Location: Via telephone

Additional Info: Oregon State Bar

Cost: $65

Description:
After years of widespread turmoil, real estate finance is increasingly shifting toward the use of complex joint ventures that marry partners with capital, property, and development expertise. The structure of these deals is far more complex than when an individual developer seeks a bank loan for a project, but with careful structure and documentation, they can successfully leverage everyone’s strengths for a profitable venture.

This program includes major economic, operational, and tax considerations.

• Operating agreement issues—capital calls, deleveraging, guarantees, refinancing, workouts
• Risk management and shifting liabilities
• Tax impact of contributing appreciated property, services, or cash
• Disguised sale and mixing bowl traps when appreciated property is contributed
• Allocation of tax attributes and cash distributions
• Gain deferral strategies