Terance Walsh is an associate in Nixon Peabody’s Public Finance group. He primarily represents industrial development agencies, local development corporations and other municipal bond issuers, as well as lenders and underwriters, in tax-exempt bond and leaseback transactions.
I represent industrial development agencies in numerous leaseback transactions that provide abatements in real property tax and exemptions from mortgage recording and sales tax to incentivize economic development and capital investment in communities. My work on these transactions extends from the initial application and public approval process to document drafting, negotiation, and closing and, finally, to the winding down of the transaction at the conclusion of its term. I also have extensive experience counseling industrial development agencies on compliance issues.
As bond counsel for local development corporations and other municipal bond issuers, I have worked on bond financings for many nonprofits. My work on these transactions has helped health care providers, continuing care retirement communities, charter schools, institutions of higher learning and many other nonprofit organizations access tax-exempt capital so they can focus on and carry out their charitable missions.
I have significant experience as underwriter’s counsel and disclosure counsel in connection with affordable housing, infrastructure, and general obligation financings. In this capacity, I have assisted clients with due diligence reviews and disclosure drafting required for the sale of securities.
Local communities and state organizations will continue to have the ability to use tax incentives and tax-exempt financings to encourage and spur job growth and the development of healthy and productive communities. I will use my experience to help clients put these incentives into effect.
06.05.20 | Webinar
05.28.20 | Webinar
Syracuse University College of Law, J.D.
Syracuse University, B.A., cum laude