What Does Each Partner Bring to the Deal in a Typical

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The Answer is The local entrepreneur brings development project execution expertise and track record, and familiarity with the local political/regulatory and real estate market situation. They may also bring land, assembled and permitted, and a project design. The national capital source brings money and/or connections to the international capital market. The local partner expects to get a very high return on relatively little capital invested) if the project is successful, as well as possibly the realization of prior value added. The money partner expects to get a fair return if the project is successful, and to be exposed to less downside risk than the entrepreneur if the project is less than fully successful. The money partner typically expects to exercise substantial control over major capital decisions financing, buy/sell, major leasing), while the local partner typically expects to exercise substantial control over the operation of the development, and possibly the stabilized, phase of the project.
Part IV: Choice Problem 12 points) Choose 1 out of the following two questions and answer in the space provided on the page. Indicate clearly which questions we should grade or we will grade the first two.

What Does Each Partner Bring to the Deal in a Typical

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