Rudy Salo serves as counsel on a broad range of community impact financings involving governmental entities, transportation systems, educational institutions, cultural institutions, and entertainment venues. His practice includes advising lenders in structuring various lending facilities throughout California and the United States, often involving real estate or other collateral. He also has experience advising new mobility companies.
I have significant experience representing commercial banks in providing credit and liquidity facilities in support of tax-exempt and taxable municipal securities, as well as representing those banks in the direct purchase of privately placed debt and the negotiation of revolving credit agreements and other lending solutions. I also advise on the various real estate issues that arise in connection with transactions that use real estate as collateral. I have represented numerous banks throughout the country in such transactions, including in California, Nevada, New York, Massachusetts, Washington, Arizona, Oregon and New Mexico.
My work also involves financings related to transportation, including significant experience in funding transportation projects with a variety of funding sources. These projects include serving as underwriter’s counsel on numerous Bay Area Toll Authority toll road financings; serving as disclosure counsel to the State of Nevada in connection with its highway revenue bonds; representing the San Mateo County Express Lanes Joint Powers Authority in connection with the financing of the Highway 101 Express Lanes Project; representing banks in providing credit facilities and loans to various transit agencies, including the Riverside County Transportation Commission, the San Diego Regional Transportation Commission, Victor Valley Transit Authority and the San Luis Obispo Regional Transit Authority; representing the USDOT as a lender in the financing of the extension of the 91 Express Lanes into Riverside County, California; the Dallas Area Rapid Transit’s Orange Line extension to Dallas-Fort Worth Airport; the financial restructuring of the South Bay Expressway (State Road 125) toll road in Southern California upon its emergence from bankruptcy; and the sale and financing of the sale of State Road 125 to the San Diego Association of Governments.
I have significant experience in both short- and long-term financings for school districts, community college districts, private schools and universities throughout the country. These financings include serving as bond counsel, underwriter’s counsel, disclosure counsel and lender’s counsel in the issuance of general obligation and revenue bonds as well as direct placements/loans.
I see changes needed in how to finance transportation projects throughout the country, including the infrastructure needed to accommodate driverless car technology. I also see continuing opportunities for municipalities and nonprofits to combine a variety of private, local, statewide and federal funding sources to progress various public improvement projects, including the expansion of the use of bank facilities.
Georgetown University Law Center, J.D.
University of California, Los Angeles, B.A., magna cum laude
Rudy Salo is a member of the National Association of Bond Lawyers, the Los Angeles County Bar Association, a board member the Arab American Lawyers of Southern California and the American Bar Association.
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