Private Equity & Joint Venture
In today’s volatile capital markets, real estate has become an increasingly popular asset class. Reasons include diversification, stable cash flows over capital appreciation, a desire for tangible assets, and opportunities for tax deferral. The larger real estate investment deals are often structured as joint ventures, both for new construction and existing, cash-flowing properties. Risk-tolerance, desire for control, capital contribution requirements, and sponsor promote can vary greatly. However, investors want their development partners vertically integrated—to provide development, management, and leasing services, as well as fund-raising capabilities. Development partners need to have skin in the game and provide their expertise at a competitive rate. At Hinckley Allen, we understand that clients expect the same from us.