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Real Estate/Development

Feb. 2, 2000

Capital alternatives

By Jarrett Minton Developers face numerous decisions regarding the financial structure of any project, but among the most significant is the decision of how to capitalize the cost of the project above the construction loan.

By Jarrett Minton

Developers face numerous decisions regarding the financial structure of any project, but among the most significant is the decision of how to capitalize the cost of the project above the construction loan.
While all decisions regarding financial structure have implications for a project's flexibility and risk profile, the decision of how to capitalize the top 20 percent to 35 percent of a project will arguably have the greatest impact in this re...

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