Description
The adoption of cryptocurrencies and the emergence of blockchain platforms have made real estate tokenization a potential capital-raising option. With tokenization, ownership interests in real estate assets can be more immediately bought and sold. Tokenization requires a thorough understanding of the technology, the offering process, and the regulatory issues involved.
Investors typically invest in real estate through an LLC or limited partnership that owns an underlying property. With tokenization, LLC or LP interests are tokens that can be traded or used as collateral in smart contracts. The issuer must determine the number and type of tokens and select an exchange platform for trading.
Offering documents may include operating agreements, subscription agreements, and a private placement memorandum. Offerings must also comply with know your customer (KYC) requirements and appropriately protect user data.
Tokens should have built-in compliance features such as transfer restrictions and secondary trading. Issuers must also determine how distributable cash will be paid (perhaps using stablecoins or other digital currency).
Listen as our authoritative panel discusses these and other matters associated with commercial real estate tokenization.
Presented By
Mr. Cianci has nearly 15 years of experience representing globally leading hedge funds, private equity firms, healthcare and life sciences companies, Fortune 100 corporations, and other sophisticated clients in complex, high-stakes litigation. He has successfully litigated numerous high-profile cases in courts and arbitral forums across the United States and internationally, with an emphasis on shareholder litigation (including securities class action litigation and breach of fiduciary duty actions), M&A litigation, complex commercial litigation, and government investigation and enforcement matters. Mr. Cianci also represents clients in the blockchain and cryptocurrency space in litigation and advises on a variety of regulatory and risk-mitigation considerations, including compliance with securities laws. Prior to joining Israel David LLC as a Partner, he was Counsel from 2020 to 2024 at the elite international law firm Ropes & Gray LLP and was an associate at that firm from 2011 to 2020.
Mr. Peery is a leader in the firm in providing investment management counsel and is a leading authority worldwide in over-the-counter derivatives, futures and derivatives in securitizations.
-
This 90-minute webinar is eligible in most states for 1.5 CLE credits.
-
Date + Time
- event
Tuesday, October 28, 2025
- schedule
1:00 p.m. ET./10:00 a.m. PT
I. Emergence of blockchain technology and digital assets
II. Real estate tokens contrasted with traditional LLC and partnership interests
III. Issues in tokenization
A. Compliance with securities laws and creation of a smart contract
B. Determining the number and type of tokens and the exchange platform
C. Offering process: confirmation of investor accreditation and listing of tokens
D. Administration: distribution of profits or other payments to investors
The panel will review these and other critical issues:
- What advantages do digital tokens have over traditional real estate investment vehicles?
- What are the securities law implications of tokenization? Is registration required?
- How should a token offering be documented?
- What are the transfer restrictions to build into a real estate token? What are the AML concerns?
Related Courses
New Markets Tax Credits After OBBBA: Deal Structures, Pairing With Other Tax Credits, Allocating COD Income to Partners
Wednesday, October 29, 2025
1:00 p.m. ET./10:00 a.m. PT
Qualified Opportunity Zones After OBBBA: Expanded and Enhanced Tax Incentives for CRE; New Reporting Requirements
Wednesday, November 12, 2025
1:00 p.m. ET./10:00 a.m. PT
Navigating the Current Distressed CMBS Market: Strategies for Borrowers and Lenders; Opportunities and Challenges
Tuesday, December 9, 2025
1:00 p.m. ET./10:00 a.m. PT