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.
District of Columbia
Boston College Law School, J.D., cum laude
Haverford College, B.A.
This article mentions NP for advising Beacon Communities in a complex financing deal that will transform a former school just north of Boston into senior and arts-focused affordable housing. The article notes this is the first time an affordable housing deal in Massachusetts utilized American Rescue Plan Act (ARPA) funding. Washington, DC Affordable Housing & Real Estate partner and General Real Estate & Transactional team leader Dara Histed led the NP team, which also included New York City Project Finance & Public Finance counsel Barry Rothchild; and Boston counsel Karla Chaffee, Washington, DC associate Jamie Flesch, and Boston paralegal Vienna Kim, all of the Affordable Housing & Real Estate practice.
Boston Affordable Housing & Real Estate partner Julie Stande is quoted in this article highlighting the firm’s work advising Providence Realty Investment in the refinancing of its Rhode Island affordable housing portfolio. Julie led the NP deal team, which also includes Washington, DC partner and General Real Estate & Transactional team leader Dara Histed, Boston associates Ali Sisson and Jason Kim, and Boston paralegal Vienna Kim, all of the Affordable Housing & Real Estate practice.
This article highlights the firm’s work advising client Providence Realty Investment in the refinancing of its Rhode Island affordable housing portfolio. The article mentions the NP deal team, which was led by Boston partner Julie Stande and included Washington, DC partner and General Real Estate & Transactional team leader Dara Histed, Boston associates Ali Sisson and Jason Kim, and Boston paralegal Vienna Kim, all of the Affordable Housing & Real Estate practice.
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.
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