Sameer Patel has extensive experience in driving social impact investments, such as new market tax credit deals, development finance transactions and Opportunity Zone investments.
Manatt, Phelps & Phillips, LLP, a multidisciplinary integrated professional services firm, today announced that Sameer V. Patel, Manatt Financial Services Partner, has joined its Chicago office. Patel’s focus on syndicating federal and state tax credits to new markets further strengthens the firm’s work in helping to drive social impact investing for clients ranging from institutional and corporate investors to community development and real estate developers nationwide.
“Through Manatt’s integrated professional services model, we are uniquely positioned to guide investors and developers through sophisticated tax credit financing and other impact investing arrangements,” said Donna L. Wilson, CEO and Managing Partner of Manatt. “Sameer’s experience in financial services, real estate and tax extends across our platform and further strengthens our position as a go-to advisor to key stakeholders operating in this rapidly changing space. and impactful, while helping to revitalize low- and middle-income communities across the country.”
Patel’s job is to guide clients through Opportunity Zone investments, low income housing and historic rehabilitation tax credit issues. Also a respected thought leader, he frequently speaks at some of the industry’s top conferences on a range of tax credit topics.
“Social impact transactions are fueling much of today’s economic redevelopment and are increasingly becoming central to the business strategies of institutional investors. We are therefore excited to deepen our national footprint as a leader in these transactions with the addition of Sameer to our growing Chicago office,” said Craig D. Miller, Head of Manatt Financial Services.
Manatt’s Financial Services Partner, Neil S. Faden, added, “Having had the pleasure of working closely on transactions with Sameer in the past, we are especially pleased to have him join Manatt; we know his unrivaled client advice on high impact tax incentive deals will complement new market tax credits, low income housing tax credit and opportunity zone work underway across the firm.
“I’m thrilled to join this team of stellar professionals I’ve known and respected for a long time, including Neil and Megan Christensen,” Patel said. “Manatt’s reputation in this space, along with their strategic vision, fast upward trajectory and collegial spirit were key drivers in my decision to make this decision.”
Manatt has strategically expanded its capabilities in Chicago in key industries including antitrust, healthcare and financial services, with Patel joining recent recruits Stephen D. Libowsky, Megan Thibert-Ind and Bryan A. Schneider. He is also the latest addition to the firm’s broader national growth strategy as it deepens its capabilities in digital and technology (Timothy Lohse and Michel C. Narganes); entertainment and media (Nathaniel L. Bach and Christopher Chatham); health care and life sciences (Zoe Barnard, Tara R. Straw, Rachel L. Sher, Dr. Christina Jenkins and Claudia Page); antitrust and competition (David Reichenberg); and tax, benefits and executive compensation (John J. Heber).
Patel received his JD from Dedman Law School at Southern Methodist University and a BS in Information Systems from DePaul University.