Question: funds take on risks by conducting ground up development projects that expose the funds to additional construction risks, such as entitlements, construction delays, cost overruns,

funds take on risks by conducting ground up development projects that expose the funds to additional construction risks, such as
entitlements, construction delays, cost overruns, complex joint ventures ( JV ) management issues, and so on, and use a relatively high degree of financial
leverage.
Multiple Choice
Opportunity
Core plus
Value-add
Core
funds take on risks by conducting ground up development projects that

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