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Updated almost 3 years ago on . Most recent reply

Account Closed
  • pennsylvania
168
Votes |
339
Posts

Difficulty getting basic information from syndication sponsors

Account Closed
  • pennsylvania
Posted

I’m selling a couple of commercial properties and want to look into syndications. Here’s what is happening: I’ve gone to sponsor websites to see available projects. They aren’t readily available, so I have to provide a bunch of information. Ive done this three times and all of them said they do not currently have projects available. Then, I get bombarded by emails that are useless. Then, I have to block them so, even if they do come up with a project, I’m not going to hear about it. It’s much easier to become an equity partner in a small development project that it is to gain access to basic information from syndications that are supposed to be hassle-free. Comments?

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Todd Dexheimer#2 Multi-Family and Apartment Investing Contributor
  • Rental Property Investor
  • St. Paul, MN
3,659
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Todd Dexheimer#2 Multi-Family and Apartment Investing Contributor
  • Rental Property Investor
  • St. Paul, MN
Replied

Sounds like you're looking for the deal, instead of looking for the best sponsor. Look for ways to connect with sponsors and get to know how they do business and become comfortable with them. I am not sure what the useless emails are, but we send monthly email updates to all of our investors to keep them engaged and provide value. I would expect most professional companies are doing that. 

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