Joint Venture Agreement Property Development for Commercial Real Estate
Joint ventures offer an affordable solution to large-scale real estate development.
A real estate joint venture structure is an excellent way for property managers to expand their resources and reduce the costs associated with new construction. When you form a joint venture, every member in the arrangement is responsible for all profits, losses, and expenses. Joint venture partners are considered legal entities separate from the participants’ primary business interests. In a limited partnership, you and your companions can combine expertise, resources, and funds to plan and execute a commercial real estate project.
Hokanson Companies, Inc. is a seasoned corporate real estate service provider. We inform our solutions with over 80 years of experience in the construction and property management industries. As a joint venture partner, we offer the full breadth of our tools and strategies, from pre-construction planning to detailed financial analysis. With our pooled resources, you have the foundation to reinforce your existing real estate assets and pursue new real estate investing opportunities.
Hokanson has spent decades developing our corporate real estate expertise. We understand that properties are a significant investment that requires an advanced toolset to plan and execute effectively. Seeing a real estate project through without a comprehensive investment sales strategy or capital planning approach can be challenging. When you enter a joint venture with our professional team, we provide the services and resources you need to help you make informed decisions and increase your adaptability, productivity, and flexibility across the operation.
The benefits of our joint venture agreements include:
Do you have the resources to track down real estate deals but could use a little assistance with the construction side of property development? Interviewing, hiring, and vetting specialists to lead real estate investment projects is expensive and time-consuming. Forming a joint venture structure with Hokanson is a great way to cover your bases without breaking the bank.
A limited partnership with our team saves you money on labor costs and other expenses like marketing. We share responsibility for your real estate project. Do you want to install new technology at your building that would burst your budget if you secured it alone? Are you interested in preventative maintenance services but need help figuring out where to start? The Hokanson team tailors solutions to suit your requirements. We supply you with high-quality real estate development services at a reasonable rate.
Joint venture agreement property development brings two business entities together in a limited partnership. When you pair with Hokanson’s professional team, you can access our advanced corporate real estate processes and services.
After over 80 years, we’ve set deep roots in the industry. We’re ready to apply our knowledge across the five real estate disciplines—property management, leasing & brokerage, development, and construction—to help you comprehend your challenges and build and implement an actionable plan to structure a successful real estate deal.
We manage millions of square feet of building space in the industrial, retail, and healthcare spaces. Our team has advanced tools and resources to address any real estate project obstacles you encounter. Creating a real estate joint venture structure with our experts includes all the skill sets we’ve developed over the decades.
We help you navigate the complexities of the construction process from design to post-construction. Our team learns your objectives and pools resources to empower your efforts and deliver services that elevate your real estate investment strategies.
Our management services include:
Our corporate real estate experts are devoted to a lifetime of continued education. We revise our processes to keep up with market trends and stay on the cutting edge of property management. When you partner with us, we elevate you with the latest technologies and techniques.
The manager in a joint venture agreement provides investment structuring and strategy to the business entity. The investor in a joint venture needs to select a real estate property manager who can provide valuable guidance and has the experience to oversee day-to-day operations. Your organization needs a highly-capable operating member who can source, manage, and develop a successful real estate project.
Hokanson has handled management projects for organizations in many industries. Whether you operate in the medical, manufacturing, or financial field, we have the knowledge base and attention to detail to coordinate and execute your real estate deal effectively. We’re familiar with every aspect of the building process and support your mission with excellent engineering and maintenance services.
Hokanson’s mission is to provide high-level corporate real estate services to businesses in any industry. Our professionals act in the best interest of our partners, applying our tools and resources to create impactful solutions that keep your objectives on track for success. We’ve nurtured and maintained relationships with visible Midwest companies for over 80 years, and we don’t intend to stop.
Our JV property management approach is client-focused. We create a bond between our companies that encourages collaboration, productivity, and innovation. Our professionals align with your mission to maximize the value of your assets. There’s no real estate development obstacle we haven’t navigated—we’re there when you need a sure hand to guide your property management processes.