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.
In this video, you will learn:
- The advantages of a JV over a syndication
- How to pick the best structure for your JV
- What to do if more money is needed
- How to avoid the problem JV partner
- The most frequently overlooked JV agreement provision that lands partners in court
- How to recognize common warning signs you’re headed for a lawsuit with your partner
- Case studies and more.
Email Jeff@lermanlaw.com to get Lerman Law’s two free Special Reports:
- 17 Steps to a Successful Joint Venture
- 12 Warning Signs You’re Headed for a Lawsuit With Your Partner