Katy Breazeale is a partner with CohnReznick. She has over 21 years of diversified transaction experience with many different types of properties and developments such as renewable energy, affordable housing, conventional multifamily and senior housing, commercial and mixed-use developments, re-development, and historic properties. Her core competencies include structuring and financial analysis of multiple, complex real estate properties that are typically formed to take advantage of the tax benefits provided for in the Internal Revenue Code. These include the Low-Income Housing Credit, New Markets Tax Credit, Historic Rehabilitation Credit, and the Renewable Energy Tax Credit.
Katy has experience with the full range of financing methods including conventional loans, tax-exempt and taxable bonds, grants, and HUD-financed/insured projects. She has been involved in real estate projects encompassing all stages from structuring deals, identifying equity providers and lenders, analyzing term sheets, due diligence, initial syndication to final completion, and ongoing operations of the project.
Katy’s historic tax credit transaction experience has included several hundred properties throughout the country. Adaptive re-uses include multifamily housing, hotels, office, retail space and performance venues. With the advent of the New Markets Tax Credits, she has been advising both Community Development Entities and project sponsors on obtaining the credits and structuring these transactions.
Regarding New Markets Tax Credit deals, Katy helps clients understand the complexities of the program, investor issues, market concerns, and programmatic and income tax regulations. She also helps clients successfully structure transactions so that they not only benefit the communities the development will serve but also to ensure the deal is attractive to investors.
Katy’s clients include publicly-held Fortune 100 companies, not-for-profit organizations, developers, and housing authorities across the United States.
B.S, Accounting, Masters of Accountancy, Auburn University