Newark, NJ – August 5, 2024 – Murphy Schiller & Wilkes LLP (MSW) has expanded its Tax Credits & Incentives practice with the addition of Brendan Pytka.
Brendan Pytka has joined the firm as the Director of Tax Credits & Incentives. In this role, he will assist clients in assessing their financing strategy, and obtaining the necessary incentives to realize challenging and transformative real estate developments.
Brendan has over 15 years of experience in real estate development and finance. After graduating from the Wharton School of the University of Pennsylvania with a focus on Finance, Real Estate, and Business and Public Policy, Brendan was a member of the Mergers and Acquisitions team at JP Morgan in New York and London. He then joined a local real estate development firm in Newark, New Jersey, where he was involved in over $100M in real estate development activity across a range of product types including office, residential and retail. Most recently, Brendan ran a consulting and research firm that assisted clients across the country in analyzing and executing their real estate investment strategies.
He has significant experience structuring complicated real estate transactions, incorporating various financing incentives, including Historic Tax Credits, New Market Tax Credits, Low-Income Housing Tax Credits and incentives through the New Jersey Economic Development Authority (NJEDA), including the Aspire Tax Credit Program.
As a boutique law firm specializing in commercial real estate and development, MSW has been creative in the services offered to clients. In 2023, the firm added Christopher Watson, the former Director of Planning for the City of Newark as the firm’s Director of Planning and Development Services. Offering these ancillary services within the context of a law firm has allowed clients to benefit from the knowledge and skills of non-attorney professionals working under the supervision of some of the top commercial real estate lawyers in the industry.
“Adding Brendan to our Tax Credits & Incentives group will provide a critical resource as our clients navigate government tax credits, incentives, and other forms of nondilutive capital in a difficult financing market. As a firm, we have been considered a leader in the tax credit space since launching 8 years ago. Adding Brendan to our already dynamic team is like throwing fuel on the fire. I am really excited to have him join the team,” says Chris J. Murphy, a founding partner of the firm and Chair of the Tax Credits & Incentives practice group.
Murphy Schiller & Wilkes LLP (MSW) is a boutique law firm servicing the commercial real estate and construction industries. Headquartered in Newark, New Jersey, the firm represents a wide range of clients, including institutional, publicly traded real estate companies, international and regional lenders, national contractors and subcontractors, and family offices. The firm has been ranked as a top law firm by both Chambers & Partners and U.S. News & World Report.