Syndicate investment opportunity (Three Pillars Group) - Houston, TX apartment

[Vivek Chaurasiya]

Hey there folks,

Sometime I come across investment opportunity like below. My questions are around how to evaluate if its a safe/stable investment alternative? Since I want more hands off approach these are appealing but I want to be careful. Each of those deals have favorable IRR > 15%; so should I check for something else? What can I ask these investors? What else macro-economic factors do these type of deals hinge on? Any guidance in this matter would be really helpful.

~Jam

> Three Pillars New Acquisition of Riviera Apartments ~20% IRR

> Preferred return - 8% and 10% for class C/A

> Equity multiple - ~ 2x