WASHINGTON, D.C. — For the third year in a row, law firm Tiber Hudson LLC has been named the No. 1 underwriter’s and bond purchaser’s counsel in the nation by Refinitiv, based on the number of multi-family bond issues closed in 2020. Tiber Hudson has topped this list since its first full year of operation in 2018.
According to Refinitiv’s year-end multi-family market analysis for 2020, Tiber Hudson ranked first nationally in the role of underwriter’s counsel and bond purchaser’s counsel for number of multi-family bond issues, serving as counsel on over 165 transactions in over 35 states totaling more than $3.5 billion in aggregate principal amount. Both figures represent significant increases over Tiber Hudson’s 2019 totals. Tiber Hudson captured over 40% of the multi-family housing market in 2020. These bond issues contributed to the construction or rehabilitation of over 30,000 affordable housing units this past year.
“We are very proud of our continued success in 2020, and grateful that we had the opportunity to partner with so many incredible clients and colleagues who rose to meet the unprecedented challenges that faced our industry this past year,” noted founding member Kent Neumann. “We know that our work in the affordable housing industry is more important than ever in these uncertain times, and we hope that we will be able to contribute to an even greater number of multi-family housing projects in 2021.”
Beyond the multi-family sector, Tiber Hudson ranked among the top six law firms for all types of municipal issues based on the number of deals closed in 2020, according to Refinitiv. Refinitiv, one of the world’s largest providers of financial markets data and infrastructure, periodically ranks law firms in a variety of categories.
Founded in 2017, Tiber Hudson provides legal services in all aspects of tax-exempt and taxable debt financings for multi-family housing and healthcare facilities around the country. The boutique law firm continues to distinguish itself as a leader in the affordable housing industry with offices in Washington, D.C.; New York, N.Y.; Charleston, S.C.; and Baltimore, Md.