What Every Real Estate Investor Must Know About Joint Ventures
Commercial real estate joint ventures are a marriage of necessity: one party has an opportunity under control but needs capital, and another has capital and needs somewhere to place it that fits their risk profile.
Of course, as financial modelers, we are generally focused on the dollars-in, dollars-out mechanics of the JV. But there are many other important elements to a joint venture that require negotiation. As a result, there are a lot of ways to potentially go wrong.
Jeff Lerman has seen it all in his long career as both an attorney and a JV investor. Learn more about this topic in our JV modeling webinar next week. Seats are limited!