Direct Asset Ownership
Own the asset itself rather than shares in an entity. Focus on title, restrictions, tax, insurance, operation and saleability.
Deal structure changes risk even when the asset is the same
Use this guide to compare direct ownership, share acquisitions, SPVs, joint ventures, debt and long-term contractual structures. Final selection requires deal-specific legal and tax review.
Share Purchase
You acquire the entity with its history and liabilities, so debt, tax, contracts, litigation and legacy obligations become central diligence items.
Special Purpose Vehicle (SPV)
A vehicle dedicated to one asset or deal can ring-fence accounting, ownership and risk, but its value depends on governance, contracts and tax—not the label alone.
Joint Venture (JV)
Define who contributes capital, who operates, who controls decisions, how profits/losses are shared and what happens on default, deadlock or partner exit.
Debt & Secured Financing
A lender’s risk differs from an owner’s. Review security, seniority, covenants, DSCR, maturity and enforcement when cash flow is insufficient.
Co-investment
Pooling investors into one asset requires clear governance, fees, information rights, voting, follow-on funding rules and a mechanism for transferring interests.
Build-to-Suit & Long Lease
The asset is built for a specific occupier; tenant credit, lease term, specification, change orders and re-letting cost define much of the risk.
Sale & Leaseback
The operator sells the asset and remains as tenant. Separate real estate quality from tenant-credit risk and review rent, term, security and alternative-user demand.
Security, Escrow & Conditions Precedent
Execution risk can be reduced through conditions precedent, escrow, pledges or guarantees where legally appropriate; documents require professional legal review.
Exit Rights & Transfer Mechanics
Design the transfer mechanism before entry: pre-emption, tag/drag where relevant, interest valuation, notice periods, permitted buyers and debt settlement before exit proceeds are distributed.