Jessica Millett | New York | Hogan Lovells

Jessica Millett

Partner Corporate & Finance

millett-jessica

Jessica Millett
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  • Overview
  • Experience
  • Credentials
  • Insights and events

Jessica Millett is a trusted advisor on U.S. tax matters for clients across the real estate, private equity, funds, and sports sectors. She has deep experience navigating the tax issues that arise in complex real estate transactions — including Qualified Opportunity Fund structures — as well as private equity investments, joint ventures, and other investment vehicles involving tax partnerships. She also routinely structures and advises on profits interests and management incentive programs designed to align management and investor objectives.

Jessica regularly guides clients through tax structuring and documentation for joint ventures, investments involving professional sports teams and related assets, and real estate acquisitions and development projects. Her practice further includes advising sponsors, managers, and institutional investors on private investment funds spanning real estate, private equity, credit, venture capital, and Small Business Investment Companies (SBICs).

Known for integrating tax considerations seamlessly into the earliest stages of a deal, Jessica distills sophisticated tax concepts into clear, practical guidance. Clients value her commercial sensibility, industry insight, and ability to align tax strategy with business objectives and current market conditions.

Jessica is an active member of the American Bar Association Tax Section’s Real Estate Committee.

Representative experience

Oracle on its investment in TikTok’s new U.S. entity.

Sportsology Capital Partners on its strategic minority investment in the Texas Rangers.

Avanti Residential on its 78-unit townhome opportunity zone development in Denver, CO.

Cowan Nakios on its mixed-use office and retail opportunity zone development in Charleston, SC.

Public Storage on its "transferability" sale of investment tax credits generated from qualifying solar property.

Tom Gores of Platinum Equity and owner of the Detroit Pistons, on his purchase of a minority stake in the Los Angeles Chargers.   

The Morgan family in purchasing limited partnership interest to join Major League Baseball’s Philadelphia Phillies ownership group.

The Levine Leichtman Family Office on the acquisition of the San Diego Wave Fútbol Club, a National Women’s Soccer League franchise, from its previous owner, Ron Burkle.

Fenway Sports Group and a consortium of American Sports team owners – the Strategic Sports Group, in a major collaboration with PGA TOUR Enterprises, a new subsidiary of the PGA TOUR.

Michael Arougheti of Ares Management on the US$1.725bn purchase (with an investor group) of the Baltimore Orioles. 

Citi Ventures and Citi Impact Fund in connection with their limited partnership investments in various private equity funds.

Hainesport Transportation Group in connection with a debt and equity investment by a consortium of investors led by Tecum Capital.

A publicly traded technology company on the sale of its tax equity membership interest in a solar project company.

Intel Corporation on its sale of an approximately 20% stake in its IMS Nanofabrication GmbH (IMS) business to private equity investor Bain Capital Special Situations, valued at ~US$4.3bn.

Enlightenment Capital on the formation of their fifth fund, focused on Aerospace, Defense, Government & Technology.  

Bizzi & Partners on the restructuring of a luxury condominium in Manhattan with Fortress Investment Group and U.S. Immigration Fund, and on its acquisition of a new US$313m construction financing.

Pantheon Ventures on the closing of its real estate platform joint venture with Elliott Bay, which will invest in medical office buildings and outpatient healthcare properties.

Telyon, a renewable energy developer, on its joint venture with an affiliate of Greenbacker Capital Management. 

Equity Residential on the sale of investment tax credits arising from qualifying solar energy property. 

*Matter handled prior to joining Hogan Lovells.

Credentials

Education
  • JD LLM in International and Comparative Law, Duke University School of Law, 2006
  • B.A., Johns Hopkins University, cum laude, 2000
Bar admissions and qualifications
  • New York

Recognition

Top 25 Opportunity Zone Influencers

Opportunity Zone Magazine

2019 and 2021-2022
Leading Lady List

Real Estate Weekly

2019
Rising Star

Real Estate Weekly

2019
100 Leading Women Lawyers in New York City

CRAIN's

2018
New York Metro Rising Star

Super Lawyers

2017