Shelli Willis de Roos

Partner

Direct: 404.873.8750
Fax: 404.873.8751
Atlanta
171 17th Street NW
Suite 2100
Atlanta, Georgia 30363

Biography

Shelli is a partner in the Real Estate practice. She advises clients in connection with taxation, acquisition, financing, and investment matters including entity organization, capital restructuring, asset purchases, and sales, equity, and debt financing, low-income housing tax credit applications, and tax-exempt entity applications.

Shelli’s practice focuses on representing developer clients in acquiring and developing properties eligible for low-income housing tax credits, historic rehabilitation tax credits, and new markets tax credits. She also represents various equity investment organizations in their investment in, and housing authorities in their providing of, financing to mixed-finance public housing revitalization projects. In addition, she has assisted clients with the formation and entity selection of various operating and investment entities, including limited liability companies, limited partnerships, corporations, and other joint ventures.

Additionally, Shelli practices in most areas of federal income taxation with an emphasis on partnership taxation and planning for all types of real estate transactions. She also assists clients in preparing and filing 501(c)(3) tax-exempt applications and private letter ruling requests.

Related Industries

Experience

  • Represented a developer in completing and submitting its application for low-income housing tax credits.

  • Represented an investor in its investment in a senior low-income rental housing development financed with loans from a public housing authority and a loan utilizing tax-exempt bond proceeds, such representation included the drafting and issuance of a tax opinion letter.

  • Represented an investor in the negotiation and replacement of the general partner in the owner partnership of a low-income rental housing development.

  • Represented of a client in its application for 501(c)(3) tax-exempt status.

  • Represented owner / developer of affordable multifamily housing projects in connection with financing comprised of tax-exempt bonds, low-income housing tax credit equity and other government subsidized funding sources.

Credentials

  • University of South Carolina School of Law
    • Legal Writing and Research Award
  • Bob Jones University, Bachelor of Arts
  • State of Florida 2008
  • State of Georgia 1996
    • American Bar Association, Section of Taxation, Forum on Affordable Housing and Community Development Law
    • Georgia Affordable Housing Coalition
    • International Fiscal Association

Recognition

  • Best Lawyers in America®, Real Estate Law, 2023-25

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