

Goodwin lawyers are well versed in helping clients navigate the AIFMD and other merger control issues as well as helping parties become REIT-compliant.

We regularly advise clients on real estate joint ventures that are REIT-compliant and/or UBTI sensitive (including “fractions rule”) compliance, as well as a variety of governance and economic structures, including complex promote waterfalls, clawbacks and multi-tiered transactions. Multidisciplinary Approach to Real Estate Joint Ventures From single-asset developments to stabilized portfolios, clients leverage our multidisciplinary approach to joint venture transactions, integrating expertise from our tax, ERISA, corporate, securities, regulatory, construction and litigation teams.
#Joint venture agreement real estate full#
Full Suite of ServicesĪs a global real estate joint venture law firm, Goodwin has successfully handled the entire spectrum of matters in this complex and shifting space. Clients count on Goodwin’s comprehensive understanding of the unique relationships and matters that arise during the lifecycle of real estate joint ventures, from formation concerns to exit rights. And as rapidly evolving technology disrupts industries around the world, we partner with our clients and embrace the promise and potential of innovation to make a lasting impact. Entering a joint venture agreement with the government or a renowned company with a strong reputation can be a great way to increase brand awareness and authority in the market.Institutional investors, owners and developers in real estate joint venture transactions face a raft of complex issues and market challenges as they invest across the United States and Europe. Joint ventures are great for building brand equity.Joint ventures make it relatively faster and easier to execute large-scale building projects to meet ever-growing housing demand.Landowners can have their property developed at no extra cost to them and they still get part ownership of the finished project. Each entity in a joint venture agreement enjoys the services or resources of the other party at little to no extra cost.Some landowners who have properties in highbrow or developing neighborhoods with a growing population and housing demand prefer to enter joint venture agreements with developers as a way of preserving the asset and generating income through it. In Nigeria, joint venture collaborations are now a common practice amongst property developers and landowners. Both parties operate on a pre-agreed term to determine how profit is shared at the end of the venture project. The resource could be in form of knowledge, expertise, or tangible and intangible assets.Ī joint venture in real estate is a system where two or more entities partner together on a real estate project which could range from building residential and commercial properties to erecting social infrastructures.Ĭommonly in real estate joint ventures, one party may be in charge of providing the land to build on while the other party manages the funding and execution of the project from start to finish. Each party in a joint venture agrees to put their resources together on a particular project.

A joint venture is a business arrangement where two or more parties work together on a common goal.
