When a real estate project is put together there is a definitive amount of money that is required.
The developer has to buy the land or building, do the construction or renovation, and cover overhead expenses.
And to finance that, the developer combines debt from banks, and equity from investors.
You can see this in projects on Small Change.
Find out about Sponsor Capital Contribution and the importance of seeing a sponsor’s ‘skin in the game’ in this video produced by Adam Gower of the Gower Crowd.