Joint Venture & Acquisition Advisory

Hahn USA provides joint venture (JV) and acquisition advisory for institutional investors, corporate buyers, and private capital pursuing control-oriented U.S. transactions where commercial real estate assets and operating businesses are inseparable.

Our role is not to run broad sell-side M&A processes or to act as an investment bank. We advise on buyer-driven transactions where diligence, structure, and execution discipline materially affect outcomes—particularly in industrial, logistics, manufacturing, hospitality, and special-purpose asset environments.

Our JV and acquisition advisory work is centered on transactions involving:

• Operating companies with material real estate ownership or leasehold exposure
   
• Facilities that are mission-critical to operations
   
• Corporate carve-outs, platform acquisitions, and expansion-driven transactions
   
• Joint ventures between U.S. operators and Korean corporate or institutional capital
   
• Situations where control, governance, and downside protection matter more than headline pricing
   

Advisory engagements are selective and typically aligned with a corresponding commercial real estate brokerage mandate.

Hahn USA approaches JV and acquisition advisory through a practical, execution-focused diligence lens. Our work is designed to surface risks and constraints that directly affect deal viability—before capital is committed.

• Ownership vs. leasehold structure and transferability
   
• Facility suitability, obsolescence, and replacement risk
   
• Zoning, permitting, and entitlement exposure
   
• Expansion capacity and long-term optionality
   
• Location dependencies (labor, logistics, utilities, infrastructure)
   

• Operational reliance on specific facilities or sites
   
• Separation risk in carve-outs or partial acquisitions
   
• Capital intensity and reinvestment requirements
   
• Alignment between operating cash flow and real estate economics
   
• Governance and control dynamics in JV structures
   

• Asset acquisition vs. equity acquisition analysis
   
• HoldCo / PropCo and JV structuring considerations
   
• Sequencing of real estate and operating-company transactions
   
• Coordination with legal, tax, and capital advisors
   
• Identification of execution risks that affect post-closing performance
   

The objective is to answer one question clearly:

Is the transaction executable on acceptable terms once real-world constraints are fully considered?
 

The principal of Hahn USA holds the Certified Merger & Acquisition Advisor (CM&AA) credential, reflecting formal expertise in transaction structuring, diligence, and control-oriented deal execution.

This expertise is applied selectively in transactions where commercial real estate and operating businesses intersect, adding a transaction-level perspective that often falls between traditional real estate brokerage and operating-company analysis.

• Clear distinction between asset vs. equity transaction implications
   
• Improved assessment of governance, control, and exit mechanics
   
• Identification of diligence issues not visible in financial statements alone
   
• Better alignment between deal structure and real estate execution
   
• Enhanced cross-border awareness for Korean corporate and institutional buyers
   

CM&AA expertise at Hahn USA is used to strengthen diligence and execution judgment, not to market sell-side M&A processes.

Unlike standalone M&A advisors, Hahn USA operates at the intersection of transaction advisory and commercial real estate brokerage.

This integrated approach allows us to:

• Align diligence findings with market reality
   
• Identify real estate risks early, before they become deal-breakers
   
• Support negotiations with asset-level and site-specific insight
   
• Execute acquisitions, dispositions, or lease restructurings as part of the transaction outcome
   

All brokerage services are performed by licensed real estate brokers in their respective states, with California transactions conducted under Department of Real Estate (DRE) jurisdiction.

Our JV and acquisition advisory is most often engaged in:

• Korean corporates acquiring U.S. operating platforms with embedded real estate
   
• Joint ventures between foreign capital and U.S. operators
   
• Platform acquisitions where facility control is mission-critical
   
• Expansion-driven acquisitions requiring site continuity
   
• Transactions where diligence must extend beyond financial review
   

Engagements are selective and typically structured as:

• Retainer-backed advisory mandates
   
• Scope-defined diligence assignments
   
• Advisory support tied to a live transaction and brokerage execution
   

We do not pursue high-volume mandates or generalized sell-side processes.

JV and acquisition advisory services are provided across:

• Washington
   
• California
   
• Texas
   
• Georgia
   

This footprint supports cross-regional execution and transactions involving multi-state real estate exposure.

Hahn USA’s role is to support sound transaction decisions, not to manufacture deal flow.

Our advisory work is best suited for clients who value:

• disciplined diligence
   
• realistic execution planning
   
• principal-level involvement
   
• clear separation between advisory judgment and brokerage authority
   

To discuss a JV or acquisition scenario where real estate diligence and execution discipline materially affect outcomes, please reach out directly.