Have you used investors to purchase property/businesses?

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I'm interested in knowing if any of you have used investors to acquire properties or any other businesses. We all know that there are just some prices we can't handle, but the business or property itself might just be a piece of cake and lucrative. I met an entrepreneur/agent here in the valley who bought a $10,000,000 anchor property which was 100% funded an investor. The entrepreneur (who I will keep discrete) manages the properties affairs (management, financial duties etc.) and received 30% of net profits, and his investor took 70%. The deal was quite interesting because this entrepreneur was just a real estate agent and through his networking ability sealed a deal that will feed him for years to come. Share your experiences and feel free to comment on this deal as well. Thanks guys and let's really get this one going, it was quite interesting.