Promote Crystallization in Real Estate Joint Ventures: Agreement Structure, Benefits, Mechanics
Strafford
Feb
25
2025
Date: February 25, 2025
Time: 1:00PM - 2:30PM (EST)
Mintz Members Danny Guggenheim, Mike Soejoto and Of Counsel Chris Smith will be speaking on a webinar presented by Strafford titled, "Promote Crystallization in Real Estate Joint Ventures: Agreement Structure, Benefits, Mechanics," on February 25 at 1pm.
This CLE webinar will discuss promote (also known as carried interest) crystallization in real estate joint ventures (JVs). The panel will discuss the benefits of using promote crystallization; the mechanics of promote crystallization, including triggering events; calculating the promote and how the promote is paid; and negotiating and drafting considerations for promote crystallization provisions.
Speakers
Daniel B. Guggenheim
Speaker
Daniel Guggenheim is a Mintz Member and commercial real estate attorney who focuses his practice on acquisitions, dispositions, and financings, as well as complex investment structuring involving joint ventures, preferred equity, and other sources of funds.
Michael D. Soejoto
Speaker
Michael D. Soejoto is a Member in the Mintz Real Estate Practice. He has extensive experience handling the federal income tax aspects of real estate transactions and real estate–related investments for private equity and hedge funds, REITs, private and institutional investors, and owners and developers of commercial real estate properties.
Chris W. Smith
Speaker
Christopher Smith is Of Counsel at Mintz and a commercial real estate attorney who focuses on acquisitions, dispositions, financings, restructurings, and leasing. He draws on extensive in-house experience to counsel clients on real estate matters related to multifamily, office, hotel, and retail properties.