An equity investor, unhappy with the way a commercial real estate partnership is performing, requests that the other partners convert her equity to debt at theprevailing debt rate.The investment, expected to be held 7 - 10 years per the partnership agreement, is entering its third year. The property is performing below pro forma expectations and is just now flowing nominal cash net of debt service and cap-ex. The other partners, one of whom is you, meet to consider this request. What are the pros, if any, and cons, if any, of agreeing to the disgruntled partners request and, given your analysis, would you vote to accommodate the disgruntled partner and convert her equity to debt (4 points)?