In the dynamic world of real estate, developers and landowners often collaborate through structured agreements that define their roles, profits, and responsibilities. The three most commonly used models for such collaborations are Joint Venture (JV), Joint Development (JD), and Development Management (DM).
Let’s break them down simply:
A Joint Venture involves two or more parties—typically a landowner and a developer—who come together to form a new entity for developing a real estate project. Each party contributes assets such as land, capital, or expertise, and holds equity in the new venture based on their contribution....readmore