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JOINT VENTURES

Chartwell and its partners will enter into a joint venture with partners who have experienced management in carefully selected situations. In such situations Chartwell will provide the financing and will take an equity position as a minority, non-managing partner.

Projects are examined and approved on a case by case basis. A project must be sound and able to project that it will be stabilized in a 3 to 5 year period. Chartwell can provide 100% of the financing, however, the managing partner will retain a higher percentage of the equity if they have or will invest some of their own funds in the project.

 
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