S. Bradford Butler
Brad is an Associate in Frost Brown Todd’s Finance and Real Estate Practice Group and serves as a member of the Multifamily Housing Industry Team. He has extensive experience representing developers, investors, syndicators, and lenders across the country in the multifamily industry, particularly in the areas of affordable housing and historical preservation. Brad routinely advises developers and investors in the structuring and closing of new construction and rehabilitation deals involving state and federal low-income housing tax credits, historic rehabilitation tax credits, and multiple layers of financing, including federal, state and local loan and grant programs. Brad also has experience negotiating loan work-outs and has an extensive knowledge of the Opportunity Zone program created by the Tax Cuts and Jobs Act of 2017.
Brad is a member of the American Bar Association’s Forum on Affordable Housing and Community Development Law. He was also a member of YPAL’s Emerging Leaders Program in the Spring of 2016. Brad is a proud Kentucky Colonel and currently serves as the President-elect of the Kentucky alumni chapter of the University of Miami (FL).
Representation of a national syndicator as investor with respect to the construction and/or rehabilitation of more than 4,000 multifamily housing units across 16 states with total project costs exceeding $900 million dollars in the past 24 months.
Representation of a developer in the successful work-out of a situation involving a defaulted $18,675,000 tax-exempt bond loan, low-income housing tax credit equity, and substantial land use restrictions.
Representation of a large regional bank in making a construction loan and an equity investment in a low-income housing tax project involving 9% tax credits.
Representation of a national syndicator as investor with respect to the acquisition of a multifamily housing complex located in North Carolina, involving a partial RAD conversion, Section 8 HAP contract, HOPE VI Loan, and tax-exempt bond issuance.
Representation of an investor with respect to the acquisition, rehabilitation and construction of a multifamily housing complex involving low-income housing tax credits, historic rehabilitation tax credits, and two condominium regimes.
Representation of an investor with respect to the acquisition and rehabilitation of a multifamily housing complex utilizing federal and state low-income housing tax credits with collateralized tax-exempt bonds and HUD 223(f) financing.
Representation of a developer in the acquisition of a vacant factory and its subsequent redevelopment into an assisted living facility involving historic rehabilitation tax credits and traditional bank financing.
Memberships & Affiliations
- Kentucky Real Estate Investors Association
- Louisville Apartment Association
- Young Professionals Association of Louisville
- American Bar Association
- Kentucky Bar Association
- Louisville Bar Association
Civic & Charitable Organizations
- YPAL Cares, Inc., Board of Directors & Secretary, 2016-2017
- The Louisville Chorus, Inc., Board of Directors, 2016-2017
- Louisville 'Canes (UM Alumni Group), President-elect, 2016-Present
- Honorable Order of the Kentucky Colonels, Member, 2016-Present
- YPAL Emerging Leaders Program, Graduate, Spring 2016
Non-FBT Publications and Events
Realizing Value and Creating Protection: A Practical Approach to Monetizing the Value of a Racehorse While Retaining Control Over Future Interests, 7 KY. J. Equine, Agric. & Nat. Resources L. 93 (2015).