Reid A. Mandel has been in practice for more than 30 years, concentrating on federal income taxation and asset securitization. He has represented issuers, investors, investment bankers, trustees and credit enhancers in offerings of interests in pools of receivables. These receivables have included commercial real estate loans, manufactured housing loans, home improvement loans, multifamily loans, home equity loans, auto loans, unsecured consumer loans, funding agreements, equipment leases, structured settlements, viatical settlements and time-share receivables.
Reid has represented clients in connection with the structuring, organization and management of investment vehicles such as partnerships, limited liability companies (LLCs), real estate investment trusts (REITs), real estate mortgage investment conduits (REMICs), grantor trusts, collateralized debt obligations (CDOs) and collateralized loan obligations (CLOs); the creation of investments on a direct or pooled basis for qualified retirement plans, foundations and other tax-exempt organizations; investment vehicles for low-income housing; and tax planning for US investments by foreign individuals and corporations. In addition, he has been responsible for the tax planning, disclosures and opinions for offerings of interests in real estate and mortgage loan funds.
A past chair of the Chicago Lawyers’ Committee for Civil Rights Under Law, Reid has also chaired the firm’s pro bono program.
After law school, Reid served as a law clerk to Justice John Simonett of the Supreme Court of Minnesota.