Andrew H. Tripp

My focus

I have a hybrid practice where I split my time between handling traditional real estate transactions like acquisitions, dispositions, leasing, financing, and development of all asset classes, and representing institutional tax equity investors in affordable housing and historic rehabilitation transactions. The great thing about my practice is that I can see a wide variety of real estate transactions from a number of different perspectives, risk tolerances, and ultimate investment objectives—and bring that experience to bear for different clients.

Representative experience

• Co-lead counsel to a national bank investor on its $172 million direct tax credit equity investment in the historic rehabilitation of the Old Chicago Post Office in downtown Chicago, Illinois
• Lead counsel to a national bank investor on its $92 million tax credit equity investment in the redevelopment and construction of the Edith Spurlock Apartments in Chicago, Illinois
• Advising a national developer on its forward sale of a 897,000-square-foot, two-building distribution facility to one of the nation’s largest pension funds, with follow-on $65 million construction loan financing (pending)
• Advising a national developer on its $27 million forward sale of a 95,000-square-foot industrial building to an institutional investor

Insights

• “Historic Tax Credit Basics,” IPED’s Historic Tax Credit Summit, Washington, DC, June 16, 2022