The real estate joint venture and equity investment area, in which high net worth individuals, pension funds, real estate investment funds, financial institutions and other investors invest in project joint ventures with development firms, is an important and significant part of our real estate and tax practices. We have assisted developers and investors in meeting their business and tax objectives in connection with the joint venture acquisition, development and ownership of office buildings, corporate business parks, shopping malls, multi-family and single-family residential developments, mixed-use projects and hotels. Our experience includes conventional joint venture structures, such as limited liability companies and limited partnerships, as well as more complex joint venture arrangements, such as participating ground leases, participating development/management agreements and tenancy-in-common agreements.

Representative Matters:

• Represented a national multi-family real estate developer in joint ventures involving the acquisition and development of multi-family real estate projects with projected development costs in excess of $350 million
• Represented a developer/investor in connection with a joint venture involving the establishment of a real estate investment fund involving projected equity capital of $100 million
• Represented an owner/investor in a joint venture involving acquisition and ownership of a corporate business park valued in excess of $90 million
• Represented an owner/investor in a joint venture involving acquisition and development of property for retail use with projected development costs in excess of $50 million
• Represent a developer in a joint venture involving equity capital in excess of $20 million in connection with the "roll-up" of multiple existing single family real estate development projects
• Represented developers in joint ventures involving the acquisition and development of hotel properties
• Represented developers in multiple joint ventures involving single-family and multi-family real estate projects
• Represented public transit authority as ground lessor in various participating lease transactions involving approximately $500 million of commercial and residential development