Overview
Kimberly Smith is a transactional attorney in Holland & Knight's New York office. Ms. Smith focuses her practice on New Markets Tax Credits (NMTC), commercial lending and real estate finance.
Ms. Smith has extensive experience with structuring complex NMTC financing transactions for 501(c)(3) organizations, real estate developers, operating businesses and government entities, many of which utilize a variety of financing sources, including conventional financing, tax-exempt bonds, state and federal grants and U.S. Department of Agriculture (USDA) financing. She has served as project/borrower counsel, lender counsel and community development entity (CDE) counsel for healthcare, education, mixed-use, social services and industrial/manufacturing projects. In addition, she serves as bank or borrower counsel in commercial lending and tax-exempt bond financing for 501(c)(3) organizations.
Prior to joining Holland & Knight, Ms. Smith was an attorney at an international law firm in its New York office.
While in law school, Ms. Smith served on the associate editorial staff of the Mississippi Law Journal.
Representative Experience
- Served as counsel to a real estate developer in Orangeburg, South Carolina, for a $22 million New Markets Tax Credits (NMTC) financing
- Served as counsel to a real estate developer in Rosedale, Mississippi, for a $15 million NMTC financing
- Served as counsel to city and redevelopment authority in Jackson, Mississippi, for a $18 million NMTC financing
- Served as counsel to a community development entity (CDE) for a $10 million NMTC financing for a food production facility in Garland, Texas
- Served as counsel to a CDE for a $20 million NMTC financing for a grocery store project in the Bronx, New York
- Served as counsel to a real estate developer in Birmingham, Alabama, for a $9 million NMTC financing
- Served as counsel to a CDE for a $7 million NMTC financing for a project in Houston
- Served as counsel to a CDE for a $6 million NMTC financing for a project in Glasgow, Kentucky
- Served as counsel to a real estate developer in Birmingham, Alabama, for a $13 million NMTC financing
- Served as project counsel for the construction and development of a primary care clinic, wellness center, certain retail space and related on- and off-site improvements in Jackson, Tennessee, that utilized NMTC
- Served as project counsel for the development and construction of for-sale homes to serve low-income individuals and families located in South Mississippi and Southwest Alabama, that utilized NMTC
- Served as CDE counsel for the construction of a new 90,000-square-foot high performance computing center located in Holyoke, Massachusetts, that utilized NMTC
- Served as CDE counsel for the rehabilitation of two former tobacco warehouses and accompanying parking into a single mixed-use facility consisting of office, retail, and research and laboratory space located in Durham, North Carolina, that utilized NMTC
- Served as project counsel in connection with the construction and development of a grocery store and shopping center complex located in Pigeon Forge, Tennessee, that utilized NMTC
- Served as project counsel for the construction, development and renovation of an existing mill building into a mixed-use development located in Johnson City, Tennessee, that utilized NMTC
- Served as project counsel for the construction, development and leasing of an historic hotel into a mixed-use facility known as the Tomorrow Building in Chattanooga, Tennessee, that utilized NMTC
- Served as project counsel for the rehabilitation of two historic buildings into a mixed-use residential and commercial/retail development for national nonprofit agency located in New Orleans, that utilized NMTC
- Served as counsel to a federally qualified health center (FQHC) in Minneapolis for a $30 million New Markets Tax Credits (NMTC) (real estate) financing
- Served as counsel to a FQHC in Minneapolis for a $9 million NMTC (operating business) financing
- Served as counsel to a FQHC in Williamsburg, Kentucky, for an $18 million NMTC financing
- Served as counsel to a FQHC in Fort Wayne, Indiana, for a $19.5 million NMTC financing
- Served as counsel to a public hospital in Hattiesburg, Mississippi, for a $17 million NMTC financing
- Served as counsel to a public hospital in Scott County, Mississippi, for a $21 million NMTC financing
- Served as counsel to a health center in Pearl, Mississippi, for a $5 million NMTC financing
- Served as counsel to a senior living facility in Atlanta for a $21 million NMTC financing
- Served as counsel to a large banking corporation's Northeast healthcare finance team for debt facilities for large healthcare systems in Massachusetts, New Hampshire, Vermont and Maine
- Served as senior lender counsel for the construction of a health center facility located in Boston that utilized NMTC and tax-exempt bonds
- Served as project counsel for the construction and development of a 29-bed acute care hospital facility in rural Alabama that utilized NMTC and U.S. Department of Agriculture (USDA) financing
- Served as bank counsel in connection with a tax-exempt refinancing for a hospital system located in Concord, New Hampshire
- Served as senior lender counsel for the construction of a new emergency department and medical office building to support outpatient services at a hospital located in Athol, Massachusetts, that utilized NMTC and tax-exempt bonds
- Served as counsel to a nonprofit community center in Albany, Georgia, for a $6 million New Markets Tax Credits (NMTC) financing
- Served as counsel to a food bank in Charleston, South Carolina, for a $16 million NMTC financing
- Served as counsel to a nonprofit community center in Minneapolis for a $20 million NMTC financing
- Served as counsel to a community center in Atlanta for a $9 million NMTC financing
- Served as counsel to a nonprofit food hub in Charleston, South Carolina, for a $5 million NMTC financing
- Served as counsel to a nonprofit public policy advocacy organization in Nashville, Tennessee, for a $9 million NMTC financing
- Served as counsel to a large California banking corporation's San Francisco team for certain debt facilities for nonprofit and for-profit customers, including a $150 million syndicated line of credit for a large customer in San Francisco
- Served as counsel to various 501(c)(3) religious, educational and nonprofit entities in New York and California for tax-exempt and taxable construction financings
- Served as developer counsel to a low-income housing tax credit developer in connection with an affordable housing project in Nashville, Tennessee
- Served as project counsel for the acquisition, construction and development of a building for a national cancer organization that offers housing to cancer patients and their caregivers, located in Jackson, Mississippi, which utilized NMTC
- Served as counsel to a lumber manufacturing company in Gibsland, Louisiana, for a $43 million New Markets Tax Credits (NMTC) financing
- Served as counsel to a manufacturing facility in Detroit for a $21 million NMTC financing
- Served as counsel for NMTC unwind and restructuring for a manufacturing facility in Little Rock, Arkansas
- Served as project counsel in connection with the acquisition and expansion of a manufacturing facility in Springdale, Arkansas, that utilized NMTC
- Served as counsel to a public school district for a $14 million New Markets Tax Credits (NMTC) financing
- Served as project counsel for a new charter school facility located adjacent to a new low-income housing development in Nashville, Tennessee, that utilized NMTC
- Served as project counsel in connection with the financing and construction of a state-of-the-art higher education center facility in Indio, California, that utilized NMTC
- Served as project counsel for the construction, equipping and leasing of a new, two-story, 44,470-square-foot academic and career-technical building for a community college in Jackson, Mississippi, that utilized NMTC, tax-exempt bonds and taxable bonds
- Served as project counsel for the development of new retail and office space and other mixed-use components for the benefit of a historically minority college located in Jackson, Mississippi, that utilized NMTC
- Served as counsel to a digital service provider in Baltimore for an $8 million New Markets Tax Credits (NMTC) financing
- Served as counsel to a food warehousing corporation in Knoxville, Tennessee, for a $40 million NMTC financing
- Served as bank counsel for financings in New York and California
- Served as co-tax counsel to a Delaware statutory trust in connection with private placement facilities
- Served as project counsel in connection with a photovoltaic solar facility in Greenfield, Massachusetts, that utilized NMTC, U.S. Department of Agriculture (USDA) financing and energy grants
- Served as lender counsel in connection with the permanent financing for the development of a biomass power generation facility in Athens, Maine, that utilized NMTC
- Served as project counsel in connection with the construction, development and leasing of a social innovation center in Austin, Texas, that utilized NMTC
- Served as project counsel for the construction and development of a worldwide youth organization's facility located in Vicksburg, Mississippi, that utilized NMTC
- Served as project counsel for the development and construction of a state-of-the-art children's museum located in Meridian, Mississippi, that utilized NMTC
Credentials
- New York University School of Law, LL.M., Taxation
- University of Mississippi School of Law, J.D., cum laude
- Birmingham Southern College, B.A., Accounting, cum laude
- Massachusetts
- New York
- New York Bar Association
- Novogradac New Markets Tax Credits Working Group
- New Markets Tax Credit Coalition
- The Mississippi Bar
- Louisiana State Bar Association
- Rising Star, Louisiana Super Lawyers magazine, 2015
- Leader in Law, New Orleans CityBusiness, 2013