How To Structure Selling % Of Equity In Mixed Use Development
I have commercial land zoned Mixed use and I am developing it in an LLC. The building will have 1/3 residential and 2/3 commercial. I am condominiumizing all the units. I will sell the residential units and hopefully pay off most of the building. I plan to lease out the commercial units and not sell them. I need to figure out how to structure selling 20% of the LLC to investors. Does anyone have some good suggestions on how to structure it.
Thanks Terri
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