In today’s world of complex real estate transactions, joint ventures are a common vehicle for blending development expertise and local knowledge with capital sources. These capital sources include institutional private equity funds, public funds, family offices, high-net worth individuals and tax-exempt investors, including retirement funds and sovereign funds. The lawyers at Sklar Kirsh have extensive experience in the formation of joint ventures, representing both sponsors/operators and capital sources in connection with the acquisition, development and financing of all types of real estate products, including multi-family, office, hospitality, medical, retail, mixed use, special venues and land development. Additionally, our extensive experience covers the formation of joint ventures as separate legal entities as well as the programmatic joint ventures and strategic alliances operated through complex contractual arrangements with multi-party strategic investments.

Representative Matters

  • Represented TruAmerica Multifamily, LLC, in connection with its joint venture acquisition of the Vinings Corner Apartments, a 360-unit multifamily apartment project located in Smyrna, Georgia.
  • Represented Tides Equities, LLC in connection with its $31,300,000 joint venture acquisition of a 227-unit apartment community known as The Standard Apartments, located in Tempe, Arizona.  Equity was provided by Beverly Pacific, LLC, which was represented by Eisner, PC.  Financing was provided Colony Capital, which was represented by Polsinelli PC.
  • Represented Kazi Property Group in its acquisition of the Desert Peaks Apartments located in El Paso, Texas for a purchase price of $6,250,000.  The acquisition was a joint venture with Realty Mogul, who was represented by Abram Roy LLP.  The transaction also included the formation of a syndication for our client’s member entity in the joint venture, and an acquisition loan in the amount of $6,212,500 from Ameritas Life Insurance Corp.
  • Represented Tides Equities, LLC in connection with the $27,500,000 joint venture acquisition of the Arbors at 5th Apartments, a 197-unit apartment complex in Tempe, Arizona.  Equity was provided by Asset Management Consultants, Inc., which was represented by Davies Lemmis Raphaely.  Financing was provided MF-1 Capital LLC which was represented by Holland & Knight LLP.
  • Represented Tides Equities, LLC in connection with its $26,600,000 joint venture acquisition of a 181-unit apartment community known as The Solstice Apartments, located in Phoenix, Arizona.  Equity was provided by Beverly Pacific, LLC, which was represented by Eisner, PC.  Financing was provided Colony Capital, which was represented by Polsinelli PC.  Seller was represented by Carpenter, Hazlewood, Delgado & Bolen, LLP.
  • Represented Kazi Property Group in its acquisition of an apartment complex located in College Park, Georgia known as Alexandria Landing Apartments for a purchase price of $19,650,480.  The acquisition was a joint venture with Eightfold Capital, who was represented by Berger Singerman in Miami, Florida.  The transaction also included the formation of a syndication for our client’s member entity in the joint venture, and an acquisition loan in the amount of $20,750,000 from Walker & Dunlop, who was represented by Sheppard Mullin.  Seller was represented by Polsinelli.
  • Represented Mosaic Real Estate Investors, LLC (“Mosaic”) in connection with a $29,000,000 hybrid preferred equity investment in Mosaic Aetna Springs Resorts JV, LLC, a joint venture between Mosaic and Alchemy Resorts, LLC, for the purpose of a 3,520 acre luxury resort property in Napa County, California, which is comprised of an 80 key resort village, 44 residential properties, multiple vineyards and a 9-hole golf course.  Alchemy Resorts was represented by DLA Piper.
  • Represented Tides Equities, LLC in connection with the $55,500,000 joint venture acquisition of the Davenport Apartments, a 442-unit apartment complex in Tempe, AZ.  Equity was provided by Capitol Solutions, Inc. which was represented by Royer Cooper Cohen Bruanfeld LLC.  Financing was provided RCC Real Estate, Inc., which was represented by Katten Muchin Rosenman LLP’s Charlotte, NC office. 
  • Represented Harbor Associates in connection with the $28,000,000 joint venture acquisition of 700 N. Central, a 136,015 square foot Class-B office building located in Glendale, California.  Equity was provided by Belay Investment Group, which was represented by Pircher, Nichols & Meeks LLP.  Seller was represented by Mayer Brown LLP.  Financing was provided by Compass Bank, which was represented by Ballard Spahr. 
  • Represented Harbor Associates in connection with the $29,250,000 joint venture acquisition of the Capitol Center, a 156,293 square foot mixed use property located in Denver, Colorado.  Equity was provided by Belay Investment Group, which was represented by Pircher, Nichols & Meeks LLP.  Seller was represented by Sheppard Mullin Richter & Hampton LLP.  Financing was provided by Ready Capital Structured Finance, which was represented by Holland & Knight LLP. 
SEE ALL Representative Matters
  • “Closing real estate deals takes an enormous amount of focus on the operators' part. We rely heavily on the expertise of the Sklar Kirsh team and are confident that our best interests are being met 100% of the time.”
    — Eddie Ring, New Standard Equities, Inc.

This testimonial does not constitute a guarantee, warranty, or prediction regarding the outcome of your legal matter.