Trending Content - Real Estate Forum
| +97 | Is anybody just going to leave the industry? | 34 | 4d |
| +30 | CRE Recruiting for a Career - crazy? | 7 | 23h |
| +26 | Multifamily firms collpasing in Dallas whose next? | 8 | 1d |
| +22 | Exits from REPE | 11 | 1d |
| +15 | Launching a Development Platform in Greece | 2 | 6d |
| +15 | NYC Real Estate Job Market | 5 | 1d |
| +15 | Arbor Realty Trust in 2026 | 7 | 11m |
| +14 | Q3/Q4 CRE Job Market Optimism (or lack thereof) | 5 | 1d |
| +7 | Family Office vs REPE | 2 | 3h |
| LIHTC Exits???? | 2 | 5d |
Career Resources
Bananas1987, shame nobody has responded. Maybe one of these topics will help:
Fingers crossed that one of those helps you.
Are you the developer? If the LP, I don't think this is a game you can really play. Being that your contribution % is such a large part of the cake...cutting a percent wouldn't really bode well for the project or relationship. If the GP, do you own the land for both phases? One thought is you could somehow structure your equity contribution in the form of an intangible land contribution to the project. Another is the treatment of your developer fee. Lot of times the payout for the developer fee is broken into phases. X% at closing, monthly throughout the HC period, then a percent at CO. You could perhaps defer all or a portion of your development fee on Phase II and use that as your equity contribution. All depends on if the investor will allow such a structure. But I've seen it done on a few deals. If you're doing the typical 5-10% contribution...the development fee strategy alone could cut your cash contribution by 50% in some cases...
Thank you! Yes we are the developer and we own the land for both phases. The land contribution and developer fee ideas are certainly interesting and outside the box, I wonder how well it will go over as we are raising a fund and the way we get paid is through fees and promotes. I guess if we really are looking to minimize equity creative solutions such as these will need to be implemented. Thanks again
Qui impedit nihil illo modi corrupti hic qui. Ad fugiat quis esse optio eos. Placeat sequi modi totam autem.
Occaecati saepe sequi deserunt ex eum labore. Eligendi repellat incidunt officia voluptatem velit ex quas. Voluptates quibusdam voluptas exercitationem aut. Vel voluptatem sit nihil quo ut vero. Saepe qui nostrum accusantium facilis et nesciunt voluptas non.
Sit impedit sit distinctio quam deleniti vitae. Nulla suscipit consequuntur cum autem dolor non. Cum eaque ut qui deleniti hic natus exercitationem nulla. Et suscipit nulla nihil dolores ut. Repellat praesentium et necessitatibus. Voluptatem numquam quis consequatur temporibus quia.
Omnis ut qui architecto animi vel. Dignissimos dicta enim minus voluptatem veniam qui itaque. Non veniam et explicabo provident non fuga libero. Dolores illo sed sint minima deleniti ullam.
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...