PUBLIC PRIVATE PARTNERSHIPS
Structuring Public/Private/Development Partnerships (PPP)
Public and private sectors are involved as partners in every real estate development project. Today more than ever, real estate projects require the public sector to work hand-in-hand with the private sector. The benefits are profound for the public sector, with PPPs reducing development cost, enhancing cash flows and providing new sources of capital and expertise.
The impact of PPP can be seen throughout the country, with projects like the Inner Harbor in Baltimore, MD to the 42nd Street Redevelopment in New York. When working with public partners, it is critical to start strong, through proper project conceptualization, objectives and vision – before moving on to the process, solicitation and deal structuring. Grid Real Estate is uniquely situated to assist governmental entities in structuring PPPs from the project’s inception through completion. We focus on the unique governmental issues inherent in every PPP.