Dalila V. Best

Biography

Dalila Best concentrates her practice on representing lenders in sophisticated commercial real estate finance transactions involving multifamily and mixed use properties throughout the United States.  Each transaction involves any variety of restrictive use agreements, tax abatements, ground leases, master leases, shared facility agreements, and more.  Dalila has experience representing financial institutions as bridge, construction, and permanent lenders, credit enhancers, and as originators and servicers for Freddie Mac and Fannie Mae.

Prior to joining Blank Rome, Dalila represented lenders and borrowers in matters involving ground-up construction, hotels, office buildings, and affordable housing developments.

During law school, Dalila was a member of the Charles Hamilton Houston National Moot Court Team.

Experience

Recent Transactions include:

  • Seller’s/Servicer’s counsel in connection with the credit enhancement of tax exempt bonds issued by a city housing agency secured by an affordable multifamily residential housing development with locations throughout Brooklyn, New York. This transaction involved multiple layers of subordinate debt, tax abatements and exemptions, housing assistance payments, rental assistance demonstration use agreements, numerous regulatory agreements and restrictive declarations, and ground leases.
  • Seller’s/Servicer’s counsel in connection with refinancing a conventional fixed rate loan secured by a condominium with low income housing tax credits, and inclusionary housing restrictive covenants.
  • Seller’s/Servicer’s counsel in a large-scale cross-collateralized portfolio transaction consisting of 24 properties across eight states.

Credentials

Admissions

  • New York

Education

  • University of California at Berkeley, BA
  • Howard University School of Law, JD