Noel B. Vales

Associate

  • Overview

    Biography

    Noel Vales focuses his practice on real estate finance and affordable housing finance. He is a member of the firm's Real Estate + Development Group.

    Real Estate Finance

    Mr. Vales handles commercial real estate transactions, with an emphasis on the representation of institutional lenders in complex structured financing transactions, including construction, conduit, interim, and permanent financings; mezzanine loans; and loan participations and syndications. He drafts and negotiates loan documents, conducts title work and related due diligence, and supervises closings. He has been involved in all aspects of multi-property, multi-state real estate finance transactions relating to hotel, casino, condominium, retail, office, and multi-family properties.

    Affordable Housing Finance

    Mr. Vales assists lenders with financing transactions for affordable housing projects throughout the country, including mortgage financings, tax-exempt bond transactions, bond credit enhancement, Fannie Mae and Freddie Mac executions, low-income housing tax credits (LIHTC), and government-subsidized mortgage lending programs.

    Mr. Vales has represented institutional equity investors and real property owners in over 25 closings relating to the construction, rehabilitation and/or operation of housing developments that utilize the federal low-income housing tax credit program and other government-assisted programs. He has drafted and negotiated limited partnership and limited liability company agreements involving equity investors, developers, and non-profit partners.

    Real Estate Transactions and Leasing

    Mr. Vales represents clients in connection with the acquisition and disposition of real property, involving single and multiple asset sales, including a portfolio consisting of 114 properties located in several states. He drafts and negotiates purchase option agreements, purchase and sale agreements, and conveyance documents, and assists clients through to the final closing. Mr. Vales also has extensive experience with representing landlords and tenants in the leasing of office, retail, and warehouse space, including drafting, negotiating and abstracting commercial leases, ground leases, subleases, lease amendments and settlement agreements.

    Prior to joining Robinson+Cole, Mr. Vales did real estate-related work at New York City-based law firms, and he has also worked as in-house counsel for banks and financial services companies.

  • Experience
    • Experience

      Experience

      • Represented borrower in connection with interim loan financing relating to a major shopping mall development in New Jersey. *

      • Represented energy company in real estate related matters in a M&A transaction to acquire an existing power company project in Maryland. *

      • Represented national home builder in the development of residential purchase and sale agreements and state specific addenda for use in 17 states and over 75 local divisions. * 

      • Negotiated assumption and release documentation relating to loan transfers on behalf of the asset management division of Fannie Mae. * 

      • Assisted commercial client with leasing approximately 4 million square feet of class “A” office space located in six high-rise buildings in New York City. *  

        * Attorney Vales was counsel in these representative matters before joining Robinson+Cole. 

    • Professional Associations

      Professional Associations

      Filipino American Lawyers Association of New York
      Board Member (2013 - present)
    • Community Involvement

      Community Involvement

      Philippine Development Foundation (PhilDev)
      Co-Chair, New York and Tri-State Area Committee (2010 - 2014)

      University of San Diego School of Law Alumni Association
      Board Member
  • NEWS + PRESS
    • News

      R+C News Releases

      • June 9, 2017

        Robinson+Cole Expands Affordable Housing and Real Estate Finance Practices in New York

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