Constance Delzant, Ll.M. Email & Phone Number

Boston, Massachusetts, United States

Oversee and manage a portfolio of 71 stabilized LIHTC properties (5,944 units) across 9 states• Portfolio Oversight and Management: Monitor optimal performance of assigned portfolio by reviewing tax returns, quarterly as well as year-end audited financial statements, and perform rent level comparisons with maximum allowable rents under HAP contracts, and program guidelines for LIHTC, HOME and RD.• Investor Benefit Delivery: Manage all equity releases to ensure compliance with Partnership Agreement benchmarks and use financial models to track tax credit delivery, loss projections, residual value, and cash flow distributions.• Compliance and Risk Management: Ensure all properties within the portfolio adhere to legal and regulatory requirements, complete quarterly risk ratings, and conduct site visits to assess preventative maintenance and capital needs.• Capital Transactions: Manage refinancing and loan upsizing requests by modeling and evaluating the proposed transaction’s impact on cash flow distributions, debt service coverage, and investor returns. Oversee and obtain requisite approvals for partnership restructuring requests (sales of General Partner interests, admission of new partners/members).• Workout: Responsible for the operational turnaround of a 252-unit LIHTC asset where Boston Financial has assumed a General Partner interest: lead efforts to determine and implement a performance improvement strategy, develop cash flow models, and forecast cash and liquidity needs.

Waltham, Massachusetts, United States

Coordinated the development of 6 LIHTC projects across 4 states, and project-managed the phased development of 52 market rate units• LIHTC Development: Led the closing processes (finance closing, permanent conversion) for 6 multifamily and senior LIHTC projects, maintained updated budgets, sources and uses, and cost-to-complete projections, assisted the requisition process for submission to lenders and equity providers, and contributed to the preparation of the final costs certification for 8609 form issuance and regulatory agreement filings.• Project Management: Acted as lead project manager for the phased completion and subsequent sale of 52 luxury market-rate units by selecting project vendors and consultants, negotiating and managing all third party contracts and billings, coordinating with the construction and sales teams to ensure timely delivery to buyers, and supervising individual unit sales.

Arlington

Managed a scattered site of 200+ affordable units in Arlington and participated in the development and construction of 57 new units of affordable housing (48 LIHTC units, and 9 affordable non-LIHTC units)• Property Management: Developed and implemented comprehensive property management strategies aligned with organizational goals by preparing operating budgets, monitoring turnover time, vacancies and delinquencies at each site, and overseeing capital improvement projects (scoping, contract negotiation, work completion oversight).• Predevelopment: Assisted in the selection of potential sites, performed due diligence, prepared project feasibility analysis, proforma budgets and financial structuring proposals in support of funding applications, syndicator RFPs, and State applications for LIHTC (OneStop).• Development: Led project development efforts by negotiating terms and conditions for various development-related agreements, overseeing the closing processes (construction and conversion to permanent financing), and attending weekly project meetings with architects and general contractors to finalize construction timelines, budgets (qualifications and assumptions, value engineering) and permitting processes. • Construction Management: Performed weekly site visits, reviewed general contractor’s monthly requisitions, change orders and subcontractor lien releases.• Reporting: Attended Board Meetings and prepared regular updates and reports to HCA's management, Board of Directors, and relevant Committees.

Greater Boston Area

• Represent clients looking to buy, rent or sell residential or commercial properties and act as an intermediary in negotiations between buyers and sellers.• Advise clients on market conditions, prices, mortgages, legal and zoning requirements, and generally on all matters related to the purchase or sale of real estate. • Prepare documents such as representation contracts, purchase agreements, closing statements, deeds and leases.

Greater Boston Area

Through its SUN Initiative, Boston Community Capital deploys a private fund to purchase pre- and post-foreclosure properties and build sustainable and stable neighborhoods.• Manage and supervise a team of 4 negotiators to achieve the successful acquisition of distressed properties (condominium to multi-family) from large scale financial institutions, servicers and REO portfolio managers.• Define and drive the negotiation team’s monthly goals to ensure end-of-year targets for capital deployment are met, and report directly to the Chief Operations Officer.• Develop acquisition strategies by analyzing market trends and borrowers’ repayment capabilities to establish and minimize company’s exposure to default risk.• Oversee, advise and manage vendors such as appraisers, real estate agents, foreclosure and bankruptcy counsels.• Guide the hiring process of junior and senior negotiators by screening and interviewing qualified applicants, and making hiring recommendations to management.• Participate in outreach efforts by prospecting and building a pipeline of qualified leads to meet business plans and organization objectives.

Greater Boston Area

Community Development Financial Institution assisting in the negotiation of alternatives to foreclosure• Managed the Foreclosure Mitigation Department by supervising a team of counselors and volunteers, and overseeing client management process from intake to closing.• Negotiated short sales and settlement terms, refinancing, and loan modification agreements lowering payments by up to 60%, and reducing interest rates to below market rates in compliance with US Treasury guidelines and/or investor guidelines.• Performed grant compliance reporting to HUD, United Way, MA Attorney General’s Office, and City of Boston Department of Neighborhood Development.

Paris Area, France

Law firm with a strong commercial litigation practice• Independently managed litigation proceedings in over 50 cases. Representative matters include litigation advocacy for plaintiffs in major oil spill case against French oil company “TOTAL” and other defendants, resulting in €200.4 million in damages and €525,000 in penalties.• Represented clients in court for all aspects of pre-trial, trial and post trial advocacy, including oral advocacy, drafting of pleadings, motions, complaints and answers.

• Handled preparatory hearings of Banking and Financial law cases before the Paris civil court.• Conducted legal research, drafted complaints, answers, motions and pleadings relating to cases in Contract Law, Business Law, Banking Law, International Law, Bankruptcy, White collar Crime and Secured Transactions.

• Drafted complaints, answers and pleadings relating to cases in Contract Law, Distribution Law, Consumer Law, International Law, Bankruptcy, and Secured Transactions. • Conducted legal research and drafted various legal memoranda and correspondence for clients.

• Drafted complaints and answers relating to cases in Contract Law, Business Law, Distribution Law, Insurance Law, Banking Law, and Secured Transactions.• Conducted legal research and drafted legal memoranda.

Ll.M., Banking And Financial Law

Activities and Societies: L.L.M. ScholarRelevant course work: Commercial Lending, Securities Transactions, Securitization, Bankruptcy

Paris Bar License, Law

Ll.M., Corporate And Business Law

Masters Degree, Legal And Strategic Business Administration

Doctor Of Law - Jd, Law