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Arent Fox Receives ‘Deal of the Year’ Award from DC Economic Partnership

Earlier this month, Arent Fox LLP received the “Best Deal of the Year” award from the Washington DC Economic Partnership for a deal financing the acquisition of a new training center for the Spanish Education and Development Center.

Partners Richard A. Newman and Sean W. Glynn advised the nonprofit academic organization on a financing deal and real estate acquisition that allowed SED Center to own its new facility through bond financing. The award is given annually through the DC Revenue Bond Program.

SED Center serves hundreds of Washington-area families through adult education and children development programs, including bilingual infant and preschool programs for pre-school children old and an adult education program.

The Washington DC Economic Partnership is a non-profit, public-private organization that drives inclusive economic growth and job creation, supports business, and promotes Washington, DC as a leading global city.

Arent Fox’s premier Nonprofit group provides clients with a comprehensive understanding of the unique legal, tax, environment, and business issues organizations in this sector face. The firm serves as general counsel to a wide array of associations and nonprofit organizations. 

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