Profile
Alexander L. Scarola is the Managing Shareholder of the Philadelphia office. Alex focuses his practice on public finance, infrastructure finance, project finance and asset-based lending. Alex serves as purchaser’s counsel, bond counsel, lender’s counsel, underwriter’s counsel, disclosure counsel and borrower’s counsel in tax-exempt and taxable finance and lending transactions throughout the country. Alex advises clients on publicly and privately offered financings in a wide array of sectors, including multifamily housing, airports, water and sewer utilities, highway, bridge and other infrastructure projects, economic development projects, higher education and real estate-based lending.
Concentrations
- Multifamily housing financings
- Project finance
- Asset based lending
- General obligation and revenue financings
- Utility financings, including water, sewer and gas
- Higher education financings
- 501(c)(3) financings
- P3 financings
- Stadium financings
- Single Family housing financings
The attorney is providing legal services through and affiliated with Greenberg Traurig, LLP, a New York Limited Liability Partnership. Results may vary depending on your particular facts and circumstances.
Capabilities
Experience
- $203,990,000 The Pennsylvania State University Bonds Series of 2023
- $34,590,000 Public Finance Authority Air Cargo Obligated Group Revenue Bonds (AFCO Airport Real Estate Group) Series 2023
- $43,350,000 Delaware State Housing Authority Multifamily Tax-Exempt Bonds (Fannie Mae MBS-Secured) (SOCIAL) (Luther Towers Apartments), Series 2023
- $1,759,135,000 Pennsylvania Economic Development Financing Authority Tax-Exempt Private Activity Revenue Bonds (The Penndot Major Bridges Package One Project), Series 2022 (AMT)
- $288,626,223 Public Finance Authority Public Improvement Loan (I-285/I-20 East Interchange Project) Series 2022
- $130,000,000 City of Houston, Texas Combined Utility System First Lien Revenue Bonds, Series 2021C
- Represent institutional lender in connection with over $500 million low-income multifamily housing financings
- Represent institutional lender in connection with over $500 million multifamily housing bridge financings
- Represent international banks in connection with over $100 million multifamily housing financings
- $564,835,000 City of Philadelphia, Pennsylvania Water and Wastewater Revenue Bonds, Series 2023B
- $756,050,000 City of Houston, Texas Airport System Subordinate Lien Revenue and Refunding Bonds, Series 2023A (AMT) and 2023B (NON-AMT)
- $15,800,000 The Industrial Development Authority of the City of Phoenix, Arizona Commercial Facilities Revenue Bonds (Overland Crossing Project) Taxable Series 2022
- $29,725,000 Harris County, Texas Tax and Subordinate Lien Revenue Certificates of Obligation, Series 2022
- $302,040,000 The City of Philadelphia, Pennsylvania Airport Revenue and Refunding Bonds, Series 2021 (AMT/Private Activity)
- $290,400,000 City of Houston Higher Education Finance Corporation Higher Education Revenue Bonds (Rice University Project) Series 2024
- $25,000,000 The Industrial Development Authorities of The County of Pima and The City of Tucson, Arizona Joint Single Family Mortgage Revenue Bonds Series 2023A
- $20,000,000 Jefferson Parish Finance Authority Single Family Mortgage Revenue Bonds Series 2023 (Non-AMT)
- $30,000,000 The Industrial Development Authority of the City of Phoenix, Arizona The Industrial Development Authority of the County of Maricopa Single Family Mortgage Revenue Bonds 2023 Series A (Non-AMT)
Recognition & Leadership
- Listed, The Best Lawyers in America, Public Finance Law, 2021-2024
- Team Member, The Bond Buyer, "Deal of the Year, Northeast Region," 2023
- Listed, Super Lawyers magazine, Pennsylvania Super Lawyers, 2015-2022
- "Rising Stars," 2005-2006 and 2011-2014
- Member, Winning Team, Global M&A Network’s Turnaround Atlas Awards, “Chapter 11 Restructuring, Mid-Market Segments (100-250)” for the restructuring of Lombard Public Facilities Corporation, 2019
- Member, Winning Team, TMA Chicago/Midwest Awards Program, “Small Transaction of the Year” for the restructuring of the Lombard Public Facilities Corporation, 2018
A description of the selection methodology for the above awards can be found here. No aspect of this advertisement has been approved by the Supreme Court of New Jersey.
- Member, Pennsylvania Bar Association
- Member, National Association of Bond Lawyers
- Member, Pennsylvania Association of Bond Lawyers
Credentials
- LL.M., Taxation, New York University School of Law
- J.D., University of Baltimore School of Law
- B.A., University of Delaware
- Pennsylvania
- Maryland
- New Jersey