Max Dilendorf

ABOUT

Max Dilendorf’s practice involves real estate transactions, security token offerings (STOs) and blockchain.

Max focuses on legal and SEC regulatory aspects of security token offerings in the US.

Max advised and assisted local and international blockchain companies, funds, investors and entrepreneurs with launching and/or investing in tokenized real estate and fund offerings, asset-backed token issuance for a global green energy mining operation, blockchain real estate development and management platform, blockchain based healthcare network, decentralized cryptocurrency exchanges, crypto hedge funds and many other projects.

For real estate clients, Max handles all phases of real estate transactions, including tokenization of real estate and real estate debt, acquisitions, dispositions, 1031 exchanges, leasing and financing of real estate in New York, including multifamily and mixed-use properties, retail and office buildings.

Max’s practice also involves advising foreign investors on effective real estate holding structures and tax consequences in connection with ownership, operation and transfers of U.S. real property interests, including estate, gift, and income tax planning, FIRPTA withholding requirements, effectively connected income and IRS reporting requirements.

Contact

md@dilendorf.com

60 Broad Street, 24th Floor
New York, NY
O. 212.457.9797

Expertise

Securities Regulations
Security Token Offerings (STOs)
Blockchain
Business and Real Estate Joint Ventures
Inbound Investments in US Real Estate
Blockchain Advisory

Education

New York Law

Bar Admissions

New York
U.S. Southern District of New York

ATTORNEYS' EXPERIENCE

US Inbound Investment in Commercial Development Project

Represented a foreign private fund in connection with the corporate and tax structuring of their investment in commercial real estate project in NYC by utilizing beneficial tax treaty provisions, and combination of debt and equity

Commercial Property Tokenization Consulting

Advised a client regarding the process of tokenizing $40M commercial property in the Midwest, addressed applicable securities regulations and token transfer restrictions for US and non-US investors, selected appropriate legal structure and consulted regarding the underwriting process on a smart-contract, issuance of ERC-20 tokens, verification of the accreditation status of US and non-US investors, KYC/AML checks, as well as onshore/offshore banking

Acquisition of Development Lot in Miami

Represented a developer as co-counsel in the acquisition of a $21M development lot on the Indian Creek Compound, Miami, FL

Sale of Multi-Family Building and Partner Buy-Out

Successfully represented a client in the sale of a mixed-use building in Midtown, Manhattan and in the buy-out of his partner’s ownership interest in the building

Tokenized Real Estate Lending Fund

Working with a client on setting-up a $20M tokenized real estate lending master feeder fund (US/Cayman), including potential tax implications, application of US securities and investment regulations and worldwide treatment of the fund tokens

Commercial Loan Secured by a Building

Represented a borrower in a $10M commercial loan transaction secured by an office building in Florida

Acquisition and Development of EPA’s Superfund Site in Connecticut

Represented a developer as co-counsel in a $50M project that involved the acquisition of the EPA’s Superfund site in CT for developing a 100,000 SF retail store

Retail Condo Purchase and Financing

Assisted a foreign client with obtaining financing for the purchase of a $5.75M retail condominium unit in Downtown, Manhattan

Reverse 1031-Exchange

Advised a foreign client on structuring a reverse 1031-exchange for the sale of $5M mixed-use property in Midtown Manhattan

Delaware Dynasty Trust to Purchase and Hold Investment Real Estate

Represented a foreign investor as co-counsel in connection with setting-up a Delaware Dynasty Trust for asset protection purposes and for purposes of purchasing and holding investment real estate in New York

Luxury Estate Lease in Greenwich, CT

Represented a member of a royal family as co-counsel in drafting and negotiating the lease for a residential property in Greenwich, CT