What is joint venture?
A JV: a negotiated structure, often pairing an operating partner (sourcing, execution, asset management) with a capital partner (most of the equity), with customized approval rights over major decisions.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.