Edward R. Hickey

Edward "Ted" Hickey leads Holland & Knight's Tax Credits & Community Development Practice, a multidisciplinary team of more than 40 lawyers. Ted advises national syndicators and institutional investors on low-income housing tax credit (LIHTC) investments and represents financing participants in historic rehabilitation tax credit transactions. He also advises on distressed tax credit assets and portfolio management matters. Drawing on decades of transactional experience, Ted helps clients navigate evolving tax and regulatory requirements, sophisticated financing structures and investment life cycle challenges.

Ted advises clients on the structuring, syndication and closing of complex real estate transactions involving multiple financing sources, credit enhancements, financial guarantees, derivative products, partnership transfers, dispositions and workout arrangements. His practice also includes fund formation and investment strategies for equity sponsors and institutional investors participating in tax credit-driven transactions.

Low-Income Housing Tax Credit Transactions. Ted counsels national syndicators and equity investors on direct and portfolio investments supporting affordable housing development and finance. He also works with sponsors and institutional investors on fund formation and the deployment of capital in LIHTC transactions. Ted is actively involved in the affordable housing industry and serves on the board of the Affordable Housing Tax Credit Coalition.

Historic Rehabilitation Tax Credit Transactions. Ted represents developers, lenders, syndicators, investors and other financing participants in historic rehabilitation tax credit transactions. He has been actively involved in the historic tax credit market during periods of significant regulatory and industry change. Following the U.S. Court of Appeals for the Third Circuit's decision in the Historic Boardwalk Hall case and the release of IRS Revenue Procedure 2014-12, Ted advised clients on transaction structures responding to the changing legal framework and the impact of evolving IRS guidance on new and existing investments. He also serves on the board of the Historic Tax Credit Coalition.

Distressed Investments and Portfolio Asset Management. Ted advises investors and syndicators on troubled assets, restructurings, workouts and portfolio asset management matters. His work includes dispute resolution, contract interpretation, refinancing matters, lender negotiations, foreclosure-related issues, property manager and general partner removals and other challenges arising during the investment life cycle.

Before entering private practice, Ted worked as a civil and environmental engineer in the public and private sectors, including with the Rhode Island Department of Environmental Management and an environmental consulting firm. His engineering background brings an additional perspective to complex real estate and development projects.