Developers in second and third tier markets must have a disciplined and consistent strategy to thrive and succeed. Typically, our developer partners have been active in their market for more than 10 years and have grown organically using their own investment capital, know how and resources to build a portfolio that they usually prefer to hold long-term rather than sell.
Blue Cardinal engages in a reciprocal relationship with our developer partners through joint ventures on their projects as well as our own originated projects and opportunities. As a result, our relationship with the developers in our family is generally deep and encompasses multiple activities.
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