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George Smith Partners is actively placing Joint Venture Equity requests with an opportunity fund for larger construction or reposition transactions. IRR requirements will vary although asset liquidation will be required upon stabilization in order to achieve the desired thresholds. Projects requiring a minimum of a $10,000,000 JV equity component in gateway cities will be considered for all core asset classes plus hotels, “For Rent” and “For Sale” housing. Entitled and un-entitled land will also be considered with the proper structure. This JV partner will fund option payments during the re-entitlement phase to avoid taking title of the dirt prior to construction. Sponsors must have a balance sheet and a positive reputation