Katie Philippart LaKoma
PartnerAbout
EXPERIENCE
- Representation of numerous fund sponsors in all aspects of the structuring and operation of private investment funds, with a particular focus on REITs, real estate and real estate related assets.
- Representation of a leading investment management firm with more than US$56 billion in assets under management on tax matters pertaining to REIT formation, REIT operation, acquisition, and disposition structuring, purchase agreement and joint venture negotiation.
- Representation of a Paris based real estate investment company with more than EUR€8 billion of assets under management on the formation and operation of a private REIT by its Société Civile de Placement Immobilier (SCPI), a French fund structure similar to a REIT, in connection with its initial entry into the US commercial real estate market.
- Representation of Hollywood real estate developer and its joint venture with a global investment firm on REIT matters pertaining to the structuring and licensing of a new state-of-the-art Hollywood studio valued at more than US$600 million.
- Representation of an institutional investment advisor in its acquisition of a REIT owning a 23-asset multifamily portfolio valued at over US$2 billion.
- Advisement of numerous public, non-traded and private REITs in all US federal income tax aspects of REIT formation, operation and compliance at both the property and REIT-level.
- Representation of numerous taxable, tax-exempt and non-US investors in structuring tax-efficient investments in real estate, private equity and hedge funds.
- Representation of a Korean sovereign wealth fund in connection with its investment into U.S. & Canadian infrastructure fund and its co-investment vehicle.
- Representation of a Korean sovereign wealth fund in connection with the syndication of a 23.75% interest in a $1.5 billion U.S. real estate multi-family venture.
- Representation of STORE Capital Corporation (NYSE: STOR), an internally managed net lease real estate investment trust that invests in single tenant operational real estate (STORE Capital), in its acquisition by GIC, a global institutional investor, in partnership with Oak Street, a division of Blue Owl and one of the largest investors in net lease real estate, an all-cash transaction valued at approximately US$15 billion, including assumed debt.
- Representation of BTIG, Jefferies, Piper Sandler and Roth Capital Partners (and certain of their affiliates), as the sales agents, forward sellers and forward purchasers, in the US$500 million “at-the-market” offering of common stock and preferred stock by Innovative Industrial Properties, Inc. (NYSE: IIPR), the only NYSE-listed cannabis REIT.
- Representation of JMP Securities, KeyBanc Capital Markets and Huntington Capital Markets, as the sales agents in US$200 million “at-the-market” offering of common stock by LTC Properties, Inc. (NYSE: LTC).
Education
- J.D., University of California at Los Angeles School of Law
- B.A., University of Michigan
Publications
Seminars
- Speaker, “Timely Topics for Real Estate Funds and REITs,” DLA Piper and Crowe Real Estate Round Table, December 2024
- Speaker, “Real Estate Investment Trusts (REITs) – Fundamentals,” Real Estate Training, DLA Piper, July 2023
- Speaker, “REITs in JV and Fund Structures,” Investment Management Training, DLA Piper, June 2023
Media Mentions
- “REITs Can Qualify in Year One Despite Lack of Assets, Income,” Tax Notes, October 7, 2024
- GIC y Oak Street compran STORE Capital por 14.000 millones de dólares, March 3, 2023
- Oak Street and GIC’s Acquisition of Store Capital – Global Legal Chronicle, September 19, 2022
Memberships And Affiliations
- Member, National Association of Real Estate Investment Trusts (Nareit), Federal Tax Subcommittee
- Member, National Association of Women Lawyers, Real Estate Law Affinity Group
- Member, Real Estate Roundtable
- Member, UCLA Law Women LEAD
My latest insights
Connect
Phone
+1 312 368 4036
(Work, Chicago)
Location
Chicago
444 West Lake Street
Suite 900
Chicago
Illinois
60606-0089
United States of America
