Real Estate Development
At Chang, our Real Estate Department harnesses extensive industry experience and a multi-disciplinary approach to provide comprehensive guidance on all aspects of real estate transactions, regardless of structure, size, location, or property type. We serve a diverse clientele, including public and private entities, domestic and international investors, developers, and family offices. Our expertise spans transactions across the United States and globally, ensuring meticulous and effective representation in every deal.
Experiences
Historical Landmark
We bring specialized expertise in navigating the complexities of transferring and developing historical landmark properties. Our team adeptly manages regulatory and procedural challenges, ensuring the preservation of value and the seamless continuity of wealth across generations.
Multi-Family Development
As part of a comprehensive generational wealth transfer strategy, we facilitated the transformation of land into a multi-family property. This process involved establishing a trust and carefully managing the asset portfolio to ensure the seamless transition of wealth across generations while maximizing the value and utility of the property.
Business Succession
When business succession involves real estate, we take a comprehensive approach—evaluating the asset portfolio through the combined lens of business operations and real estate valuation. This integrated strategy ensures optimal outcomes for both investment performance and long-term wealth transfer.
Cross Border
When properties are located across multiple states or even different countries, our cross-border real estate practice utilizes a multi-jurisdictional approach to ensure a smooth and effective wealth transfer. We navigate the complexities of varying legal and regulatory environments to safeguard and optimize your investment.
Fact and Insights
For High Net Worth Individuals (HNWIs), real estate typically constitutes a significant portion of their total asset portfolio. On average, real estate accounts for approximately 20-30% of their total investments. This percentage can vary widely depending on individual investment strategies, market conditions, and personal preferences. Real estate is often valued for its potential for appreciation, income generation, and diversification benefits.
Market Trends
As real estate markets fluctuate, HNWIs may adjust their allocations. In periods of high real estate appreciation, the proportion of assets allocated to real estate might increase. Conversely, during market downturns, they might seek to rebalance their portfolios.