Indicate a text span in the passage about which an inquisitive question is asked. (note, don't answer the question).
Q: Sentence: The partnership runs the risk that it may not get the approvals for development , but in return , it can buy land at wholesale rather than retail prices , which can result in sizable savings , said Bruce Karatz , president and chief executive officer of Kaufman & Broad .<sep>Question: Why is the partnership running the risk of not getting approvals?
A:
runs the risk that it may not get the approvals