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Type
Document
Northgate_JV_Agreement.pdf
Contract · 1180 Northgate — TOD
Pages
82
OCR
98%
English
Entities
7
High risks
1
AI summary
What this document says
Joint venture agreement between Northgate Capital and Meridian Partners for the 1180 Northgate TOD redevelopment. Establishes an 80/20 promote structure with a preferred return of 8% and a lookback IRR crystallization at exit. Contains a 12-month exclusivity and a change-of-control consent right in favor of Meridian.