Real Estate Principles 3rd Edition by David Ling,Wayne Archer

Exercise 6

Which of the following statements is most accurate
A) Joint ventures usually increase the amount of equity capital the developer/borrower must invest in the project.
B) Joint ventures usually decrease the amount of equity capital the developer/borrower must invest in the project.
C) Joint ventures give the developer/borrower a priority claim on the property's cash flows.
D) Joint ventures increase the developer/borrower's exposure to the risk of property price fluctuations.