Jacalyn Smith

Jacalyn Smith

Jacalyn Smith is a resident attorney in our Project Finance and Public Finance group, serving as counsel to nonprofit borrowers, underwriters, and banks in connection with tax-exempt and taxable financings to hospitals, health care facilities, and educational institutions.

What do you focus on?

I represent a wide variety of clients on financing transactions for health systems, charter schools, colleges and universities, cultural institutions, and other nonprofit entities. I assist with reviewing a variety of documents as part of due diligence, drafting offerings and memoranda, and researching complex legal issues.

What do you see on the horizon?

I will be closely monitoring developments with respect to the rating systems of nonprofit entities in the areas of health care and education and the opportunities to pursue taxable and tax-exempt bond financing in the wake of the global pandemic.

Deal diary-Blackstone and KKR chalk up more insurance investments

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.


Jacalyn Smith

Resident Attorney


Phone: 312-977-4388

Fax: 312-977-4405

Loyola University Chicago School of Law, J.D., cum laude

DePaul University, M.A., with Distinction

Loyola University Chicago, B.A., magna cum laude


  • Three-time CALI Excellence for the Future Award Recipient
    • Illinois State Bar Association
    • Illinois Association of Healthcare Attorneys
    • National Association Bond Lawyers
    • Women in Public Finance
    • Women’s Bar Association of Illinois
    Back to top