How hard can I push on consent rights before the operator walks
Working through a first JV structure on a value-add deal. $4.5M of equity, my side $4M, operator $500k, 8% pref then 50/50. I asked for consent on sale, refinance, any new debt, t…
A joint-venture capital provider supplies the equity capital in a partnership with an operating partner who brings the deal, expertise, and execution, sharing ownership and returns according to negotiated terms.
Log in to followWorking through a first JV structure on a value-add deal. $4.5M of equity, my side $4M, operator $500k, 8% pref then 50/50. I asked for consent on sale, refinance, any new debt, t…
24 unit building under contract, needs about $1.8M of equity. I've talked to four capital providers now. Two want three comparable completed deals with audited statements. One off…
Structuring JV equity into a $12.4M senior loan with $5.2M of equity behind it. My side is $4.6M, the operator puts in $600k and signs the recourse carve-out guaranty plus a compl…
I've got two questions nobody will give me a straight answer on. First, if I'm actually negotiating the document rather than signing a form, what am I paying a lawyer? I've heard…
An operator I've been talking to sent over a two page term sheet for a 48 unit deal. Top line says "JV equity partnership." Then the terms are 90/10 contributions, 8% preferred re…