Michael James Changaris

Practice Details

• Firm Information
  Position

  Partner

  Firm Name

  Procopio, Cory, Hargreaves & Savitch LLP
• Representative Cases & Transactions
  Cases

  Representative Matters: Joint Ventures
  Implemented pooled investment fund (venture size $400M).
  Negotiated platform joint venture agreement with Principal Enterprise Capital on behalf of co-investor/managers for investment in retail property (venture size of $750M).
  Negotiated platform joint venture agreement with Washington State Investment Board on behalf of co-investor/managers for investment in retail property (venture size of $350M).
  Negotiated platform joint venture agreement with Morgan Stanley Real Estate Investment Funds on behalf of co-investor/managers for management, development
  investment in retail property located in the People's Republic of China
  India (venture size of $300M).
  Negotiated platform joint venture agreement with tax-exempt educational institution on behalf of co-investors/manager for investment in retail property
  venture structure includes the ownership
  operation of a REIT (venture size of $407M).
  Negotiated joint venture agreement with Shea Homes
  Buie communities on behalf of mass home builder, for the development of 286 single-family residential lots (venture size $50M).
  Negotiated joint venture agreement on behalf of GMS Realty, LLC for the acquisition of a managing/controlling interest in Seaport Village, San Diego, CA (venture size of $25M).
  Negotiated joint venture agreement of behalf of mass home builder for the acquisition of a 426 acre parcel for home development purposes (venture size of $11M).
  Negotiated joint venture agreement with institutional investor, on behalf of mass home builder, for the development of 92 single family homes (venture size of $10M).
  Negotiated joint venture with investment arm for CALPERS on behalf of mass home builder for the development
  sale of 96 single family homes (venture size of $10M).
  Mergers & Acquisitions
  Large Mexico-based discount retail store chain in acquisition of another discount retail store chain valued at $500M.
  Publically traded defense contractor in acquisition of technology company valued at $25M.
  Publicly traded automobile manufacturer in numerous acquisitions of dealerships throughout the Southwest United States valued at $150M.
  Publicly traded biotech company in acquisition of biotech company valued at $25M.
  Aquatic sports company in numerous acquisitions of sporting goods design
  manufacturing companies valued at $11M.
  Seller of web-based marketing company to publicly traded buyer in sale valued at $8M.
  Semi-conductor manufacturer in acquisition of Canadian technology company valued at $7M.
  Web-based services company in strategic acquisition valued at $7M.
  Majority owner of Pet Kennel
  Grooming operation in buy-out of majority owners valued at $5M.
  Buyer of real estate management company based in the People's Republic of China valued at $4M.
  Buyer in acquisition of software technology company valued at $3M.
  Other Representative Matters: Obtained more than $200M of tax-exempt financing for health care facilities
  Advised real estate partnerships on structuring tax-free transfers of real estate assets to publicly-traded Real Estate Investment Trusts on a tax-deferred basis through UPREIT structures.
  Advise numerous real estate owners in structuring exchanges of real estate assets on a tax-deferred basis, deploying both straight
  reverse exchange techniques (
  including the creation of tenancy-in-common relationships to facilitate exchanges).
  Represented corporations
  individuals before the Internal Revenue Service, State Board of Equalization
  the Franchise Tax Board in tax controversies ranging from $3M to $30M.