Richard B. Peiser Famous Quotes
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Landowners may contribute their property as equity - always scarce for the beginning developer - but they might also supply debt, via seller financing, at terms unavailable through financial institutions. Even if they do not materially participate, landowners can tie up land while financing and approvals are obtained. In income property, key tenants might also be offered partnerships to induce them to lease space in the project, particularly if the project can be designed around the tenant's specific needs.
