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In the RCP Case Study covered in this course, Frank and his RCP partners are the sponsors. What is their goal with respect to their
In the RCP Case Study covered in this course, Frank and his RCP partners are the sponsors. What is their goal with respect to their investors? a. They hope the investors will understand that they are overpaying for the building, but intend to convince them they can all make money in the long run because its a good market. b. They hope that their investors will allow them to take as much fee income as possible at formation of the venture so that they need not worry about the future returns c. They hope to offer the investors a reasonable return with some preference recognizing their funds but also hope to realize a promoted or carried interest for themselves d. They expect the investors to match them dollar for dollar in the deal such that they can have a pro-rata interest in the property with proportionate interests and distributions (sometimes referred to as pari-passu)
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