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Michael Petersilia focuses his practice on the purchase, sale and financing of multifamily residential rental housing developments and continuing care retirement communities, with an emphasis on properties financed with tax-exempt bonds. He has represented borrowers, asset managers, public agencies, nonprofits, lenders, trustees and credit enhancers. His lender representation has included agency lenders underwriting tax-exempt bond credit enhancements for Fannie Mae and Freddie Mac, as well as lenders acquiring tax-exempt bonds for their own account. His experience also includes securitizations of tax-exempt bond financed real properties using limited partnerships and trusts, interest rate swaps, the federal income tax aspects of tax-exempt bonds and related issues, including refundings and reissuances of tax-exempt bonds. Mr. Petersilia also has considerable experience in transactions utilizing low-income housing tax credits under section 42 of the Internal Revenue Code. He has negotiated and drafted numerous partnership and limited liability company agreements and advised clients on the federal income tax aspects of such entities. Education J.D., University of Virginia School of Law, 1983 M.S., Massachusetts Institute of Technology, 1972 B.S.C.E., Virginia Tech, 1970 Bar Admissions Texas, 1984 Professional History Partner in the law firm of Locke Liddell & Sapp Professional Affiliations Member, National Association of Bond Lawyers Member, State Bar of Texas Member, Dallas Bar Association. | 