Nonprofits and Commercial Real Estate

course

COURSE INFO

  • Available Until 3/25/2025
  • Next Class Time 12:00 PM CT
  • Duration 60 min.
  • Format MP3 Download
  • Program Code 03242023
  • MCLE Credits 1 hour(s)


Course Price: $65.00
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COURSE DESCRIPTION

Nonprofit and exempt organizations are often attracted to real estate because the asset class is seen as comparatively safe yet offers opportunities for long-term appreciation and, perhaps, ongoing income.  Even if these investment assumptions prove correct, real estate assets – ownership of exiting property, development of new property, or leasing activities – implicate a range of restrictions, complications, and compliance obligations.  These include regulatory restrictions depending on whether the real estate investment furthers the entity’s charitable purpose or not; collaborations with for-profit joint ventures; and debt financing of investments.  This program will provide you with a real world guide to advising nonprofit and exemption organization clients about real estate activities.

 

  • Use of 501(c)(3) funds for real estate acquisition and development
  • Restrictions of using nonprofit/exempt organization funds in for-profit real estate transactions
  • Compliance issues for nonprofit/exempt organizations participating in real estate deals
  • Planning for event something goes wrong – how to limit damage to for-profit and nonprofit

 

Speaker:

Michael Lehmann is a partner in the New York office of Dechert, LLP, where he specializes in tax issues related to non-profits and in the tax treatment of cross-border transactions.  He advises hospitals and other health care providers, research organizations, low-income housing developers, trade associations, private foundations and arts organizations.  He advises clients on obtaining and maintaining tax-exempt status, executive compensation, reorganizations and joint ventures, acquisitions, and unrelated business income planning.