Prodigious Capital Advisors offers creative solutions to property owners seeking to monetize intrinsic equity. Rather than selling the property outright, owners can capture additional upside by entering into a strategic partnership with a developer. In a joint venture between a property owner and a developer, the owner typically contributes land equity (market value of site less any secured third party debts) into the partnership while the developer provides development expertise, predevelopment funding when necessary, and guarantees required by lenders.  

We also arrange strategic partnerships and co-developer relationships where one of our clients is presented with a project that may be too large or in an asset class that they are not familiar with. The new partner's contributions can range from providing the guarantees required by senior lenders to bringing specific development expertise for a mixed use project.  

Partnership terms can be tailored to fit the needs of the participants with the ultimate goal of creating an alignment of interests among all parties.