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Updated over 4 years ago,
NPN Joint Ventures - Why 50/50?
I'm curious where the seemingly commonplace 50/50 split for NPN joint ventures came from? Is it simply supply/demand in that this price still brings enough capital to the table to do all the deals sponsors are looking to do? If so, why? Do capital providers end up negotiating JV terms to something different than what is typically "advertised"?