As part of the Tax Cuts and Jobs Act of 2017, Congress designated certain Qualified Opportunity Zones to encourage new investment in economically-distressed communities through tax incentives. Opportunity Zone investments are intended to infuse new capital, development and economic growth in such Opportunity Zones. To date, the U.S. Treasury Department has issued two sets of guidance and proposed regulations regarding this developing tax incentive.
Bridget Monroig Nave
BB&D recently represented Gold Block Ventures (Denver, CO) in its acquisition and financing of a multi-family apartment development in St. Charles, Missouri that includes over 150 current units and over 60 planned additional future units. BB&D is proud to assist Gold Block Ventures in its continued expansion in the St. Louis market. Kevin Fleming led the […]
BB&D represented the owners of a national revenue analytics firm operating in the healthcare space in the sale of all of their membership interests in the firm to a strategic buyer for aggregate consideration anticipated to exceed $14 million. BB&D attorneys Rob Brandt, Bridget Nave, Scott Smithson and Leigh Goucher handled all aspects of the transaction.
BB&D represented Blackbird Group LLC in its acquisition of The Power-Sonic Corporation, a San Diego-based provider of battery and power supply solutions with operations in the United States, Mexico, the United Kingdom and France. BB&D attorneys Richard Rothman, Kevin Fleming, Bridget Nave, Rob Brandt, and Scott Smithson handled all aspects of the transaction, which was […]
BB&D recently represented a developer in the purchase and construction financing of a contemplated new 106-unit student housing complex in Springfield, Missouri. The $20 million project in downtown Springfield is anticipated to open in summer 2019. BB&D attorneys Kevin Fleming, Bridget Nave and Scott Smithson handled all aspects of the transaction (including governmental approvals, private […]
Member Bridget Nave will speak at an upcoming National Business Institute (NBI) seminar entitled “A 2-Day Practical Course – Estate Planning and Administration: The Complete Guide” in St. Louis on August 10 and August 11, 2017. Bridget will offer insights on Common Trust Structures and When They’re Used and Transfers During Life and Inter-Vivos Trusts (including Beneficiary Designations, Titling Assets, Gifting Approaches, Tax Effects of Asset Transfers During Life, Top Creditor Protection Approaches, Planning for Real Estate and Types and Functions of Common Living Trusts).
Effective January 1, 2017, BB&D promoted St. Louis attorneys Bridget M. Nave and Jason Turk to Members. Bridget’s practice areas include tax, estate planning and corporate transactions. Jason’s practice areas include commercial litigation and tax appeals.
BB&D attorneys represented a privately held company, its owners and affiliates in connection with the adoption of an ESOP and sale of 100% of the company’s outstanding stock to the ESOP. BB&D’s representation covered all aspects of the transaction, including reorganization of the company and its affiliates, financing, issuing warrants, executive employment contracts and bonus […]
BB&D attorneys represented Seneca Medical LLC, a subsidiary of national healthcare distributor Concordance Healthcare Solutions LLC, in connection with the November 1, 2016 sale and leaseback of four existing distribution and office facilities and build-to-suit financing for one new facility. The total sale price exceeded $38 Million and each of the properties was located in […]
BB&D attorneys represented Koch Development and its affiliates in an $18 Million private securities offering of equity. Koch Development intends to use the funds to develop three SkyWheel® amusement attractions at three popular destinations. BB&D’s representation of the sponsor covered all aspects of the offering including the private placement documentation and structuring the organizational documents […]