RC Law Acted for European Family Office in Connection with their US Real Estate Investments

RC Law advised a European family office in the acquisition of a 12.92% interest in a real estate private equity fund created to raise funds and seek financing to acquire the One Union Center building in Washington DC. The deal was structured through a dozen vehicles designed to issue equity interests to U.S. and non-U.S. persons, to obtain mezzanine and real estate financing and to manage the newly acquired property. Our clients’ ticket was $3,050,000. The issuer as represented by Duane Morris LLP, New York. The transaction closed in December of 2017.