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RevOZ Capital / 755 E. Gilbert Street

Represented RevOz Capital in their formation of a joint venture known as San Bernardino Medical Center, LLC.  We assisted our client in forming a Qualified Opportunity Fund to invest in the new joint venture, a Qualified Opportunity Zone Business, in order to acquire real property located in San Bernardino, California in a Qualified Opportunity Zone, which the joint venture will develop into a brand new medical office building.  The joint venture is managed by SB Medical Partner, LLC, who was represented by Buchanan Ingersoll & Rooney LLP.

BLVD Partners / Sale of 1931 Bay Street

Represented BLVD Partners LLC in a recapitalization transaction in the amount of $15,644,190.  This transaction was the recapitalization of last year’s Real Estate “Deal of the Year”, which closed in August 2018.  In order to take advantage of the project’s Opportunity Zone-based tax benefits, BLVD recapitalized this project by selling the property to a newly-formed joint venture with Bridge Investment Group.  In doing so, our client was able to pay off its original acquisition loan, acquire the interests of the other TIC member who had previously invested in the property, and also pay off the investors of the original syndication that was formed to acquire the Property.  Moreover, through the assistance of our team and Bowen Tax Group, our client successfully structured the transaction to hold the asset in a Qualified Opportunity Fund, so he is better positioned to reap the benefits of the project’s advantageous location in a Qualified Opportunity Zone.

Las Vegas University Village, LLC / Arden JV

Represented GFO Echo, LLC, an affiliate of Gupta Family Office (formerly Redbridge Capital, LLC) in connection with a joint venture with Arden Qualified Opportunity Zone, L.P.  (an affiliate of the Arden Group) formed for the construction of a $66,000,000 student housing project near UNLV in Las Vegas, Nevada.  Arden was represented by its in-house counsel as well as Baker & McKenzie.

Corbel Structured Equity / 39th Street/Normont Apartments

Represented Corbel Structured Equity Partners, L.P. (“Corbel”) in connection with (i) the formation of Corbel Opportunity Zone Fund I, LLC, (the “Fund”), a Qualified Opportunity Zone Fund structured as a joint venture between Corbel and Jill Elia, (ii) the $3 million acquisition of the Normont Apartments in Los Angeles, California, (iii) an $8.9 million construction loan from an affiliate of Arixa Capital Advisers, LLC, and (iv) a capital raise of $4.6 million of capital gains for placement into the Fund.

Sherwood Real Estate Partners / 1418 Tamarind Ave. (2)

Represented Copenhagen, LLC, another affiliate of Sherwood Real Estate Properties, LLC, in its acquisition of a multi-family property located in an opportunity zone in Los Angeles, California for a purchase price of $2,350,000.

Sherwood Real Estate Partners, LLC / 1418 Tamarind Ave.

Represented Emmitt, LLC, an affiliate of Sherwood Real Estate Properties, LLC, in its acquisition of a multi-family property located in an opportunity zone in Los Angeles, California for a purchase price of $5,000,000.

  • “For several years, I have worked with Sklar Kirsh for my M&A and other corporate law needs.  They are practical and creative lawyers and have guided me through several major transactions with a steady hand and clear focus on my goals.”
    — Mark Mickelson, Managing Partner of Next Point Capital, Chairman of Art Brand Studios & Chairman of Next Point Bearing Group

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