Monkeys,
I’m looking for some guidance on how to determine how much to buy into a Development JV. I have Totals Costs, financing assumptions, unit mixes, etc, but I’m trying to establish how much would should pay two join another LP in deal where we would split certain buildings...
Thanks!
| +55 | Long Game: Development vs Asset Management | 18 | 6h |
| +34 | Future of Real Estate | 9 | 5d |
| +28 | Extremely Slow Ramp Up | 5 | 4d |
| +24 | Future of Multifamily | 15 | 17h |
| +22 | CRE Banking @ Top 3 Bank or Asset Management at Public REIT | 13 | 2d |
| +22 | No IB RO considering RE | 9 | 18h |
| +19 | Most Correct Way to Grow Rents in MF Development Underwriting | 4 | 1d |
| +18 | PGIM investment analyst low pay | 15 | 19h |
| +15 | Midweek timing of resignation? | 10 | 21h |
| +15 | Reneging MBB Offer to search for CRE job? | 8 | 15h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
I can't even understand what you wrote...
Haha, totally fair. Just reread it.
Basically I’m trying to understand how to value a LP Partnership interest in which each LP invest together in a mixed use deal. I.e once partner has returns for office, the other for multi, but they are part of the same LP Partnership. Does that make sense?
Honestly no, I don't know what you mean. From what I can gather from multiple re-reads, you're looking at a mixed use deal where one LP will put up the capital for office and another for the multi, but they're in the same fund/partnership? I'm not sure why you wouldn't just run the full mixed use property and treat the capital as fungible for each investor (i.e., each investor gets their pro rata share of returns and don't invest in specific projects, but I'm only 50% sure I'm even in the same state as what you're asking.
If each one is investing in the multi/office separately I'm not sure why you wouldn't just model it as if they were separate.
Whatever man....If you’re not at least going to try to be helpful then eat a dick.
Impedit itaque et hic vitae dolorum voluptatum rerum et. Ut sapiente facilis doloribus error iure qui deleniti rerum.
Qui qui rerum libero repellendus est. Libero molestias porro veritatis aut animi aut. Atque ullam aut ipsa quam omnis.
Consequatur in a sed maiores qui ipsam. Ducimus adipisci ducimus quis illum sed in. Non est itaque dolore laborum. Dolorem ab possimus ut dolores odit dolores. Sunt nobis fuga tempore et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...