Page 3 - The Life of a Project Brochure
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Capital Raise
If you need capital for your project there are many alternatives available to you in today’s marketplace. Many factors go into determining what is the best vehicle for your project including location of the property, access to investors, and willingness to give up some control of the project. Our team has experience in all aspects of the capital raise process including private placements, equity funds, institutional investors and private equity firms in every type of private financing transaction. The hands-on experience of our attorneys in a wide variety of offerings gives us the ability to develop creative solutions to problems encountered in the course of your transaction. Some specific capital raise opportunities include:
Real Estate Fund Formation
One source of raising capital for a multifamily project is the creation of a fund that includes tax-efficient structures for potential fund investors. Our team can work with you to determine if this is the best structure for raising and deploying capital. We regularly work with fund sponsors and investors with respect to private funds and other alternative investment vehicles. We have extensive experience with various types of domestic and international investment funds and other pooled investment vehicles, including private equity, venture capital, hedge, real estate seed, angel, and clean tech-focused funds. With an emphasis on business-focused legal advice, we partner with you throughout the entire fund formation process. Once the fund is formed, we offer unparalleled service related to ongoing fund maintenance, including advice with respect to investment adviser issues. Our team works collaboratively with our tax and ERISA lawyers to deliver a coordinated, efficient solution to investment management legal needs.
Opportunity Zone Fund
A Qualified Opportunity Zone (“Opportunity Zone”) can be a great investment vehicle for a multifamily project. Our firm was one of the first law firms in the nation to represent a client in structuring, closing and funding an Opportunity Zone Fund and related real estate acquisition. Opportunity Zones were established by the Tax Cut and Jobs Act of 2017 (“Tax Plan”) to encourage additional investment in low-income communities by providing investors with certain tax incentives. Through this program, an investor may defer capital gains taxes on the sale of any asset by investing those gains through a Qualified Opportunity Fund. Large parts of the U.S. are eligible for designation, including many commercial, industrial and residential areas.
Real Estate Investment Trust (REIT)
A real estate investment trust (REIT) is a security that invests in real estate directly and can be publicly or privately held. Publicly held REITs can be sold on an exchange and publicly traded. Non-public REITs are sold through broker-dealers and are private. We can assist you in all stages of REIT operations, including formation, qualifying and maintaining REIT status, raising capital, tax advice and structuring, single property and portfolio acquisitions and dispositions, joint ventures, merger and acquisition transactions, direct, mezzanine and participating loans, triple net lease transactions, incentive management fee arrangements and other sophisticated investment arrangements. In addition, we represent several public REITs in their full range of reporting obligations under Sarbanes-Oxley and filings with the Securities and Exchange Commission. Our attorneys stay ahead of the curve on SEC, IRS and other governmental regulations to help our clients successfully navigate potential road blocks or changes that can impact performance or assets.
The Life of a Project
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