Frederick Miller

Practice Areas

Fred Miller assists clients in using both traditional and non-traditional forms of finance to achieve their goals, with a specialty in new markets tax credit and historic tax credit finance. Fred uses his diverse experience in real estate and lending law to accomplish client objectives through efficient, practical, and creative legal services, especially those involving tax credit and incentive-based financing that provide benefits to all key stakeholders involved in a transaction.

Advising clients in all aspects and stages of a transaction, I bring proven success in structuring, negotiating, documenting, and advising on compliance matters. My local and national clients include key investors interested in utilizing tax credit financing, nonprofit and for-profit real estate developers, community development entities, and leverage lenders.

With over 18 years of experience in real estate and tax credit finance, I have represented every type of participant in these transactions, including investors, lenders, Community Development Entities (CDEs), and project owners and/or sponsors. This experience enables me to fully understand the motivations, goals, and pressure points of each participant in the transaction, which allows me to efficiently structure transactions and identify mutually agreeable solutions when issues arise.

In addition, I have represented numerous borrowers and nationally recognized lenders in connection with complex asset-based lending transactions.

With a thorough understanding of the intricacies and interplay of state and federal programs, I work with clients to shorten learning curves around available incentives, allowing them to capitalize on those that create the greatest amount of opportunity for projects ranging from simple to complex. I lead teams of collaborative attorneys who act with responsiveness and urgency to close beneficial transactions involving development incentives that include low-income housing tax credits, new markets tax credits, historic rehabilitation tax credits, renewable energy tax credits, and opportunity zones.

The rise in interest rates and construction costs has created a number of unexpected asset management issues for tax credit transactions, including bankruptcies. This has resulted in tax credit participants reevaluating their underwriting standards and implementing additional procedures that can result in transaction delays.

With many clients in the tax credit finance industry being unfamiliar with the bankruptcy process, this has created a great opportunity to educate and assist our clients with this process as well as to assist them in enabling additional underwriting standards and procedures to help mitigate asset management issues on future transactions.

Career

Washington University School of Law, J.D.

Washington University, A.B.

Professional Memberships

Fred Miller is admitted to practice in Missouri and is supervised by a member of the firm who is a member of the DC Bar.