Jones Day Adds Three Real Estate Finance and Tax Credit Partners

Douglas R. Banghart, Jeffrey D. Gaulin, and John D. Kelley, three practitioners of real estate finance and federal and state tax credit law, have joined global law firm Jones Day. They are partners in the Boston office.

They were previously partners at Holland & Knight.

Associates Patrick J. Cronin, Sameer Patel, and Brian D. Hern accompanied them, with Patel working in Jones Day's Chicago Office.

Banghart practices in the area of state and federal tax credit syndication, partnership taxation, and nonprofit organizations. He has represented major institutional investors, developers, local governments, community development entities (CDEs), and nonprofit organizations, primarily in real estate redevelopment projects. He has extensive experience in closing New Markets Tax Credit leverage fund transactions.

Gaulin focuses on structuring transactions involving historic rehabilitation, New Markets, and state tax credits. He represents major institutional investors, developers, CDEs, and nonprofit organizations in projects that utilize a combination of various tax credits and other financing sources, including mixed-use real estate developments, hotels, commercial real estate projects, and renewable energy facilities.

Kelley concentrates on tax and business transactions with an emphasis on real estate syndication, partnership law, and equity financing of partnerships, limited liability companies, and corporations. He has significant experience in representing institutional investors, syndicators, and developers in tax credit and incentive transactions, including federal and state low-income housing, New Markets, and federal energy tax credit investments. He also has experience representing major banks and other financial institutions in real estate financing transactions, including acquisition, construction, and permanent financing of multifamily projects throughout the United States.

OHFA Names Chief of Staff

Sean Thomas has been promoted to chief of staff at the Ohio Housing Finance Agency.

Thomas joined the agency in 1993 and has recently served as director of planning, preservation, and development.  He received a bachelor’s degree in economics and political science from the University of Rochester. Thomas also earned a certification from the National Development Council in multifamily housing development finance.

MVE Hires Principal

Marios Savopoulos has joined MVE & Partners, a leading architecture planning and design firm, as a principal. He will lead the development of MVE’s mixed-use placemaking studio, joining more than 100 professionals in the firm’s Irvine, Calif., headquarters.

Prior to joining MVE & Partners, Savopoulos served as senior principal at Perkowitz + Ruth Architects, where he founded the P + R Placemaking Studio. He earned his bachelor of architecture degree with honors from the University of Texas at Austin.

MVE is a leading multifamily architecture firm experienced in designing luxury residential, senior, student, and affordable housing.