Real Estate

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Duo Development

Consultation on Entity Structure

Summary:

Assist an startup promoting ethical real estate practices by providing a consultation to answer discrete questions around their entity structure.

Referred by:

Jurisdictions: US (Chicago-based)
About the Organization: Duo Development is a nonprofit organization dedicated to creating ethical real estate development that benefits society. Their offerings include three distinct services (i) strategy and design consulting; (ii) real estate development; and (iii) research ventures.
Legal Entity Type: Nonprofit/Charity
SDG(s):Industry Innovation and Infrastructure, Partnerships to achieve the Goals, Sustainable Cities and Communities
Legal Issue(s):

Duo Development is currently registered as a nonprofit in Illinois. However, they are seeking a consultation to explore the most appropriate legal structure for their organization given their three different offerings. For example, they’d like to develop a strategy around how they should think about the legal entities related to their real estate development projects. They are also considering turning the consulting arm of the organization into a for-profit entity and would like to understand the implications.

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