of the stories for leading the NP deal team.
In addition to Liz, the NP team includes Affordable Housing & Real Estate partner Dara Histed, Project Finance & Public Finance partner Carla Young, Community Development Finance senior counsel Jeff Lesk, and Corporate partner John Partigan, all of Washington, DC; Global Finance partner Amanda Darwin, Affordable Housing & Real Estate associates Julie Stande and Ali Walendziak, and Community Development Finance associate Nury Aguasvivas, all of Boston; Affordable Housing & Real Estate associate Emily Schwebke and Project Finance & Public Finance resident attorney Jacalyn Smith, both of Chicago; Manchester Affordable Housing & Real Estate associate Talia Burghard; Long Island Affordable Housing & Real Estate paralegal Lori Esposito; and Los Angeles Corporate paralegal Mina Gonzaque-Taylor.
Affordable Housing Finance | February 10, 2020
This roundup of personnel moves in the affordable housing space highlights the promotions of Los Angeles Community Development partner Sonia Nayak, Washington, DC, Affordable Housing and Real Estate partner Dara Newman Histed, and New York City Affordable Housing and Real Estate partner Dana Roper, all of whom officially joined the NP partnership this month.
The Deal | February 04, 2020
This column of notable executive moves in the legal industry included a write-up on the promotion of Nixon Peabody’s 2020 new partner class: Laura Bacon, Shariff Barakat, Katie Baynes, Robert Fisher, Kimberly Harding, Brian Mahoney, Sonia Nayak, Dara Newman Histed, Morgan Nighan, Chris Porzio, Rachel Pugliese, Dana Roper, and Peter Trimarchi.
Reuters Legal | February 03, 2020
This roundup of personnel moves in the legal industry highlights the 13 members of Nixon Peabody’s 2020 new partner class: Laura Bacon, Shariff Barakat, Katie Baynes, Robert Fisher, Kimberly Harding, Brian Mahoney, Sonia Nayak, Dara Newman Histed, Morgan Nighan, Chris Porzio, Rachel Pugliese, Dana Roper and Peter Trimarchi.