When it comes to real estate funds, we understand that you need a team of lawyers who can advise across virtually any asset class. Our team has the flexibility and experience to work with you in office, industrial, retail, multifamily, hospitality, medical, timber, mortgage, specialty finance, and more. We have represented both fund sponsors and U.S. and non-U.S. institutional and high-net-worth investors in the formation and capitalization of funds investing in and outside the United States. You can rest assured our team knows how to anticipate the challenges that can arise from any direction.
The private real estate funds space can be a morass of structures and options. Allow us to help you navigate the contours of fund formation. Our experience ranges across U.S. and international closed- and open-ended funds, master-feeder fund structures, sidecar and co-investment vehicles, parallel funds, general-partner funds, separately managed accounts with bespoke management agreements, and alternative investment vehicles, as well as the creation of tax-efficient general partner and sponsor investment and profits interest vehicles and complex fund structures employing REITs and leveraged blockers. We also have substantial experience representing private real estate fund sponsors in private placements to institutional investors, sovereign wealth funds and high-net-worth individuals through placement agents and to retail investors through independent broker-dealer channels. Parties involved in private placement transactions from all sides have come to our team—we have represented fund sponsors, investment bankers, placement agents, investment advisers, and investors.
We also realize that you need a collaborative team to help you not only identify opportunities but also anticipate risks. To that end, we advise fund sponsors on all aspects of regulatory compliance, such as regulatory filings and reporting, advertising rules, principal transactions, conflict management, expense allocations, best execution, custody arrangements, and fund-level financing arrangements, such as subscription lines and NAV facilities. With Alston & Bird, you have one firm that can operate fluently on the formation and the compliance sides of real estate funds.