Real Estate Syndications
Real estate syndications primarily fall under two key areas of law: securities law and real estate law.
- Securities Law: Real estate syndications often involve pooling money from multiple investors, making them subject to federal and state securities regulations. This requires compliance with the Securities Act of 1933, the Securities Exchange Act of 1934, and regulations from the Securities and Exchange Commission (SEC). Syndicators typically need to decide whether to register the offering with the SEC or rely on exemptions (e.g., Regulation D, Rule 506(b) or 506(c)). Compliance with securities laws ensures that investors are adequately informed about risks and that the syndication follows all registration or exemption requirements.
- Real Estate Law: Real estate syndications involve acquiring, managing, and sometimes developing properties. Therefore, they also touch on real estate law, including contracts for purchasing property, lease agreements, land use, zoning, and property management issues. The formation and structuring of syndications—often through LLCs or limited partnerships—also involve elements of business law.
Because of this blend, real estate syndication attorneys need to have a strong understanding of both securities regulations and real estate transactions. At, 3 Pillars Law, we provide both real estate and securities expertise to real estate sponsors and investors operating in the real estate investment and syndication industry. We take a team-based approach to best support your investment efforts, from the submission of a purchase and sales agreement, through contract negotiation, due diligence, capitalization of the debt and equity structure and through final closing. Additionally, we draft or review your lease and third-party vendor agreements, regardless of asset class.
We offer a full range of due diligence services to investors and operators who want to ensure a smooth closing, to include a property title search for clean title.
We advise on numerous beneficial Federal and State tax incentives, such as the Federal Historic Rehabilitation Tax Credit (HTC), state Preservation Tax Credits, Opportunity Zones, and Commercial Property Assessed Clean Energy (PACE) program that can maximize your cash flow, and remove barriers to entry in the real estate syndication business. We also have experience in the nuances of the Veterans Administration Home Loan Program, and how investors can maximize this benefit.


For Investors interested in “raw dirt”, we can work with you during the entitlement process of preparing the land for development and ultimate disposition for profit.
We have the flexibility to develop a team that is customized for your project, regardless of asset class or location. We do this through a personalized approach to understanding you, your organization, your objectives and your project. Our team is licensed in Colorado, Wyoming, Kansas, and Washington with nationwide reach. We have access to a wide array of legal expertise for your project.