Real Estate Joint Venture Resource Kit (90/10 Real Estate Joint Venture)


Summary

This resource kit provides guidance on the drafting of a 90/10 Real Estate Joint Venture Agreement. Real Estate Joint Ventures are typically formed between parties seeking to combine resources and expertise to purchase and develop or operate a real estate asset. A 90/10 real estate joint venture is a common equity split in a real estate joint venture agreement, where one party contributes the majority of the equity needed to acquire and develop the asset and the other party contributes a minimal amount of equity, but often has expertise in developing and/or managing the particular type of asset. The parties then receive a return based on the majority member's 90% ownership interest and the minority member's 10% ownership interest in the real estate joint venture. This resource kit provides guidance on the formation and structure of the joint venture entity and drafting considerations for the joint venture agreement, including detailed practice notes, templates, and checklists.