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This Week's Most Popular

What Happens When Joint Ventures Come Under Stress?

Published Tuesday, March 09, 2010

When real estate assets undergo financial stress, property owners naturally focus on the relationship with the lender. What many owners in a joint venture fail to focus on at the earliest stages, however, is an equally important and complex set of relationships among the owners themselves. Failure to sort out the internal issues inherent in these situations at the outset may lead to disaster. Putting one’s own house in order first, by contrast, will maximize the chance of a successful workout. Strange bedfellows Most real estate assets are held in some form by a collective ...

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