Introduction to forward funding

Many lawyers, despite being experienced in commercial property work, have not had ‘hands on’ experience of the forward funding agreement, which is generally considered to be the most complex form of development agreement.  This webinar will provide an introduction to the forward funding agreement, including:

• What is forward funding
• An introduction to yields
• Institutionally acceptable leases
• The main concerns of developer and funder
• Main construction issues, including collateral warranties/third party rights
• Practical completion and other timing issues
• Calculating the developer’s profit
• Termination
• Lessons from the cases