Lawyers / Professionals

Ms. Fain has a diverse practice that spans the mid-Atlantic region. Much of her practice focuses on serving as bond counsel for a variety of nonprofit and governmental institutions, including senior living facilities, hospitals, educational institutions, historical foundations and other nonprofit organizations. She also serves as counsel to underwriters in publicly offered transactions and lenders in private placements. Her practice integrates tax analysis under Section 103 of the Internal Revenue Code, real estate and credit issues, securities regulation and disclosure issues, and governmental law.

A large area of her practice is financings for educational institutions, including large, public universities such as the University of Virginia, as well as smaller public and private institutions such as Virginia Military Institute and Randolph College. Financings for private secondary and elementary schools, such as Episcopal High School, complete this area of her practice, including religiously affiliated institutions that require Virginia and federal constitutional law analysis. She has experience in transactions for multi-campus organizations, such as Church Schools in the Diocese of Virginia, which operates five schools throughout Virginia, including St. Catherine's School and St. Christopher's School in Richmond, and St. Stephen's/St. Agnes' School in Alexandria.

Participating in transactions involving hospitals and other healthcare institutions makes up a significant portion of Ms. Fain's practice, including transactions for Virginia Hospital Center Arlington, Halifax Regional Hospital and Martha Jefferson Hospital. She has extensive experience drafting complex credit documents for healthcare institutions, including structures with obligated groups and negatively pledged assets, and structuring innovative financings such as variable rate transactions, and Internet auctions.

Ms. Fain also has significant experience in transactions financing senior living facilities such as numerous Westminster-Canterbury organizations throughout Virginia, Virginia Baptist Homes and Virginia United Methodist Homes. Her practice involves dealing with the often complex real estate, credit and regulatory issues arising in all types of senior living projects, including continuing care retirement facilities, assisted living facilities and nursing homes.

Before joining the firm, she practiced public finance law for six years in Houston and Richmond. She is a member of the National Association of Bond Lawyers, and is active in a number of charitable and civic organizations.