Matters
- Represented numerous fund sponsors in all aspects of structuring and operating private investment funds, with a particular focus on REITs, real estate and real estate related assets.
- Represented a leading investment management firm with more than $56 billion in assets under management on tax matters pertaining to REIT formation, REIT operation, acquisition and disposition structuring, purchase agreement and joint venture negotiation.
- Represented Corum Asset Management, a Paris-based real estate investment company with more than €8 billion of assets under management, on the formation and operation of a private REIT by its Société Civile de Placement Immobilier (SCPI), a French fund structure similar to a REIT, in connection with its initial entry into the U.S. commercial real estate market.
- Represented Bardas Investment Group and its joint venture with Bain Capital Real Estate on REIT matters pertaining to the structuring and licensing of a new Hollywood studio valued at more than $600 million.
- Represented an institutional investment advisor in its acquisition of a REIT owning a 23-asset multifamily portfolio valued at over $2 billion.
- Advised numerous public, non-traded and private REITs in all U.S. federal income tax aspects of REIT formation, operation and compliance at both the property and REIT-level.
- Represented numerous taxable, tax-exempt and non-U.S. investors in structuring tax-efficient investments in real estate, private equity and hedge funds.
- Represented STORE Capital, an internally managed net lease real estate investment trust that invests in single tenant operational real estate, in its acquisition by GIC, a global institutional investor, in partnership with Oak Street, a division of Blue Owl and one of the largest investors in net lease real estate, an all-cash transaction valued at approximately $15 billion, including assumed debt.
- Represented BTIG, Jefferies, Piper Sandler and Roth Capital Partners (and certain of their affiliates), as the sales agents, forward sellers and forward purchasers, in the $500 million “at-the market” offering of common stock and preferred stock by Innovative Industrial Properties, Inc., the only NYSE-listed cannabis REIT.
- Represented JMP Securities, KeyBanc Capital Markets and Huntington Capital Markets, as the sales agents in the $200 million “at-the-market” offering of common stock by LTC Properties, Inc.