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.
The moon's new and crescent phases occur when the sun is more or less behind the moon, from our perspective. Just looking at these phases, therefore, tells us immediately that the moon must be closer to us than the sun. There's even a way to estimate how much closer it is, as I'll explain below.