Thane assists clients with structuring new markets tax credits financings, including upper-tier lending arrangements, direct and indirect credit enhancement of lower-tier borrowing arrangements and unique lower-tier equity financing.

Biography – View PDF Bio

Associations

Bar Admissions

  • Colorado, 1981
  • Kansas, 1978
  • U.S. Tax Court

Education & Honors

  • Georgetown University, LL.M., Taxation, 1979
  • Washburn University, J.D., 1977
  • University of Kansas, B.A., Political Science, cum laude, 1975
    • Phi Beta Kappa
    • Summer Field Scholar

Experience

  • Represents real estate investment trust in connection with structuring of operations, compliance with federal income tax requirements and monetization of assets.
  • Represents real estate investment trusts in connection with a variety of secured debt financings including those involving vehicles such as REMICs.
  • Served as special tax counsel to REITs in connection with a variety of complex federal income tax matters including structuring investments to comply with the various federal income tax requirements applicable to REITs. 
  • Assists clients with structuring new markets tax credits financings, including upper-tier lending arrangements, direct and indirect credit enhancement of lower-tier borrowing arrangements and unique lower-tier equity financing.
  • Structure financings which incorporate multiple forms of subsidy, particularly using new markets tax credits and energy or rehabilitation credits.
  • Prepare guidelines regarding the qualification of new markets tax credit financings for the benefit of targeted populations in addition to traditional low-income communities.
  • Minimize the current tax impact and facilitate the raising of additional capital when structuring complex transactions.

Papers, Presentations, & Publications

  • ​Co-Author, "Financing School Construction: The Tax Consequences of Stripping," Municipal Finance Journal, Vol. 30, No. 02, Summer 2009, pp.71-80(10).