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Case
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Reference no. 9-394-200
Published by: Harvard Business Publishing
Originally published in: 1994
Version: 28 November 2001
Length: 17 pages
Data source: Published sources
Topics: Financing

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.

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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.

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