Structuring Success
The Reliant Group contracted to purchase a 310,000 square foot class A office building in Los Angeles, despite an ongoing partnership dispute. The institutional owner’s operating partner was blocking the sale of the asset because he faced a tax problem that would be triggered by the sale. (
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“The Reliant Group arranged to pay the operating partner with REIT shares to avoid the tax issue and pay the institutional seller in cash. The result was a win-win for all parties.”
– Richard Ziman (CEO, Arden Realty)