Question
A development company has decided to raise capital from private investors to build strip shopping malls in three separate towns in south Florida. Your consulting
A development company has decided to raise capital from private investors to build strip
shopping malls in three separate towns in south Florida. Your consulting firm has been
retained to advise the company on the form of business organization to be used to
facilitate the transaction. The development company wants to keep the three investments
separate. It is not intended that profits be shared between investor groups. The
investment transactions should be wound up and terminated within 90 days after the
completion of the construction. Investors will receive the return of their investment with
an additional 6% return on investment. What form of business organization would you
recommend and why?
Tip: week 7 readings
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