In our Joint Venture program, we focus on expanding our existing partnerships as well as identifying new relationships.
Some of the benefits Weingarten provides to our partners include numerous strong tenant relationships, strong asset management skills, the ability to source and analyze deals, market expertise across the country, product expertise and strong customer service.
As of December 2009, Weingarten had $3 billion of assets under management in various joint ventures.
Broadly speaking, there are two types of joint ventures we utilize – Institutional and Development.