Spinola, "Clearly, an open system of exchange makes the industry more efficient because brokers will spend less time looking for
exclusive listings, and more time closing deals.
Exclusive Resorts has one of the largest portfolios of properties.
For franchise bidders, there are both
exclusive and non-
exclusive franchises.
Accordingly, there would be no UBIT consequences from those schools when entering into an
exclusive provider arrangement.
In fact, says Pinker,
exclusive language is already becoming archaic, soon it may even sound barbaric.
When an exempt organization agrees to perform substantial services in connection with an
exclusive provider arrangement, income received by the organization may be includible in UBTI.
200 Million of Preferred Equity Financing--Premier Manhattan Office Building--Carlton, as
exclusive advisor to a developer, is in the process of arranging preferred equity financing for a premier 2-million-square-foot office building situated in a prime area of Manhattan.
513-4(c)(2)(v) distinguishes between two types of exclusivity arrangements:
exclusive sponsor arrangements and
exclusive provider arrangements.
