Ice Miller advises sponsors, developers, operators, and investors in structuring and executing real estate joint ventures (JV) across asset classes and investment strategies.
We help clients form the partnerships that drive acquisitions, development projects, and long term operational platforms, whether for a single asset or a broader equity deployment program.
Our team combines deep real estate experience with private equity, tax, securities, and fund formation capabilities to ensure each JV is aligned with our clients’ commercial goals. We understand the dynamics between capital providers and operating partners and craft clear, practical agreements that anticipate future needs, manage risk, and support efficient execution across the investment lifecycle.
Our attorneys guide clients through all phases of the joint venture relationship, from term sheet development and entity structuring to closing, operations, restructuring, and exit. We assist in matters involving:
JV Structuring & Execution
- Equity JVs for acquisition, development, and value add projects
- Co-development and operating partner arrangements
- Programmatic, portfolio level, and single or multi asset JV platforms
- Preferred equity and other tailored capital structures
Full JV Lifecycle Support
- Term sheet development, entity structuring, closing, operations, restructuring, and exit
Private Equity & Fund Support
- Fund formation, management, and regulatory compliance
- Investor marketing and communications
- Operational and regulatory guidance for fund sponsors
- Alignment of fund structures with JV and co investment strategies
Syndicated Offerings
- Operating agreements, PPMs, and subscription documents
- Investor onboarding and securities compliance
- Capital raising strategy and investor negotiations
Ongoing Capital & Investor Support
- Legal strategies for effective capital deployment
- Long term investor relationship management
Leveraging the firm’s wider real estate experience spanning industrial, multifamily, office, retail, hospitality, mixed use, and several other matters—our JV team understands the business, regulatory, and operational pressures that shape partnership decisions. We draw on this knowledge to help clients structure arrangements that reflect market realities, manage downside exposure, and position ventures for long term success.

