Hobson Bernardino + Davis

What Hobson Bernardino + Davis does

Hobson Bernardino + Davis LLP is a California-based boutique law firm organized as a limited liability partnership and headquartered in Culver City. Founded in 2008, the firm employs 51-100 people and is built around two core practice lines. The Affordable Housing and Community Development practice advises non-profit and for-profit developers and investors on the acquisition, rehabilitation, construction, and financing of apartment communities and mixed-use projects, with deep specialization in low-income housing tax credits, historic tax credits, new markets tax credits, tax-exempt and taxable bond financing, and California Article XXXIV matters. The Impact Litigation practice provides multidisciplinary trial representation in complex commercial disputes, including contract, construction, environmental, class action, banking, healthcare, and tort matters for Fortune 500 companies, financial institutions, municipalities, and high-profile individuals, with attorneys licensed to appear in federal and state courts across the United States.

The firm is AV Preeminent rated by Martindale-Hubbell and markets itself as delivering big-law-quality service without the formality and expense of traditional large firms. Principal partners are positioned as big-law veterans and former in-house counsel for national companies, and the firm emphasizes cross-disciplinary teams that combine trial, tax, bankruptcy, and real estate lawyers for each matter. Differentiated credentials include a rare FDIC Legal Service Agreement, ongoing relationships with the California Tax Credit Allocation Committee, the California Debt Limit Allocation Committee, the IRS, and the U.S. Treasury, and cumulative representation in approximately $5 billion of affordable housing transactions across 18 years.

Revenue is generated entirely through professional services fees for legal engagements. Pricing is engagement-based and not publicly disclosed, with fee structures likely comprising hourly billing, flat fees for transactional matters, and contingency arrangements for litigation. The firm operates from a single California headquarters, serves clients nationwide in transactions and litigation, and acquires clients primarily through professional reputation, peer referrals, and partner networks rather than traditional marketing channels. No public listing, institutional investment, or parent ownership is identified.

Name

Hobson Bernardino + Davis

Legal name

Hobson Bernardino + Davis LLP

Website

https://hbdlegal.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

51–100 employees

Short description

Hobson Bernardino + Davis LLP is a California-based boutique law firm serving affordable housing developers, Fortune 500 companies, financial institutions, and municipalities through two practice areas: affordable housing and public finance, and complex commercial litigation.

Ownership category

akta.pro rank

Product category

Legal Services

NAICS

Offices of Lawyers (541110)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Real Estate & Construction Law (BPAHAAAE)

Keywords

• Affordable housing legal services
• Commercial litigation
• Public finance law
• Community development law
• Real estate legal services

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Legal Services Revenue: The firm generates revenue through legal fees for affordable housing transaction representation, community development counsel, real estate law, and commercial litigation services. Fee structures likely include hourly billing, flat fees for specific matters, and contingency arrangements for litigation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Hobson Bernardino + Davis is a boutique law firm providing legal services in two primary practice areas: Affordable Housing, Community Development & Public Finance (advising developers and investors on complex affordable housing transactions including LIHTC, historic tax credit, and new markets tax credit structuring, tax-exempt bonds, and regulatory compliance) and Impact Litigation (multidisciplinary litigation representation for complex commercial disputes, product liability, environmental litigation, professional liability, and class actions). The firm serves Fortune 500 companies, financial institutions, governmental entities, and developers from its Culver City, California headquarters.

Product overview

Hobson Bernardino + Davis is a boutique law firm offering two primary legal service lines: Affordable Housing legal services and Impact Litigation. The Affordable Housing practice handles complex real estate transactions including debt structuring, equity financing, tax credit transactions (LIHTC, historic tax credit, new markets tax credit), and public finance matters. The Impact Litigation practice provides full-scale litigation representation for complex commercial disputes, tort matters, construction law, banking and finance litigation, and insurance disputes. The firm employs an interdisciplinary approach combining trial lawyers with tax, bankruptcy, and real estate specialists.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Housing, Community Development & Public Finance Legal Services Legal representation for non-profit and for-profit developers and investors in acquisition, rehabilitation, construction, development, and financing of apartment communities and mixed-use projects throughout the United States. Includes structuring of complex debt structures, equity, and regulatory requirements, advisory on tax-exempt bonds, taxable bonds, state and local loans, subordinate loans, long-term financings, joint ventures and entity structuring, low income housing tax credit (LIHTC), historic tax credit, new markets tax credit equity, public disclosure requirements, real estate issues, regulatory issues, land use and planning law, subdivision matters, community redevelopment law, and California Constitution Article XXXIV matters. Also covers credit enhancement, securitization, and defeasance.
• Impact Litigation Elite, multidisciplinary litigation services for complex commercial disputes, including product liability, intellectual property, environmental and real estate litigation, professional liability, and class actions. Combines trial excellence with strategic, results-driven representation. The firm assembles versatile teams of trial lawyers for complex matters and has extensive trial experience before federal and state courts, arbitration panels, and administrative agency tribunals throughout the United States. Practice areas include commercial contract disputes, environmental torts, construction law, banking and finance litigation, insurance disputes, and technology matters.

Quantifiable outcome

• $5 Billion in Affordable Housing Transactions completed over 18 years of operation
• +2 more outcomes

Named customers17 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Allen Matkins Leck Gamble Mallory & Natsis LLP: California-based boutique with a longstanding real estate law practice serving developers, investors, and lenders. Comparable to HB+D in real estate transaction work and developer-focused client base, particularly in Southern California.
• Buchalter: California-based full-service firm with significant real estate, banking, and commercial litigation practices. Comparable to HB+D in serving enterprise clients in real estate finance, affordable housing, and complex disputes.
• Hanson Bridgett LLP: Northern California full-service firm with notable affordable housing, public finance, and real estate practices. Comparable to HB+D in affordable housing transaction work, public agency representation, and complex commercial litigation.
• Nossaman LLP: California-based law firm with a nationally recognized affordable housing, public finance, and infrastructure practice. Directly comparable to HB+D in LIHTC structuring, bond counsel work, and public finance expertise.
• Jeffer Mangels Butler & Mitchell LLP: Los Angeles full-service firm with strong real estate, land use, and commercial litigation practices. Comparable to HB+D in serving developers and corporate clients across transactional and litigation matters.
• Greenberg Glusker Fields Claman & Machtinger LLP: Los Angeles full-service boutique serving sophisticated business clients in real estate, corporate, and complex litigation matters. Comparable to HB+D as a Southern California boutique serving enterprise clients with sophisticated legal needs.
• Cox Castle & Nicholson LLP: California-based boutique with a strong real estate and land use practice serving developers, investors, and lenders. Comparable in real estate transaction work and developer client base, with overlapping affordable housing and community development matters.
• Armbruster Goldsmith & Delvac LLP: Los Angeles boutique law firm with a similarly concentrated focus on affordable housing, community development, and tax credit transactions. Closely comparable to HB+D in practice mix, geographic market, and client base of developers and public agencies.
• Bird Marella PC: Los Angeles boutique trial firm handling complex commercial litigation, white-collar matters, and high-stakes disputes for sophisticated clients. Comparable to HB+D's litigation practice given similar clientele and trial orientation.
• Miller Barondess LLP: Los Angeles boutique trial firm representing Fortune 500 companies, public entities, and high-profile individuals in complex commercial disputes. Comparable to HB+D on the litigation side, given similar client roster and complex commercial dispute work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hobson-bernardino-davis-llp

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hobson Bernardino + Davis