Tracey is a principal with Baker Tilly and president of BT REI Manager, LLC, the wholly owned real estate investment sponsor subsidiary of the firm. She leads the real estate sponsor advisory services team and focuses on capital formation and tax-advantaged real estate investments including Delaware statutory trusts, opportunity zones and Section 1031 exchanges. Tracey also leads the firm’s capital magnet fund practice and has significant experience working with multifamily and affordable housing development.
Prior to joining the firm in 2016, Tracey was senior vice president with a commercial real estate developer and private equity real estate fund, where she was responsible for sourcing, structuring and executing debt and equity financing, and overseeing asset management for the firm’s portfolio.
Previously, Tracey was a partner with an Am Law 100 law firm where she focused her practice on commercial real estate and represented institutional and private investors, developers, REITs, lenders and borrowers in all matters of real estate, including acquisition, development, management, financing, leasing and sale.
- Led the structuring and financing of Delaware statutory trust and opportunity zone private placement offerings
- Counseled clients throughout entire lifecycle of real estate, including acquisition, development, financing, leasing, sale and various application processes
- Focused on improving returns and optimizing the capital stack for real estate projects through a variety of federal, state and local tax credit and incentive programs
- Drafted and negotiated real estate transaction documents, including purchase and sale agreements, limited partnership and operating agreements, joint venture agreements, construction contracts, private placement documents, loan documents and lease agreements
- Advised clients in all facets of real estate due diligence, including feasibility and financial analyses, title review, property condition reports, environmental reports, zoning analysis and rent roll and lease review
- Wrote successful applications for Low Income Housing Tax Credits, Capital Magnet Fund and Rental Assistance Demonstration program
- American Bar Association – Forum on affordable housing and development law
- Philadelphia Bar Association – Real Property Section
- Pennsylvania Bar Association
- New Jersey Bar Association
- National Council of State Housing Agencies
- Urban Land Institute
- Alternative & Direct Investment Securities Association
- Project HOME
- National Association of Asian American Professionals
- Frequently presents on topics related to affordable housing and community development, opportunity zones and 1031 exchanges
