Money, Opportunities, Resources, and Experience are the key components necessary to make a retail joint venture sing, according to experts from ARCTRUST. The company notes that current market conditions are in many cases more favorable for building rather than buying.
We caught up with ARCTRUST's CEO Gary Baumann and CIO Jason Kessler at ICSC Las Vegas to discuss how the company's MORE Program is building on its four-decade history of ground-up development through the use of joint ventures.
They also discuss:
- The components of a good joint-venture project;
- What sponsors should look for in a joint venture partner; and,
- What's drawing ARCTRUST to its preferred regions and asset classes
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