Brett D. Siglin

Mr. Siglin focuses his practice on a broad range of business law matters involving corporate structuring, joint ventures, bond financing, syndication of equity, contract negotiation, regulation and compliance, tax credits, property tax exemptions, and real estate acquisition and development. He represents developers, lenders, investors, syndicators, real estate investment trusts, and other businesses and public sector entities. Mr. Siglin is experienced with utilizing federal and state Low-Income Housing Tax Credits (LIHTC) and tax-exempt bond financing to structure transactions; advising on debt and equity terms; negotiating development agreements and construction contracts; assisting with zoning and permitting; advising on compliance issues; counseling on state and local tax incentives; resolving complex tax issues; and providing wide-ranging federal and state tax advice.

Mr. Siglin served as an attorney advisor for the U.S. Department of Housing and Urban Development in Washington, D.C. for four years before entering private practice.

Admitted to Practice

• Arizona (2017)
• Minnesota (2017)
• District of Columbia (2007)
• Maryland (2006)
• Illinois (2003)

• Represented developers in the acquisition, financing, development, and operation of multiple 160+ unit assisted living facilities in Arizona and Minnesota
• Closed dozens of transactions nationwide involving the acquisition and development of properties through the utilization of tax-exempt bonds, tax credits, property tax exemptions and other advantageous financing vehicles
• Represented a private real estate equity firm in structuring and negotiating joint venture in connection with the acquisition, development, and financing of over 25 real estate venture nationwide
• Assisted several real estate management firms with the creation, structuring, negotiation, operation, and management of multi-investor and single investor private placement funds, raising over $250 million for investment in various assets throughout the western United States
• Closed 15 syndicated transactions on behalf of a fund investing in partnership for the development of projects across various states, which generated over $90 million in federal and state tax credits
• Consulted with a New York investment firm on behalf of a major Puerto Rican bank with respect to the management and restructuring of an asset portfolio worth $2 billion

Articles

• Author, “Opportunity Knocks,” Commercial Investment Real Estate Magazine (January/February 2019)
• Author, “Here Are the Tax Benefits Associated with Opportunity Zones,” AZ Big Media (September 2018)
• Author, “Combining FHA and other HUD Programs with Tax Credits,” ABA Journal of Affordable Housing and Community Development Law (2008)
• Contributing Author, Venture Capital Law Handbook (1999)

Blogs

• “Qualified Opportunity Zones: Newly Released Guidance by Internal Revenue Service (IRS),” Jennings Strouss Blog (April 2019)
• “New Tax Incentive for Development in Low-Income Communities, Part I,” Business Law Times (August 2018)

Presentations

• “New Qualified Opportunity Zone Incentive:  How It Can Benefit Your Community,” Arizona LeadingAge (May 23, 2019)
• “Qualified Opportunity Zones and Qualified Opportunity Funds,” Yuma County Seminar (May 8, 2019)
• “The Big Win-Win: How Investing in the Development of Underserved Communities Can Cut Your Tax Liability,” Enterprise University (May 7, 2019)
• “Qualified Opportunity Funds: I realized the capital gain. Now what?,” Prescott Commercial Realtor Group Meeting (May 2, 2019)
• Panelist, “1031 Exchanges and Opportunity Zones: Which One Should I Choose?” Maricopa County Bar Association (May 1, 2019)
• Panelist, “West Valley Opportunity Zone Forum,” WestMarc Seminar (February 28, 2019)
• Panelist, “Yavapai County Qualified Opportunity Zones Forum,” Yavapai County Seminar (February 27, 2019)
• Panelist, “Qualified Opportunity Zones in Southern Arizona,” Local Initiatives Support Corporation (LISC) (January 25, 2019)
• Panelist, “Qualified Opportunity Zone Discussion,” Law Firm Alliance (December 2018)
• Panelist, “Qualified Opportunity Zones Seminar,” Jennings, Strouss & Salmon (November 1st, 2018)
• “Qualified Opportunity Zones and Qualified Opportunity Funds,” Maricopa County Bar Association (October 25^th, 2018)
• Panelist, “Introduction to and Tips for Success in Transactional Practice,” Judicial Internship Opportunity Program (June 2018)
• Moderator, “15-Year Issues,” National Leased Housing Association Conference (2016)
• “Partnership Exit Strategies,” National Leased Housing Association Conference (2015)
• “Economic Substance Doctrine,” Virginia Housing Conference (2011)

National Leased Housing Association

American Bar Association

• Past Member, Partnership Committee Task Force