Barnes & Thornburg LLP
Holly Heer represents developers, syndicators and financial institutions in partnership syndication and related transactions. Her deep experience ranges from entity formation and negotiation to lending, asset management and workouts, with a particular emphasis on transactions involving the low-income housing tax credit, historic tax credit and new markets tax credit.
Listed in The Best Lawyers in America for real estate law, Holly advises on tax credit syndication involving tax structuring for credit-oriented transactions, as well as technical tax issues related to credit syndication and compliance. She negotiates financing and tax structures, partnership agreements and exit strategies for syndicated investment vehicles.
In addition, Holly counsels clients on various subsidy and tax credit programs. She advises on HUD programs such as RAD, replacement housing factor funds, Section 202, 231, 221(d)(4) and 223(a)(7) loans, and mark to market financing.
Holly is known for her ability to understand and analyze complex tax and underwriting issues and to apply new or changing areas of the law to the deal at hand. She thrives in balancing and resolving the complicated challenges inherent in transactions that support critical community development, and feels personal satisfaction in serving clients that help the community at large and people in need.
Holly solves the often difficult task of fitting together the pieces of deal structure puzzles, helping clients by spotting and mitigating potential problems and risk. A valued negotiator, Holly listens to her clients’ objectives and positions them to realize mutually beneficial resolutions.
She is a frequent speaker on topics involving affordable housing and community development issues, including low-income housing tax credits, historic tax credits and new markets tax credits.