Bruce L. Gelman, P.C. - Partner

• Tax

• 1993, Illinois 

• University of Detroit, (J.D., summa cum laude, 1992)
• Boston College, (B.A., 1990)

Professional Profile

Bruce Gelman is a tax partner with extensive experience advising fund sponsors and investors (both offshore and domestic).

Bruce concentrates his practice on the organizations and structuring of real estate, infrastructure, and other alternative-asset investment funds. He also has significant experience representing offshore investors in the U.S. property and infrastructure markets and maintains a broad tax planning practice representing public and private REITs and other investors in real estate.

Bruce has been included in Chambers USA every year since 2005. Chambers USA (2005) noted that Bruce "…[is] innovative, thinks outside the square and is great at working his way round obstacles," and described him as "[a] 'smart' lawyer …considered especially adept at solving clients’ problems, particularly in the structuring of REITs" (2006). Chambers USA (2007) recommended Bruce for his "…sound tax advice, especially on complex investment structures" and Chambers USA (2008) noted that sources "constantly hear wonderful things about [him]."

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Seminars

"Fund Terms & Conditions," PEI’s Infrastructure Investor: New York (2009)

Moderator, "The New Market for Infrastructure Funds: All Pumped Up with Nowhere to Invest," Terrapinn’s Investment World Americas (2009)

"U.S. Investment in Australian Real Estate (and other bits)," Greenwoods & Freehills’ Global Real Estate Conference (2009)

"Global Investment in US Real Estate - Structuring Investment Techniques and Solutions for Non-U.S. Investors," RealShare Investment and Finance Summit (2008)

"State of the Art Structuring for Infrastructure Funds and Investments," PEI’s Infrastructure Investor: New York (2008)

"Global Investment in Infrastructure Assets," Greenwoods & Freehills’ Australian Infrastructure Conference (2008)

"Hot U.S. Income Tax Topics," Presentation to the Property Council of Australia (2008)

"Exploring the Practicalities for Investments in U.S. Infrastructure," Terrapinn’s Investing in Infrastructure Assets Europe (2007)

"REITS Always Make Sense (Except When They Don't)," Greenwoods & Freehills’ Australian REIT Conference (2007)

"Structuring Strategies for the Non-U.S. Investor in U.S. Real Estate," National Association of Real Estate Investment Managers, Senior Legal Officer Discussion Forum (2006)

"State of the Art Investment Techniques for the Dutch Investor in U.S. Real Estate," AFIRE 2005 European Conferences (2005)

"Deal Structuring: What Key Issues are Involved in Getting Deals Done," IMN’s U.S. Real Estate Opportunity & Private Fund Investing Forum (2004)

"Why Private REITs?: The Top 10 Advantages (and Disadvantages) vs. Funds, Partnerships, Public REIT and REOC Structures," IMN’s The Private REIT Industry Symposium (2004)

"Deal Structuring: Efficient Tax, Legal and Accounting Practices," IMN’s U.S. Real Estate Opportunity & Private Fund Investing Forum (2003)

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Courts

1993, U.S. Court of Appeals for the Seventh Circuit

1993, U.S. Tax Court