David Cohan, the Managing Director of PeaksCo LLC, has closed on more than $1 billion in NMTC-enhanced capital for projects that include urban adaptive redevelopments, hotels, schools, community colleges, food cooperatives, historic mixed-use conversions, large-scale rural biomass energy plants, solar-energy arrays, paper mills, YMCAs, medical facilities, cultural and community centers, and a variety of other natural resource based manufacturing and energy production facilities.
Mr. Cohan has primarily focused on real estate finance, investment, development, acquisitions and portfolio asset management during his 40-year career. He has participated in real estate projects on behalf of institutional investors, REITs, developers, private equity firms, non-profit agencies, corporations, schools & colleges, government agencies and public municipalities. His real estate consulting experience encompasses major projects from Hawaii to Maine and internationally within the Eastern Caribbean.
Mr. Cohan has the experience and expertise to structure complex transactions that effectively combine complementary financing tools to make use of various federal and state tax credit programs, private equity, corporate & public bonds, government grants & loan guarantees, and tax increment financing (TIF) subsidies.
Mr. Cohan is a graduate of M.I.T.’s Center for Real Estate master’s degree program where he has also lectured and taught professional development institute classes on accessing capital and innovative financing strategies, focusing on tax credits and other cutting-edge tools.
He also was the sole NMTC consultant invited to participate on the professional panel "When Do You Need an NMTC Expert" at the Novogradac conference in San Diego (2018). Please click here to download the slide presentation from this informative panel to help you objectively evaluate when it may be helpful to have expert NMTC consulting assistance.
Mr. Cohan has primarily focused on real estate finance, investment, development, acquisitions and portfolio asset management during his 40-year career. He has participated in real estate projects on behalf of institutional investors, REITs, developers, private equity firms, non-profit agencies, corporations, schools & colleges, government agencies and public municipalities. His real estate consulting experience encompasses major projects from Hawaii to Maine and internationally within the Eastern Caribbean.
Mr. Cohan has the experience and expertise to structure complex transactions that effectively combine complementary financing tools to make use of various federal and state tax credit programs, private equity, corporate & public bonds, government grants & loan guarantees, and tax increment financing (TIF) subsidies.
Mr. Cohan is a graduate of M.I.T.’s Center for Real Estate master’s degree program where he has also lectured and taught professional development institute classes on accessing capital and innovative financing strategies, focusing on tax credits and other cutting-edge tools.
He also was the sole NMTC consultant invited to participate on the professional panel "When Do You Need an NMTC Expert" at the Novogradac conference in San Diego (2018). Please click here to download the slide presentation from this informative panel to help you objectively evaluate when it may be helpful to have expert NMTC consulting assistance.
Email: info@peaksco.com
Phone: 323-843-5642 |
(Download a PDF copy of Mr. Cohan's bio, or click on the image to the right.)
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The New Market Tax Credits Program
The NMTC program was authorized by the U.S. Congress in 2000 and the first NMTC deals closed at the end of 2003. Through the 2021 awards cycle, Congress and the U.S. Treasury have authorized more than $66 billion in NMTC tax credit capacity, helping to leverage more than $525 billion in capital for businesses, real estate projects, and community services in economically distressed rural and urban communities. The NMTC program has also helped to create or retain more than 750,000 jobs.
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The CDFI Fund is the branch of the U.S. Treasury Department that runs the New Markets Tax Credit Program. The CDFI Fund's NMTC Program website is a good resource for additional information. |
Why you need an NMTC Expert
Structuring a New Markets Tax Credit transaction is complex and usually involves significant transaction costs for legal expenses, tax opinions, and specialized financial modeling. Assistance from NMTC-experienced legal, tax, accounting and other professionals can reduce associated transaction expenses and increase the likelihood of closing on a New Markets Tax Credit enhanced financing in a timely manner.
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Download a PDF copy of the PeaksCo Introduction to New Markets Tax Credits.
(Click on link or image to right) |
We Can Help. Contact Us.
Peaksco consultants have closed on more than $1 billion in NMTC-enhanced capital for projects that include urban adaptive redevelopments, schools, community colleges, hotels, food cooperatives, historic mixed-use conversions, large-scale rural biomass energy plants, solar-energy arrays, paper & pulp mills, medical facilities, YMCAs, cultural and community centers, and a variety of other natural resource based manufacturing and energy production facilities.
Let us put our experience, industry relationships, and expertise to work for you.
Peaksco consultants have closed on more than $1 billion in NMTC-enhanced capital for projects that include urban adaptive redevelopments, schools, community colleges, hotels, food cooperatives, historic mixed-use conversions, large-scale rural biomass energy plants, solar-energy arrays, paper & pulp mills, medical facilities, YMCAs, cultural and community centers, and a variety of other natural resource based manufacturing and energy production facilities.
Let us put our experience, industry relationships, and expertise to work for you.