Securities Law, IPOs, REITs and Hedge Funds

Boston and Miami - Real Estate Investment Trusts (REITs) and Initial Public Offerings (IPOs)

If your business is interested in raising capital through real estate investment trusts, initial public offerings (IPOs),  private equity placements, or Hedge Funds Resnick & Associates can advise you on all phases of your offering from determining your eligibility and requirements under SEC regulations to preparing the offering circular, registration statement when required, and other essential documentation. Contact a securities lawyer at our office in Massachusetts or South Florida for further information about our ability to help you meet your capital goals.

For companies holding productive real estate properties from apartment complexes to commercial office buildings or retail malls, all or part of your business can be converted into a REIT, which then sells shares to investors in the manner of a mutual fund. REITs can be large or relatively small, publicly traded or privately held. Basically, a REIT allows a real estate investor to acquire shares of a trust fund that holds title to multiple properties in much the same way that a mutual fund enables investment in shares of a fund owning multiple corporate stocks. A REIT can also be regarded as a way to take a closely held real estate investment business public.

Attorney Anna Resnick can advise you about the income distribution and other requirements and potential tax advantages of a REIT, as well as other capital raising opportunities by converting a real estate holding company into a REIT.

For businesses that need to raise new capital to support the momentum of a period of sustained growth, taking the business public through an IPO can be a viable option for attracting investment. While a closely held corporation loses a certain amount of management flexibility and assumes new registration and disclosure responsibilities, converting the unknown value of equity in a growing business into stock at a definite value by itself can represent important advantages. There is also the possibility of great rewards if your initial public offering meets the market at the right time.

Resnick & Associates can also advise you about private equity placements for businesses that are willing to restrict the circulation of their offering in exchange for exemption from SEC registration requirements. If a position in your company might be attractive to accredited investors, we can help you structure and document your placement.

For those interested in more aggressive investment vehicles, the law office of Resnick & Associates can assist in opening and administering a hedge fund.  Hedge funds are growing in popularity among investors seeking to reduce volatility and risk while preserving capital and delivering positive returns under all market conditions.  They are more attractive for managers than a more conventional investment vehicle such as mutual funds because they generally offer it's managers higher compensation in the form of not only a management fee (typically 1-5% of assets under manager), but also performance fees (of 20-50% of gross returns). 

In the United States, hedge funds are open only to accredited investors and are usually exempt from regulation otherwise applicable to mutual banks, brokerage firms and investment banks.  Law offices of Resnick & Associates in affiliation with other professionals and advisers can assist you in every step of forming and running your own hedge fund, from preparing and filing initial statements and forms, developing a web-site and presentation materials, and later providing administration of your hedge fund. 

For additional information about REITs, IPOs, Hedge Funds and other means of raising capital for your business, contact a securities lawyer at Resnick & Associates in Boston or Sunny Isles Beach, Florida.