JOEL S. KAPLAN

Practice Groups

Business and Corporate
Securities/Mergers and Acquisitions
Financial Institutions
Real Estate and Land Use

Experience

Partner, 2004-

Mr. Kaplan’s law practice has a dual focus on sophisticated real estate acquisition and finance transactions, and corporate finance and securities transactions. Many of his clients rely on him as a key strategic partner to help guide the growth of their businesses.

Real estate practice emphasizes complex acquisition, joint venture and finance transactions on behalf of owners, developers and real estate equity funds. Substantial experience in the formation, syndication and operation of private real estate equity funds and in structuring their investments. Particular expertise in the acquisition, development, financing and management of multi-family residential communities. Real estate finance transactions and experience include:

     Formation and syndication of real estate equity
          and mezzanine loan funds
     Mezzanine loans
     Joint ventures, preferred equity and other structured
          finance transactions
     Conduit loans, including assumption and defeasance
     Low-income housing tax-exempt bond financings
     Portfolio recapitalizations
     Avoidance and mitigation of UBTI
     Formation and capitalization of captive REITs
     Representation of Freddie Mac/Fannie Mae multifamily
          loan borrowers
     Creation and termination of, and borrowing by,
          Tenancies-in-Common (TICs)

Mr. Kaplan’s clients have successfully executed over $2 billion of real estate transactions in the last four years. Many of these are highly sophisticated and complex transactions, involving cutting-edge issues.

Corporate and securities practice includes organization and ongoing representation of business entities, corporate finance and mergers and acquisitions. Experienced in private placements and public financing transactions, including SEC registered offerings, as well as formation and operating of hedge funds. Substantial experience in software licensing, product distribution issues and general corporate counseling. Broad practice over many years has provided excellent base to provide general corporate counseling.

Prior executive management experience in the financial services industry, with expertise in the design and distribution of tax-deferred annuities and the distribution of financial products, primarily annuities and mutual funds, through banks and credit unions.

Ball Janik, LLP
Portland, OR

     Partner, 2001-2004

ING United Life Insurance Company
     (annuity underwriter)
Marketing One Inc.
     (broker-dealer and instruance agency)

     President, 1998-2000
     EVP and General Counsel, 1994-1998

Tonkon Torp LLP

     Partner, 1988-1994
     Associate, 1983-1988

Education

University of Oregon, Eugene, Oregon, J.D., 1979

California State University, Fullerton, California, Bachelor of Arts, 1976

Admitted to Practice

Oregon, 1979

U.S. District Court, District of Oregon

Professional Activities

Oregon State Bar

     Business Law Section Member
     Real Estate and Land Use Section Member

Multnomah Bar Association

Publications

Author: “Contract Law in Oregon,” Oregon State Bar, 1991

Civic Activities

Director, Social Venture Partners Portland (philanthropic organization)