Landmark has completed over 500 transactions with committed capital of US$15.5 billion since its founding in 1989, and has acquired interests in over 1,900 partnerships, managed by over 700 general partners.
3. First quarter â The first quarter phase occurs when the Moon is at a 90-degree angle with respect to both the Earth and the Sun. This leads to a perception of 50 per cent illumination of the Moonâs sunlit side from Earth.
It's probably easiest to understand the moon cycle in this order: new moon and full moon, first quarter and third quarter, and the phases in between. As shown in the above diagram, the new moon occurs when the moon is positioned between the earth and sun.