International Fund Raising and bringing money into the US for CRE investments via other countries or methods
I’m highly interested in foreign fund raising for domestic CRE projects. I’m curious as to the basic process of bringing money from outside of the country in and putting it into projects. LLC, taxation, investment vehicle structure, legal agreements, etc. is there any great resources or people that have a strong understanding in this area of real estate that could illuminate it further?
[{"id": "i3vbx8t", "text": "Oh man, I'm not sure about deal-by-deal capital raising but at the Fund level we have to comply with a wide variety of foreign regulators, you might be required to have a third party placement agent, you need specific structuring to work around taxation and UBTI and that's just the tip of it. Best resource is going to be foreign counsel, not even our domestic counsel is able to keep track of best practices.", "replies": [{"id": "i3x5nbx", "text": "So basically reach out to lawyers with direct experience and practice in the country I would solicit the money to get legal advisory?", "replies": [{"id": "i3xexnb", "text": "doesn't need to be country-specific, a good Euro lawyer can cover everything, as could a good Asia lawyer.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}]