{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Real Estate Development: The Curtis Way","title":"Joint Venture, Financial Partners, & Limited Partners (with guest Darin Rayburn)","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/d1627d69\"></iframe>","width":"100%","height":180,"duration":2502,"description":"Every real estate development needs capital, but choosing the right investment partner can be just as important as choosing the right project.\nIn this episode of the RMS Real Estate Development Podcast, Curtis Way is joined by Darin Rayburn, President of the Real Estate Equity Division at KB Capital. With more than 35 years of experience leading major real estate organizations, including Cambridge Shopping Centres, Oxford Properties, Melcor Developments and now KB Capital, Darin shares practical insights into how developers and investors structure successful real estate partnerships.\nThe conversation explores the differences between joint ventures, limited partnerships, equity investments and REITs, while providing a behind the scenes look at how professional investors evaluate development opportunities before committing capital.\nDarin explains why experience and track record matter, how lenders and equity partners assess risk differently, and why understanding the downside of every deal is just as important as believing in the upside.\nWhether you're an experienced developer looking to structure your next project or a first time investor considering real estate partnerships, this episode offers practical guidance on raising capital, managing risk and choosing the right partners.\nIn this episode:\nDarin's journey through more than 35 years in commercial real estate\nHow KB Capital evaluates investment opportunities\nWhy developer experience and track record matter\nThe difference between debt financing and equity investing\nHow professional investors underwrite risk\nWhy liquidity and cash calls matter\nJoint Ventures vs. Limited Partnerships\nThe pros and cons of investing through REITs\nUnderstanding investor control, liability and liquidity\nQuestions every investor should ask before committing capital\nHow to protect yourself when investing in development projects\nWhy partnership agreements are critical to every deal\nOne of the key messages throughout the discussion is...","thumbnail_url":"https://img.transistorcdn.com/5eQo2D8W4oiNbjFgdZuzA7bmPWTkQVpDlIUJAWJz9Ks/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS85YzYy/NjUxOTYwOTNmMThk/YzY5ZWE2MDA5YTNi/NDc3NC5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}