The Jumpstart Our Business Startups (JOBS) Act was signed into legislation in 2012 by President Barack Obama. It provides companies with less than $1 billion in revenue more access to capital markets. The JOBS Act does this by requiring less regulation or registration with the SEC. The JOBS Act is known for opening up crowd-funding, which has become popular with real estate syndication platforms. The Act allows non-accredited investors to invest in companies that would have previously been restricted to accredited investors. Through the JOBS Act, smaller companies can raise funds from a wider pool of investors (i.e., crowd-funding).
Joint tenancy is ownership of real estate by two or more individuals with the right of survivorship. A right of survivorship means that
A joint venture is an arrangement between two or more entity pool resources to accomplish a particular task in a business setting. Entities in the joint venture enjoy profits and are responsible for losses, but the entity is separate from other personal or business interests. Joint ventures are commonly formed when two businesses want to partner to enter an unfamiliar market. In real estate, a REIT specializing in multifamily development may for a joint venture with an office developer for the purpose of obtaining exposure to the office real estate market.
A jumbo loan is a type of mortgage that exceeds the loan limitations set by Fannie Mae and Freddie Mac. Thus, unlike a conventional loan, these type of mortgages can’t be purchased or securitized by these two entities.