Jeffrey H. Gelman

Jeffrey Gelman
Experience

Multi-Family, Condominium and Mixed-Use Projects

Jeff has represented condominium and apartment developers in several hundred new and rehabilitation market-rate and affordable projects, including mixed-use projects. His experience includes not only counseling on the transactions needed to launch these projects but also advice on land use regulation, regulatory compliance, affordable housing programs, covenants and restrictions, due diligence, risk mitigation, financings, real property taxation, leasing and management.

Select projects include:

  • The Parks at Walter Reed (60 acre redevelopment at former Walter Reed Medical Army Base)
  • The Stacks (Buzzard Point) (2.1M sq ft new development of 8 towers in two phases)
  • Armed Forces Retirement Home (80 acre development)
  • Gallery Place (located over Gallery Place metro center) 
  • Columbia Residences (former Columbia Women's Hospital) 
  • City Vista (former DC wax museum) 
  • CityCenterDC (former convention center site) 
  • Progression Place (national headquarters of UNCF/located over Shaw-Howard U metro station) 
  • Georgia Commons (organic grocery store and affordable housing) 
  • Yale Steam Laundry East and West (condominium and apartments) 
  • Jefferson at Market Place (formerly Kelsey Gardens) 
  • The Griffin (former Avenue of the Arts Building in downtown Philadelphia) 
  • Fenton Street Project (residential and church development, Silver Spring, Maryland) 
  • Hine School Project near Eastern Market 

Additional Commercial Projects

Jeff has represented office, retail and hotel developers in dozens of mixed-use commercial projects. His work on these projects included transactional counseling as well as advice on land use regulation, regulatory compliance and due diligence, risk mitigation and financings.

Select projects include:

  • Harbourside (Georgetown office and residential) 
  • Jenkins Row (retail and residential) 
  • Washington Hilton/The Hepburn Apartments (hotel and residential) 
  • Ballpark Square/First (hotel, retail and residential) 
  • 1430 K, 1510 H and 111 K Streets office condominiums 
  • Constitution Square (apartments, retail, office, grocery and hotel) 
  • Bethesda, Maryland Office Building Condominium 
  • Marriott Marquis Convention Center Hotel (local lender's counsel) 
  • Waldorf Astoria/Luxury Condominium – Miami (developer’s counsel) 

Real Estate financing

Jeff has closed financings in all 50 states, the District of Columbia and Puerto Rico. Commercial banks, community banks and mortgage companies are among the clients he has represented in these transactions. Lenders and investors from Holland, Germany, Ireland, Switzerland, Canada and the Middle East have sought his counsel.

The types of financing deals he has handled include:

  • Conventional construction and permanent financing 
  • Capital market executions/CMBS transactions 
  • Multifamily Fannie Mae, Freddie Mac, HUD/FHA, Ginnie Mae and VA programs 
  • Institutional and private equity investments 
  • Bond and tax credit financing and other government subsidy programs