Best sponsors for syndications or funds in MFH or Industrial?

[Marc Cohen]

Hi BP Members, 

I am in research mode on the best sponsors! Appreciate any help you can provide. 

Looking for a focus on MFH or Industrial with a sponsor that has a 15 year + track record. This is critical as I am seeing many syndicators who have set up and had success in the past 5 years but I'm looking for a sponsor that has those battle scars! 

It seems 8% preferred with an equity split on exit is achievable. 

I have spoken to a few companies recently and been put off by some who have been set up in the past 5 years, only made a few exits and yet currently have in excess of 30 syndications and looking to add more with business model that has aggressive underwriting . More power to them but I don't want to be the one holding at the end if there is a strong market adjustment.

Appreciate any insights or recommendations for quality sponsors to research. 

Thanks

Marc