Updated at 4:13 p.m.
Reno & Cavanaugh's D.C. office has added two attorneys to its affordable housing and economic development practice group, the firm announced Tuesday.
Cynthia Langelier Paine and George Weidenfeller, former partners at Goulston & Storrs, have joined the firm as members. The pair rejoins their former Goulston & Storrs partner, N. Linda Goldstein, who moved to Reno & Cavanaugh in November.
In an interview, Goldstein and Weidenfeller said that Reno’s personal service and flexibility were characteristics that attracted them to the small D.C. firm. The two agreed that the budget crunch would increase regulation and provide a boost to their affordable housing sector practice.
“We hear a lot about default and foreclosure mainly on the single family side, but the affordable housing projects have been pretty stable and sound,” Weidenfeller said.
Goldstein said that she expects there to be significant multifamily projects in the coming year, particularly in mixed-use projects.
Paine focuses her practice on real estate law, primarily acquisition, financing and debt restructuring. Weidenfeller, a former Housing and Urban Development Deputy General Counsel, focuses his practice on regulatory issues in finance, development, management, preservation and compliance with HUD programs. Goldstein focuses her real estate practice on acquisitions, development, renewable energy and commercial development in underserved communities, among others.
“Linda, Cynthia, and George bring deep experience incorporating government housing and economic development incentives into private sector real estate projects,” said Hannah Cassidy, managing member of Reno & Cavanaugh.