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.
Kevin C. Fleming
BB&D represented Quaker Window Products Co. (Freeburg, MO), a leader in the window and door industry since 1949, in closing real estate transactions and helping coordinate state and local incentives related to its $65 million planned expansion in Eldon, Missouri. The initial phase of the project includes the acquisition of more than 100 acres in […]
BB&D represented PermaSeal USA and its affiliated entities with the acquisition and leasing of its new corporate headquarters facility in Chesterfield, Missouri. BB&D attorneys Kevin Fleming, and Rob Brandt handled all aspects of the transaction including acquisition, corporate formation, affiliated leases and lease modifications with existing tenants. BB&D congratulates PermaSeal USA on its continued growth and […]
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 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 […]
BB&D Member Kevin Fleming has been named to St. Louis Small Business Monthly magazine’s 2018 list of Top Small Business Lawyers.
In early 2017, BB&D attorneys represented international product filling supplier Fairfield Processing Corporation (Fairfield, Connecticut) in all aspects of leasing and redeveloping a 300,000-square-foot filling and packaging facility in north St. Louis City. In addition to the leasing and construction of the facility, the effort included negotiating incentives from the Enhanced Enterprise Zone Board of […]
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 […]