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Updated almost 3 years ago on . Most recent reply

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Shan Jinesh
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Big box grocery store wants to build on my land, how to evaluate

Shan Jinesh
Posted

A developer, with big grocery chain, reached out and wants to build in the land that my company owns.  Instead of selling the land, we wanted to enter into a strategic partnership.  Currently waiting on the different options they might have for us.  Has anyone here dealt with something like this?  Providing the land as equity in a partnership?  What should I look forward too? Any pitfalls?

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

sell the land 1031 and buy something you solely control.  your getting a lot of good advice above that is just glossing over the 50 ways these deals can go wonky. 

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JLH Capital Partners

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