Pillsbury Tax partner Brian Blum is highly skilled in federal taxation matters, especially issues involving partnerships, joint ventures, limited liability companies and real estate investments.

Brian structures real estate investments for developers and investors; advises on low-income housing and historic tax credits; represents REITs and UPREIT and DownREIT partners in acquisition and ownership matters; counsels startups and portfolio companies regarding investments in their entities, institutional equity sources and liquidity events; and crafts tax-efficient structures. A former IRS technical reviewer, Brian has used his experience to represent taxpayers in private letter rulings involving corporate spinoff, REIT, S Corporation and partnership issues.

Representative Experience

  • Served as outside counsel to Cervalis Holdings in connection with its sale to Cyrus One for $400 million.
  • Advised Louis Berger Group on the formation of an innovative employee investment limited liability company.
  • Represented publicly traded REITs in connection with public offerings of debt and equity in excess of $12.5 billion.

Professional Highlights

  • Led the development of IRS partnership guidelines concerning allocations, liabilities, basis adjustments and indebtedness cancellations while serving as senior technical reviewer in the IRS’ Office of the Assistant Chief Counsel.
  • Recognized by The Legal 500 U.S., Real Estate (2018-2019)

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  • American Bar Association, Section of Taxation


  • J.D., University of North Carolina School of Law, 1988

    B.S., Saint Louis University, 1985


  • District of Columbia


  • U.S. Tax Court

    U.S. District Court for the Northern District of Illinois