About Michael P. Murphy

Michael Murphy helps institutional lenders close deals and provide loans for affordable housing developments and complete their exit strategy through the securitization of the loans. Michael also assists lenders, debtors and investors in wind down or restructuring measures to maximize their positions with respect to defaulted loans. Michael has practiced in this area of law for 40 years, and his deep understanding of the specific transactional, insolvency and tax issues faced by lenders, debtors and investors makes all the difference for his clients.

Closing public finance transactions for 40 years

Navigating public finance transactions takes considerable skill, knowledge and insight. Moreover, it takes an understanding of the specific, unique issues that can arise in these transactions. For 40 years, Michael has closed public finance deals related to affordable housing developments. He understands the challenges that can arise, and he understands how to manage transactions in a way that preserves relationships and protects his clients' interests.

Michael represents government-sponsored enterprises and other financial institutions that provide credit enhancement and liquidity facilities, banks, private equity funds, investment banks and owners of facilities financed with tax-exempt bonds, including 501(c)(3) charitable organizations.

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Practice Focus

  • Closing public finance and real estate transactions involving affordable multifamily housing using tax-exempt financing, low-income housing tax credits and other forms of subsidy
  • Securitization of tax-exempt affordable multifamily housing loans
  • Affordable multifamily housing transaction issues related to regulatory agreements, HUD subsidies, ground leases, real estate tax abatement, condominium regime and multiple levels of subordinate debt

Representative Experience

  • Represented client in the financing which helped build the largest residential tower in Brooklyn, New York.
  • Represent client in financing a $2.3 billion tunnel rehabilitation and construction project in Virginia utilizing a public-private partnership structure.
  • Represented client in financing a $1.3 billion bridge in New York in 2012 and 2013 utilizing a public-private partnership structure.

News

Presentations and Events

Practices
Education
  • Fordham University School of Law, JD
  • Brown University, BA
Bar Admissions
  • District of Columbia
  • New York
  • Florida
Community Involvements
  • Bar Association of the District of Columbia
  • Florida Bar Association
  • National Association of Bond Lawyers
  • New York State Bar Association
Recognitions
Recognized or listed in the following:
  • Chambers USA
    Top Ranked, 2015
Award Methodologies