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The Shoreway Takes Shape

Jessica Nelson | Properties – Northeast Ohio | March 2015

“What was even more challenging, however, was the fact that the historic tax credit was at a near standstill at the time we were looking for state and federal tax credit investors in the summer of 2013”, says Nick Catanzarite, a partner at Walter Haverfield LLP, whose firm guided the ownership group through the complex tax credit structure. Ultimately, the project qualified for $4 million in state and federal historic preservation tax credits”