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Updated almost 5 years ago on . Most recent reply

Account Closed's profile image
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Account Closed
  • Investor
  • from Florida
  • Member since Nov 25, 2019
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Account Closed's profile image
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Account Closed
  • Investor
  • from Florida
  • Member since Nov 25, 2019
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Account Closed
  • Investor
  • Florida
1
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14
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Commercial Real Estate Investing

Syndications - how many passive investors required?

Account Closed
  • Investor
  • Florida
Posted

Hello - is there a minimum number of passive investors required for a syndication? For example, if I'm the deal sponsor and only have one other passive investor (LP) investing in the deal, am I still required to form a syndication for that one investor or are syndications only required for two or more investors? Thank you!

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Michael Le's profile image
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Michael Le
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  • from Houston, TX
  • Member since Aug 18, 2015
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Michael Le's profile image
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Michael Le
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  • from Houston, TX
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Michael Le
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  • Houston, TX
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Michael Le
  • Developer
  • Houston, TX
Replied

If they're a passive investor then it is considered a security and you will have to to treat it as such. The number of investors does not matter.

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