The current environment remains highly favorable for companies wishing to pursue capital markets activities, regardless of type or purpose.  Whether refinance, growth capital, partial liquidity, or full liquidity, such transactions are both possible and in many cases ideal in today’s market.

In light of the recession, signs of recovery in the U.S. are becoming increasingly favorable, and the construction industry is generally poised to begin a slow recovery in 2012. Industry bankruptcy filings are down, M&A activity and valuations are up, and public market valuations are increasing.

The term “joint venture” means different things to different people.  As a result, a comprehensive guide to joint ventures would fill several volumes.  Some of the more common elements and issues encountered in joint venture transactions are discussed in this article.