Joint-Venture Development

Develop your land without selling it first.

A land joint venture allows a landowner to participate in the value of a completed development. You contribute the land. Brooch assesses each proposed partnership individually — the contributions, development responsibilities, title arrangements and sharing formula are defined in written transaction documents reviewed independently before commitment.

Submit land for review

What you contribute, what Brooch contributes

You bring the land and clean title documents. The parties' respective contributions — including who bears which professional costs, financing responsibilities and management obligations — are defined in the written transaction documents and confirmed before any work begins. Neither party commits until the agreement has been independently reviewed.

How the value split is decided

The split depends on the land’s value relative to the total project cost. Land in a premium district that contributes a large share of project value earns a larger portion of the outcome. There is no standard percentage quoted here, because quoting one before seeing the land would be misleading.

The terms are set before work begins in a written agreement your own lawyer reviews before commitment.

How the agreement protects you

Three protections are addressed in any partnership Brooch enters. First: Brooch takes a contractual development interest, not ownership — title arrangements and what happens in different scenarios are defined in the agreement. Second: the agreement defines what happens if the project stalls, including your right to exit if performance obligations are not met. Third: you or your representative can inspect the site at any point. We expect landowners to use an independent lawyer, not one Brooch recommends. If a developer discourages independent legal review, that is the signal to walk away.

What qualifies

We are selective — because each site we take on commits significant time and resources from both parties.

Brooch reviews each site before committing. The criteria below determine whether a partnership is viable.

Location

In a district where buyers are active and prices justify construction. We check market data before assessing any land.

Size and shape

Large enough for an efficient build. Irregular plots or constrained sites are assessed case by case.

Title status

A Certificate of Occupancy, registered deed or governor's consent in progress. Incomplete title is sometimes addressable — tell us early.

Clear ownership

All parties with an interest in the land must be identifiable and able to consent. Family land with multiple signatories is common and workable.

The process

From land review to completed units.

A typical joint venture runs 12 to 30 months from signed agreement to sold units depending on project scale and state approval timelines.

Due diligence: 2–6 weeks. Design and permits: 2–5 months. Construction: 8–20 months. Marketing and sale: concurrent with final stages.

01

Land assessment

We review the location, dimensions, title status and development potential before any commitment is made.

02

Agreement

We define the value split, responsibilities, timelines and exit terms in a written agreement. You review this with your own independent lawyer.

03

Design and permits

Brooch coordinates the architect, structural engineer, quantity surveyor and approvals process. Title remains in your name.

04

Construction and delivery

Brooch manages the build. You receive progress updates and can inspect at any point.

05

Marketing and sale

Brooch positions and sells the finished units. Your share is paid on the schedule agreed before work began.

Get In Touch

Have land you think qualifies?

Submit it for review. The first conversation is free — we assess the site, the title and whether a partnership makes sense before either party commits.