The three main reasons for entering a joint venture in real estate development. It`s pretty straight, if you understand the engine of the joint ventures. So we did it… We found an international developer with deep pockets and partnered with them to create a new joint venture company that allowed us to transform a 4 hectare plot of land into a 15- and 110-hectare development project. By successfully using joint ventures in real estate development, we can share and spread risk with other parties, unlock websites, access financing and use specialized skills. A very powerful structure, provided we know what we are doing. Like many concepts and structures in real estate, the use of joint ventures in real estate development can first be frightening until it is fully understood and used. This article has been compiled to rework the basics of what a joint venture is in real estate development, when it should be used and how they can be structured. As you will see after reading the article, your business plan may want to include joint ventures as a strategy.

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