Real Estate Joint Ventures: Beyond the Waterfall

Real estate joint venture agreements are one of the most customized legal documents real estate practitioners confront, as one size certainly does not fit all. In addition to the basic economic terms, there are a myriad of issues to consider and negotiate in a "classic" joint venture between an investor, on one hand, and a sponsor, on the other, which could have a material impact on the relationship between the parties and, potentially, on the real estate asset.

In this course, Tannenbaum Helpern attorneys Eric Schoenfeld and Ari Davis will zone in on a few of the significant issues negotiated in joint venture agreements, and their ramifications on the investor/sponsor relationship.

Learning Objectives:

1. Identify issues related to additional capital contributions
2. Address management control and decision-making abilities
3. Establish replacement of manager/remedies upon default
4. Discuss exit strategies for these agreements