Joint Ventures. A legal organization formed to provide for the sharing of the risks and rewards in an enterprise co-owned and operated for mutual benefit by two or more business partners and established to acquire or hold Assets.
Appears in 25 contracts
Sources: Advisory Agreement (Lightstone Value Plus REIT V, Inc.), Advisory Agreement (Lightstone Value Plus REIT V, Inc.), Advisory Management Agreement (MacKenzie Realty Capital, Inc.)
Joint Ventures. A legal organization formed to provide for the sharing of the risks and rewards in an enterprise co-owned and operated for mutual benefit by two or more business partners and established to acquire or hold Assets.
Appears in 4 contracts
Sources: Advisory Management Agreement (Behringer Harvard REIT II, Inc.), Advisory Management Agreement (Behringer Harvard REIT II, Inc.), Advisory Management Agreement (Behringer Harvard REIT II, Inc.)