Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 28 November 2001
Share a link:
https://casecent.re/p/45556
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Abstract
Describes a joint venture between a major shopping center developer and an insurance company to develop a 900,000 square foot super-regional shopping center. Describes the nine-year struggle to deal with market, regulatory, and financial issues to get to the present situation where the project is ready for construction. However, there is now a need to put in additional equity and the partners need to decide if they should still go forward with the project and how the partnership should be restructured.
About
Abstract
Describes a joint venture between a major shopping center developer and an insurance company to develop a 900,000 square foot super-regional shopping center. Describes the nine-year struggle to deal with market, regulatory, and financial issues to get to the present situation where the project is ready for construction. However, there is now a need to put in additional equity and the partners need to decide if they should still go forward with the project and how the partnership should be restructured.