Posted Feb 1, 2024, 8:21 PM
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Registered User
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Join Date: Oct 2013
Posts: 363
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“We’re now going to be using third-party equity,” Shown said. Silver Ventures will fund land acquisition and take on the primary risk for its projects, he added, but the firm won’t be the sole investor as in the past.
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...“I can say that we have about $600 [million] or $700 million worth of projects in the hopper, and you can do the math: If lenders are willing to lend 55%, then 45% of that number” is needed from investors.
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https://sanantonioreport.org/silver-...opment-equity/
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