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Michael Valinetz
Michael Valinetz
 
Email Michael A. Valinetz
Phone: 317.860.5307 vcard
Contact
Michael.Valinetz@WoodenMcLaughlin.com
(317) 860-5307 (Direct)
(317) 639-6444 (Fax)

211 North Pennsylvania Street
One Indiana Square, Suite 1800
Indianapolis, IN 46204
Legal Secretary
Traci Samsel
Traci.Samsel@WoodenMcLaughlin.com
Education
Indiana University-Bloomington, B.A. in Economics and Political Science, 2005
Indiana University Robert H. McKinney School of Law, J.D., 2008
Hobbies
Golf
Tennis
Racquetball
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Michael A. Valinetz
Partner

Mike focuses his practice in the areas of real estate finance and real estate development.   Mike represents developers and lenders in commercial, industrial, retail, senior housing and multi-family housing transactions. A significant portion of Mike’s practice involves debt financing for affordable housing projects that are also financed with low income housing tax credits, tax exempt bonds, and various other funding sources available for affordable housing including HOME funds, CDBG funds and AHP funds.   Mike has substantial experience with all FHA-insured and Rural Housing Service guaranteed multifamily financing programs, as well as multifamily loans purchased by Fannie Mae.  Mike also regularly represents banks in connection with short term “bridge” loans intended to be refinanced with long-term permanent loans to ensure that projects comply with programmatic requirements of the applicable permanent financing sources. 

In 2015, Mike represented lenders in connection with transactions with an aggregate monetary value of approximately $320 million, including the following transactions: 

FHA-Insured Construction Financing

  • Approximately $30 million financing for the construction of an apartment project pursuant to Section 221(d)(4) of the National Housing Act and an approximately $15 million tax credit equity bridge loan, also financed with the proceeds of 4% low income housing tax credits and tax exempt bonds.
  • Approximately $27 million financing for the construction of an apartment project pursuant to Section 221(d)(4) of the National Housing Act and an approximately $6 million tax credit equity bridge loan, also financed with the proceeds of 4% low income housing tax credits and tax exempt bonds.
  • Approximately $12 million financing for the rehabilitation of an apartment project pursuant to the Pilot Program under 223(f) of the National Housing Act and an approximately $3 million tax credit equity bridge loan, also financed with the proceeds of 4% low income housing tax credits and tax exempt bonds.

FHA-Insured Permanent Financing

  • Approximately $40 million refinancing of an apartment project pursuant to Section 223(f) of the National Housing Act.
  • Approximately $17 million refinancing of an apartment project pursuant to Section 223(f) of the National Housing Act.

Bank Financing

  • Approximately $9 million financing for the construction of an apartment project, also financed with the proceeds of 9% low income housing tax credits, IHCDA Affordable Housing and Community Development Funds, and Affordable Housing Program (AHP) Funds.
  • Approximately $4 million financing for the construction of an apartment project, also financed with the proceeds of 9% low income housing tax credits, IHCDA Affordable Housing and Community Development Funds, Affordable Housing Program (AHP) Funds and HOME Funds.
  • Approximately $26 million mini-permanent financing of a mixed use apartment and retail project.
  • Approximately $32 million short term “bridge” financing intended to be refinanced with a FHA-insured Section 223(f) loan.

 

Michael A. Valinetz - Partner

Practice Areas
  • Banking & Financial Institutions
  • Commercial Real Estate Leasing
  • Creditors' Rights & Liabilities
  • Mortgage Banking & Brokerage
  • Real Estate Development
  • Real Estate Finance
Industries Served
  • Financial Institutions & Services
  • Multi-family & Affordable Housing
  • Real Estate Construction & Development
Professional Profile

Mike focuses his practice in the areas of real estate finance and real estate development.   Mike represents developers and lenders in commercial, industrial, retail, senior housing and multi-family housing transactions. A significant portion of Mike’s practice involves debt financing for affordable housing projects that are also financed with low income housing tax credits, tax exempt bonds, and various other funding sources available for affordable housing including HOME funds, CDBG funds and AHP funds.   Mike has substantial experience with all FHA-insured and Rural Housing Service guaranteed multifamily financing programs, as well as multifamily loans purchased by Fannie Mae.  Mike also regularly represents banks in connection with short term “bridge” loans intended to be refinanced with long-term permanent loans to ensure that projects comply with programmatic requirements of the applicable permanent financing sources. 

In 2015, Mike represented lenders in connection with transactions with an aggregate monetary value of approximately $320 million, including the following transactions: 

FHA-Insured Construction Financing

  • Approximately $30 million financing for the construction of an apartment project pursuant to Section 221(d)(4) of the National Housing Act and an approximately $15 million tax credit equity bridge loan, also financed with the proceeds of 4% low income housing tax credits and tax exempt bonds.
  • Approximately $27 million financing for the construction of an apartment project pursuant to Section 221(d)(4) of the National Housing Act and an approximately $6 million tax credit equity bridge loan, also financed with the proceeds of 4% low income housing tax credits and tax exempt bonds.
  • Approximately $12 million financing for the rehabilitation of an apartment project pursuant to the Pilot Program under 223(f) of the National Housing Act and an approximately $3 million tax credit equity bridge loan, also financed with the proceeds of 4% low income housing tax credits and tax exempt bonds.

FHA-Insured Permanent Financing

  • Approximately $40 million refinancing of an apartment project pursuant to Section 223(f) of the National Housing Act.
  • Approximately $17 million refinancing of an apartment project pursuant to Section 223(f) of the National Housing Act.

Bank Financing

  • Approximately $9 million financing for the construction of an apartment project, also financed with the proceeds of 9% low income housing tax credits, IHCDA Affordable Housing and Community Development Funds, and Affordable Housing Program (AHP) Funds.
  • Approximately $4 million financing for the construction of an apartment project, also financed with the proceeds of 9% low income housing tax credits, IHCDA Affordable Housing and Community Development Funds, Affordable Housing Program (AHP) Funds and HOME Funds.
  • Approximately $26 million mini-permanent financing of a mixed use apartment and retail project.
  • Approximately $32 million short term “bridge” financing intended to be refinanced with a FHA-insured Section 223(f) loan.

 

Bar and Court Admissions
  • Admitted to the Indiana Bar and U.S. District Courts for the Southern and Northern Districts of Indiana
Education
  • Indiana University-Bloomington, B.A. in Economics and Political Science, 2005
  • Indiana University Robert H. McKinney School of Law, J.D., 2008
Professional Associations & Achievements
  • American and Indiana State Bar Associations
  • Named an Indiana Super Lawyer ® Rising Star 2014, 2015, and 2016
  • Member of the Mortgage Bankers Association, Midwest Lenders Association, and Eastern Lenders Association
  • Member of the Indiana Affordable Housing Council
  • Member of the Affordable Housing Association of Indiana
  • Member of the Indiana Apartment Association
  • Member of the Urban Land Institute
Hobbies
  • Golf
  • Tennis
  • Racquetball

Practice Areas
Banking & Financial Institutions
Commercial Real Estate Leasing
Creditors' Rights & Liabilities
Mortgage Banking & Brokerage
Real Estate Development
Real Estate Finance
Industries Served
Financial Institutions & Services
Multi-family & Affordable Housing
Real Estate Construction & Development
Bar & Court Admissions
Admitted to the Indiana Bar and U.S. District Courts for the Southern and Northern Districts of Indiana
Professional Associations & Achievements
American and Indiana State Bar Associations
Named an Indiana Super Lawyer ® Rising Star 2014, 2015, and 2016
Member of the Mortgage Bankers Association, Midwest Lenders Association, and Eastern Lenders Association
Member of the Indiana Affordable Housing Council
Member of the Affordable Housing Association of Indiana
Member of the Indiana Apartment Association
Member of the Urban Land Institute