Valuation norms going into JV vs selling outright

[Linda Garcia]

Hi, I am new here as far as posting anything! Hello! I have an offer coming in to buy a piece of land I own and also an offer to JV for an apartment building. Would there be a good reason as to why my offers are much higher than the equity value going into JV? I really want to do the JV but this is bugging me and the buyer is still wanting to offer more. Great place to be but has anyone had this experience?