Tito Escobar | Wiki & Bio | Everipedia, the encyclopedia of everything

Tito Escobar

Tito Escobar represents financial institutions across a range of real estate finance including secured lending, leveraged lending, syndicated credit facilities, senior and subordinate facilities, and credit-backed and private placement bond financings. His practice involves representing financial institutions that provide construction, permanent, and takeout loans to community lending, multifamily, and commercial real estate development projects. In addition, Tito counsels financial institutions with respect to structuring real estate transactions that combine Low Income Housing Tax Credits, New Markets Tax Credits, and taxable and tax-exempt bonds.

Prior to joining Jones Day, Tito was a Housing Fellow at the New York City Housing Development Corporation (HDC) and the City of New York's Department of Housing Preservation and Development (HPD). As a Housing Fellow, he rotated through the agencies development and legal departments where he underwrote tax-exempt bonds and tax subsidy and represented the agencies' legal interests in the development and preservation of more than 2,500 units of affordable housing. Tito also has experience serving as borrower's counsel through his work as a student attorney at Georgetown Law's Harrison Institute for Housing and Community Development. At the Harrison Institute, he represented tenant organizations exercising purchase rights pursuant to the District of Columbia's Tenant Opportunity to Purchase Act. [1]