Two couples agreed to form an LLC as equal members to develop and operate an upscale restaurant. One couple made its full capital contribution. The other contributed a portion and…
Institutional capital regularly takes non-managing positions in real estate joint ventures, relying on sponsor execution and structural protections…
Special purpose entity covenants occupy an awkward place in real estate joint venture documentation. The covenants themselves typically…
When a real estate joint venture goes wrong, the removal event provision determines whether the capital partner can…