Texas Super Lawyers named Andrew Botts to its 2022 Rising Stars list for mergers and acquisitions, recognizing Texas lawyers under age 40 whose accomplishments distinguish them from their peers.
Each year, no more than 2.5 percent of the lawyers in Texas are selected by the research team at Super Lawyers to receive this honor. Super Lawyers, published by Thompson Reuters, recognizes outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. The selection process includes independent research, peer nominations and peer evaluations.
Please see the following link for more information: Top Rated Dallas, TX Mergers & Acquisitions Attorney | Andrew Botts | Super Lawyers.
Andrew Botts counseled a business group on their $40 million 50/50
joint venture for a major mixed-use real estate development with an
estimated economic impact of $1 billion. The complex joint venture
involved seven entities, forming a private equity fund-of-one for
investment, a sale and financing, multiple tiered partnerships, and
an asset double drop-down. Andrew Botts advised on, among other
matters, the optimal tax and legal structure for the asset
drop-downs, the ideal capital structure, balance sheet, and tax
allocations and the distribution waterfall for the joint venture
entity, and Internal Revenue Code § 754 elections for adjusting the
basis of partnership property, S-corporations, net operating losses,
minimization of phantom income, and other complex tax matters.
The Higier Allen
& Lautin team was led by real estate shareholder Stuart Lautin
and tax associate Andrew Botts.
Andrew Botts advised a private equity fund sponsor on its $25 million
Opportunity Zone (OZ) fund. The OZ fund included matters involving
convertible debt, Internal Revenue Code § 1231 capital gains,
multiple classes of equity, preferred returns, and a complex
distribution waterfall. Andrew Botts counseled on, among other
matters, complex partnership tax allocations, tax obligations for
Qualified Opportunity Fund investments, capital gain tax deferral,
and tax eligibility requirements for OZ fund properties and
The Higier Allen & Lautin team was
led by corporate and securities shareholder Alexander Szeto and tax
associate Andrew Botts.
Stuart Lautin represented a New York based real estate group in connection with the sale of Cashel Springs Apartments, a 300-unit multi-family property located in Houston, Texas. Mr. Lautin assisted in the negotiation and preparation of the contract, negotiation of the conveyance documents, and the coordination of the REMIC CMBS defeasance of the existing acquisition loan.
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Stuart Lautin represented a real estate investment group based in New York City in connection with the acquisition of Southport Crossing Apartments, a 328-unit multi-family property located in Indianapolis, Indiana. Mr. Lautin assisted in the negotiation and preparation of the contract, review of the survey and title documents, negotiation of the conveyance documents, as well as negotiation of the securitized finance documents.
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Stuart Lautin represented a real estate investment group based in New York City in connection with the acquisition of Three Rivers Apartments, a 371-unit multi-family property located in Fort Wayne, Indiana. Mr. Lautin assisted in the negotiation and preparation of the contract, review of the survey and title documents, negotiation of the conveyance documents, as well as negotiation of the securitized finance documents.
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Andrew Botts advised a Texas-based real estate private equity fund on its simultaneous $7 million sale of multiple properties and complicated Internal Revenue Code Section 1031 like-kind exchange. Several of the fund’s partners wanted to cash out, while the remaining partners desired to pursue a 1031 like-kind exchange. Andrew Botts counseled on this complex tax restructuring that included, among other matters, partnership redemptions, allocations of taxable income, and Partnership Installment Notes (PIN).
The Higier Allen & Lautin team was led by real estate shareholder Stuart Lautin and tax associate Andrew Botts.