Christopher Marquis is a business lawyer who concentrates his practice on public finance for private and public sector clients throughout Massachusetts, handling deals ranging up to tens of millions of dollar. Chris regularly serves as legal counsel in bond financings involving 501(c)(3) nonprofit institutions, manufacturers and affordable housing organizations.
These and other clients rely on Chris to help with financing transactions from the simple to the complex, frequently involving the Massachusetts Development Finance Agency. The deals on which Chris works often comprise Low Income Tax Credit and New Market Tax Credit transactions, public and private bond placements and hedging transactions. He has years of practical, solutions-focused experience as bond counsel, borrower’s counsel, purchaser’s counsel, issuer’s counsel and underwriter’s counsel in connection with tax-exempt, tax credit and taxable financings. Clients regard Chris as knowledgeable in his subject matter, hard working and good at coming up with creative solutions that keep deals alive and moving forward.
Chris also has experience handling mergers and acquisitions, securities law, corporate governance and conventional finance. He is based in the firm’s Boston office, where is accessible to clients statewide, including businesses and institutions in higher education, affordable housing and other for-profit and non-profit industry sectors.
During law school, Chris worked as a Summer Associate for Bowditch & Dewey and as a Legal Intern for a large medical device manufacturer. Chris graduated with honors from Boston College Law School, where he served as Executive Articles Editor for the Boston College Journal of Law and Social Justice. While at Boston College, he published a Note, An Equal Playing Field: The Potential Conflict Between Title IX & the Massachusetts Equal Rights Amendment, 34 B.C.J.L. & Soc. Just. 77 (2014) and a Comment, Cuff ex rel. B.C. v. Valley Central School District: The Battle Between Safety and Liberty in an Era of Student Violence, 33 B.C.J.L. & Soc. Just. 39 (2013). Chris joined Bowditch in 2014.
Chris likes to play computer games in his spare time. “I’m not good at it,” he confesses, “but I enjoy it.”
Complex charter school financing
In late 2015, Chris helped close a structurally complex, $10 million transaction on behalf of an education-sector client with a private foundation. The project – located in an older, Boston neighborhood – was financed by a bond issue that leveraged New Market Tax Credits. “The financing structure,” Chris explained, “was designed to allow the tax credit investor to pool their equity with the bond financing and get a credit on the total amount.” Chris worked with the client to set up a separate entity involving a land transfer as well as addressed tax issues and problems involving use requirements. “We made it all come together.”
Financing solutions for a mixed-use development with 100 percent workforce and affordable housing
When the local corporate operation of a major real estate developer was structuring the financing for a large, high-profile, mixed-use project in Boston, it needed help piecing together the myriad parts of the deal. Acting as bond counsel, Chris helped the client with the housing component by determining how to target bond financing towards the affordable and workforce dwelling units in the project in order to maximize the low-income tax credit equity available for the project while satisfying tax rules with respect to the Bond issue. These efforts helped enable the complex, $230 million development, currently under construction and expected to be complete in early 2018.