Structuring Private Real Estate Funds: Legal, Tax and Commercial Perspectives

This CLE course will discuss the crucial structural considerations and legal complexities of forming, launching, and operating a private real estate fund. The program will review how recent regulatory developments impact fund managers and investors regarding fees and expenses, co-investments, and conflicts of interest. The program will provide an overview of tax issues impacting fund formation.

Private real estate funds continue to be a compelling alternative to public and private REITs for real estate investments. These funds often involve complex legal and tax issues arising from structuring and investing in U.S.-sponsored funds. Moreover, investors are becoming increasingly sophisticated with distinct tax profiles and are likely to negotiate terms that align interests between the investor and general partner/sponsor.

At the same time, the SEC and other authorities continue to scrutinize the private equity industry regarding fees and expenses, co-investments, conflicts of interest, and other concerns impacting private fund managers, driving new issues to the forefront of GP/LP negotiations. What do you need to know to negotiate this evolving and highly scrutinized landscape?

Listen as our authoritative panel discusses the critical structural considerations and legal complexities of forming, launching, and operating a private real estate fund. The panel will discuss the changing regulatory landscape of fund formation impacting fund managers and investors, such as fees and expenses, co-investments, and conflicts of interest. The panel will also provide an overview of current tax issues and related developments.