Joint Ventures

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Kurzman Eisenberg’s Real Estate Practice Group, in collaboration with our Corporate Practice Group, has extensive experience structuring and advising on real estate joint ventures.

We help clients navigate the complexities of forming partnerships, ensuring that agreements are tailored to their business objectives while minimizing risk and maximizing financial returns.

Structuring and Negotiating Joint Ventures

Whether our clients are pooling resources for a large-scale development or investing in a single property, we provide the strategic guidance necessary to establish successful, mutually beneficial partnerships.

Strategic Partnership Formation

Our attorneys assist in structuring joint ventures between real estate investors, developers, institutional funds, and foreign entities. We help clients identify the most suitable investment structures, whether through limited partnerships, limited liability companies, or other joint ownership arrangements.

Our team ensures that each partnership aligns with the financial and operational goals of all parties involved.

Negotiating Joint Venture Agreements

A well-drafted joint venture agreement is critical to the success of a real estate investment. We negotiate and structure agreements that clearly define roles, responsibilities, and decision-making authority, covering key provisions such as:

  1. Major Decision Rights – Establishing which decisions require unanimous or majority approval.
  2. Profit and Loss Allocations – Structuring distribution waterfalls to ensure fair allocation of investment returns.
  3. Capital Contributions and Calls – Defining each partner’s financial obligations and procedures for additional funding.
  4. Transfers, Buy/Sell, and ROFO Provisions – Crafting mechanisms for exiting or transferring interests while protecting all stakeholders.

Tax and Regulatory Compliance

Real estate joint ventures often involve complex tax considerations, particularly when dealing with international investors or multi-tiered ownership structures.

Our attorneys work closely with tax professionals to ensure compliance with federal, state, and international tax regulations, optimizing the financial benefits of the partnership while mitigating potential liabilities.

 Acquisition and Disposition of Membership Interests

Our team has extensive experience handling transactions involving the acquisition or disposition of membership interests in joint ventures.

Whether it’s structuring a partnership for a New York City office building or negotiating a joint venture agreement with foreign investors for a high-profile redevelopment, we guide our clients through the entire process with efficiency and precision.