Terance V. Walsh

Terance Walsh is an associate in Nixon Peabody’s Public Finance group. He primarily represents industrial development agencies, local development corporations and other municipal bond issuers in tax-exempt bond and leaseback transactions. What do you focus on? Industrial Development Agencies I represent industrial development agencies in numerous leaseback transactions that provide abatements in real property tax and exemptions from mortgage recording and sales tax to incentivize economic development and capital investment in communities. My work on these transactions extends from the initial application and public approval process to document drafting, negotiation, and closing and, finally, to the winding down of the transaction at the conclusion of its term. I also have extensive experience counseling industrial development agencies on compliance issues. Tax-Exempt 501(c)(3) Bond Financings As bond counsel for local development corporations and other municipal bond issuers, I have worked on bond financings for many nonprofits. My work on these transactions has helped health care providers, charter schools, institutions of higher learning and many other nonprofit organizations access tax-exempt capital so they can focus on and carry out their charitable missions.