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- [Paul OConnor] Were seeing a big uptick in volume, which is exciting. - [Narrator] For Allen Matkins Attorney Paul OConnor, there is no question an economic recovery is on the way as the paperwork for joint ventures starts piling up on his desk. - Not surprisingly, the pendulums swinging. Values are starting to go back up. Development opportunities are there. The capitals being attracted to the deals. - [Narrator] This time around, OConnor says some of the same big players are out on the field, but also some new faces are getting in the game, especially when it comes to multi-family joint ventures in LLCs. - Were also seeing some international funds coming in, Middle Eastern money, private equity funds, and we do a lot of that work. - [Narrator] While the field starts to heat up once again, those who weathered the storms have a new playbook. - The economics have obviously changed and financial partners got burnt in the downturn, so now theyre being much more protective. - [Na