Chadwick Saylor accesses equity capital for its real estate clients to establish one-off and programmatic joint ventures. These joint ventures typically involve the acquisition, development, recapitalization or restructuring of multi-asset real estate portfolios.

Such joint ventures can have a core, value-added or opportunistic approach and focus on various property types and geographic areas.

In general, joint ventures are often structured so the sponsor receives incentive compensation upon achieving specified returns. The level of compensation will vary according to the co-investment, venture strategy and its risk profile. The sponsor may also receive market-based fees for services such as property management, development and leasing.

The following tombstones are representative of our transactional experience in this area.