Carle, Mackie, Power and Ross LLP Attorneys








Jason C. Vargelis – Senior Counsel

jvargelis@cmprlaw.com

Practice Focus
Real estate finance, including affordable housing and secured lending

Education
B.A., 1990, University of Vermont
J.D., 1994, Boston University School of Law

Experience

Jason Vargelis is a member of our business transactions group.  His practice is focused in the area of real estate finance with an emphasis on affordable housing.  Mr. Vargelis has broad experience representing syndicators and developers in multifamily tax credit projects utilizing a variety of funding sources, including low income housing tax credits, tax exempt bond proceeds, HOPE VI funds and state and local housing programs.  His experience covers lower-tier transactions (involving syndicators, developers and lenders), as well as upper-tier transactions (involving syndicators and investors). 

Mr. Vargelis has represented institutional lenders making loans secured by real estate.  In addition, he has represented investment banks and mangers in public and private securitizations, including transactions collateralized by commercial and residential mortgages, automobile loans, home equity loans and bonds (collateralized debt obligations). 

During law school, Mr. Vargelis served as Editor-in-Chief of the Boston University Law Review.  He was then associated with the law firms currently known as Sidley Austin LLP, in New York, Pillsbury Winthrop Shaw Pittman LLP, in San Francisco and Brownstein Hyatt Farber Schreck P.C., in Denver, Colorado.  In 2006, he returned to Northern California and joined Carle, Mackie, Power & Ross LLP. 

Professional & Community Associations

  • Admitted to practice in California, New York and Colorado

  • Member, American Bar Association, including the forum on Affordable Housing and Community Development law

  • Member, Sonoma County Bar Association


Publications

  • Author, Two-Tier Mezzanine Loans (2002)

  • Co-author, No Termination Risk Interest Rate Swaps (2002)

  • Co-Author, Tamar Frankel, Securitization: Structured Financing, Financial Asset Pools, and Asset-Backed Securities (1995 Supplement)