Joint Ventures & Entity Structuring

Joint ventures and entity structures define the ownership, governance, and economic rights of the parties in a real estate investment or development project. The documentation must address capital contributions, management authority, profit distributions, transfer restrictions, dispute resolution, and exit mechanics — all of which directly affect the value and risk allocation among participants.

The firm advises sponsors, developers, investors, and institutional partners on the negotiation and documentation of joint venture agreements, operating agreements, and partnership structures for commercial real estate transactions.

Transaction Considerations

Joint venture and entity documentation is often negotiated concurrently with the underlying real estate transaction, which creates time pressure on the parties to reach agreement on economic terms, governance provisions, and exit mechanics before closing. The firm advises sponsors and investors on the full range of joint venture issues, from initial term sheet review through final documentation, and coordinates the entity structuring with the underlying property acquisition, financing, and development workstreams.