YOON&YANG

Hana Alternative Asset Management’s Investment in Office Building in Dallas, TX

  • Recent Matters
  • 2020.12.17
Yoon & Yang successfully advised Hana Alternative Asset Management on its recent investment in an office building located in Dallas, TX, Legacy Central East.

The transaction involved a pre-transaction restructuring where AR LC, LLC created a new entity to which AR LC, LLC contributed its controlling interests in REIT that owned the property. Thereafter, Hana Alternative Investment US Real Estate Investment Trust No. 1, a fund established and managed by Hana Alternative Asset Management, acquired 95% LP interest in the new entity from AR LC, LLC.

Yoon & Yang collaborated with a local counsel and a financial advisor to provide comprehensive advices to the client on various issues and aspects of the transaction including deal structure, due diligence, negotiation and drafting of purchase agreement and joint venture agreement, and financing arrangement. Additionally, Yoon & Yang handled fund establishment, overseas direct investment report, and other relevant legal issues for the client to successfully close the deal. 
Practices
#Construction & Real Estate
#Foreign Investment / Outbound M&A