My proposal is a JV with property owner and developer. The value of the parcel is the owner’s equity contribution. Since there isn’t a cash outlay for acquisition during the investment period, should I include the value of the land in the calculator of the unlevered/IRR?

99 views August 4, 2020 lizzieadventuresincre-com 0

For calculating property-level returns (e.g. unlevered and levered IRR), yes you would include the value of the land in the calculation.

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