In the development of real estate, we advise clients with respect to organizational and tax issues arising out of the formation and operation of corporations, partnerships, joint ventures and limited liability companies.  The decision to utilize a pass through entity such as an S corporation, partnership or limited liability company is frequently tax driven.  We have the necessary tax experience to ensure that the negotiation of the governing agreements results in terms that reflect both the tax and economic objectives of our clients.  We also have nationally recognized tax expertise in transactions involving the low-income housing, historic and new markets tax credit programs.

The firm assists clients in the placement of equity interests, primarily in the real estate industry.  Our work in this area involves the preparation of the necessary offering memorandum and collateral documentation.  We have assisted in the establishment of equity funds for investment in commercial and residential rental properties.

Applegate & Thorne-Thomsen
322 South Green, Suite 400
Chicago, IL 60607