Taxation of REITs and Real Estate Transactions

Real estate has had its ups and downs over the years but one thing has remained constant: tax consequences are important to almost every real estate transaction.

We assist clients with respect to the full range of real estate acquisitions, dispositions and tax-deferred exchanges, including complex multi-party and multi-property exchanges and non-simultaneous and reverse exchanges, real estate leasing, real estate development and financing transactions. We provide advice with respect to the tax implications of real estate joint ventures and syndications, pension investments in real estate, convertible and participating mortgage transactions and rehabilitation and low-income housing credit transactions.

Our tax expertise in real estate extends to tax considerations for investment structures involving partnerships, tax-exempt organizations, foreign investors including foreign governments and pension funds.

We also have market-leading experience in advising clients on the formation and operation of Real Estate Investment Trusts ("REITs"), including public and private REITS. We advise on the conversion of existing taxable or tax-exempt entities into REITs; structuring umbrella partnership REITs (“UPREITS”); and public offerings and private placements of equity and debt securities of REITs. We have acted for clients in the acquisition, disposition and liquidation of private REITs; and property acquisitions and dispositions by REITs, including roll-up transactions and property exchange programs.

U.S. News Best Lawyers® Law Firm of the Year 2016
Litigation – Tax

U.S. News Best Lawyers® Best Law Firms 2017
National: Litigation – Tax (Tier 1)
National: Tax Law (Tier 1)
New York: Litigation – Tax (Tier 1)
New York: Tax Law (Tier 1)
Sacramento: Litigation – Tax (Tier 1)
San Francisco: Litigation – Tax (Tier 1)
San Francisco: Tax Law (Tier 1)
Washington, D.C: Litigation – Tax (Tier 2)
Washington, D.C: Tax Law – (Tier 1)

Chambers USA 2017
National: Tax Controversy
California: Tax
New York: Tax

2013 Tax Practice Group of the Year

Legal 500 US 2017
International: Tax
US Taxes: Financial Products
US Taxes: Contentious
US Taxes: Non-Contentious

U.S. News – Best Lawyers® Law Firm of the Year 2016
Litigation – Tax

2013 Tax Practice Group of the Year

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