Honors
- Awarded Deal of the Year and Activist Campaign of the Year by The Deal for representation of George Feldenkreis in his nomination of directors and successful unsolicited acquisition of Perry Ellis.
Education
J.D., University of Michigan Law School, 1986
B.A., University of Virginia, 1983
Bar & Court Admissions
- New York, 1988
Mark delivers practical tax planning across a broad spectrum of industries and transactions. Mark counsels public and private companies on mergers and acquisitions (domestic and cross-border), start-ups, joint ventures, capital market / financing transactions, real estate acquisitions and dispositions and other business dealings in which tax considerations play an important role.
Mark is also expert in the use of federal and state tax credits as a source of tax-advantaged equity (alone or in conjunction with tax-exempt bonds), including opportunity zones, low-income housing tax credits (LIHTC), historic tax credits (HTC), and new markets tax credits (NMTC). He has worked on all sides of these transactions, representing developers (private and non-profit), tax credit investors, syndicators, community development entities (CDEs), consultants and lenders.
As part of his community development practice, Mark assists non-profit entities on a broad range of issues including corporate governance, real estate development (either on their own or in conjunctions with a for-profit partner) and unrelated business taxable income (UBTI).
Mark is a frequent lecturer at business and legal seminars.
Going Private Transaction – Represented buyer group in a “going private” transaction (valued at approximately $437 million) for Perry Ellis, Inc., providing domestic and international tax planning on all aspects of the transaction.
Private Equity Investment – Represented founder group of Torchy’s Tacos in connection with minority equity investment by General Atlantic in the restaurant chain.
Cross-Border Business Combination – Represented I.D. Systems, Inc. in connection with its tax-free combination with Pointer Telocation Ltd, an Israel company, in a transaction valued at approximately $140 million.
Complex Like-Kind Exchange - Represented owner group in connection with the sale of a long-held property (valued well in excess of $440 million) to a publicly-traded REIT, using a structure allowing each owner group member to elect to receive sales proceeds in cash and/or REIT securities, re-invest sales proceeds in a like-kind exchange under Section 1031 of the Internal Revenue Code, and/or maintain a continuing interest in the property through joint venture to develop the property with the REIT.
Development of Luxury Condo Project – Represented developer in connection with a joint venture for the ground-up development of a high-rise condominium project in NYC’s Financial District, with equity partners based in China and Italy.
New Markets Tax Credits – Represented private college in connection with acquisition of satellite campus, financed with innovative use of new markets tax credits (NMTCs).
Historic Tax Credits - Represented developer in connection with repositioning of historic theater, financed with a combination of new markets and historic (rehabilitation) tax credits.
Low-Income Housing Tax Credits - Represented not-for-profit developer in connection with development of various properties, financed with low-income housing tax credits (LIHTCs).
Media Mentions/News
- January 12, 2021
- January 7, 2021
- January 6, 2021
- November 5, 2020
- July 20, 2020
- July 20, 2020
- June 1, 2020
- May 18, 2020
- May 8, 2020
- March 3, 2020
- December 27, 2019
- November 20, 2019
- November 11, 2019
- November 1, 2019
- October 22, 2019
- October 4, 2019
- June 24, 2019
- April 2, 2019
- December 21, 2018
- November 9, 2018
- November 1, 2018
- October 23, 2018
- December 22, 2017
- December 19, 2017
- November 22, 2017
- November 17, 2017
- November 2, 2017
- November 1, 2017
- August 15, 2017
- August 4, 2017
- January 18, 2017
- December 14, 2016
- December 7, 2016
- December 5, 2016
- November 20, 2016
- October 19, 2016
- October 7, 2016
- September 6, 2016
- August 22, 2016
- June 20, 2016
- June 9, 2016
- June 1, 2016
- January 15, 2016
- January 6, 2016
- November 30, 2015
- October 26, 2015
- October 15, 2015
- August 3, 2015
- July 24, 2015
- March 23, 2015
- March 12, 2015
- January 30, 2015
- December 25, 2014
- November 20, 2014
- October 21, 2014
- October 14, 2014
- September 24, 2014
- September 19, 2014
- September 17, 2014
- September 9, 2014
- August 29, 2014
- July 2, 2014
- July 1, 2014
- June 5, 2014
- April 17, 2014
- April 9, 2014
- March 21, 2014
- March 17, 2014
- November 26, 2013
- November 18, 2013
- September 19, 2013
- September 19, 2013
- September 6, 2013
- September 4, 2013
- July 15, 2013
Speaking Engagements
- January 7, 2021Webinar
- June 23, 2020Webinar
- June 12, 2020Webinar
- June 11, 2020Webinar
- May 28, 2020Webinar
- May 12, 2020Webinar
- May 5, 2020Webinar
- April 23, 2020Webinar
- April 16, 2020Webinar
- October 22, 2019New York, NY
- November 21, 2014ALI, CLE
- May 7, 2014New York State Society of CPAs (NYSSCPA)
Publications
- January 12, 2021Harvard Law School Forum on Corporate Governance
Articles & Alerts
- April 2021
- December 2020
- June 2020
- June 2020
- June 2020
- June 2020
- June 2020
- May 2020
- May 2020
- May 2020
- May 2020
- May 2020
- April 2020
- April 2020
- April 2020
- November 2019
- August 2015
- January 2015
Press Releases
- November 5, 2020
- November 1, 2019
- March 28, 2019
- November 1, 2018
- November 1, 2017
- November 1, 2016
- June 1, 2016
- June 4, 2013
COVID-19 Legal Resources
Olshan Real Estate Law Blog