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Updated almost 2 years ago on . Most recent reply
New Era Capital Syndication deal. Due dilligence concerns.
I invested in my first syndication earlier this year through Crowdstreet with a fund managed by New Era Capital. https://neweracapitalpartners..... I rather foolishly didn't do much in the way of due diligence and now am a bit scared because I can't find much about the group which claims to have been managing capital for years. Has anyone heard of these guys or know of a place to vet sponsors? Maybe I'm being paranoid.
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Hello (: from what I have learned thus far about syndications, it is best when those are registered with the SEC (Securities and Exchange Commission) for at least the US. That way, there is some kind of documented protection of the investment. Not sure if that would help in this case, but best wishes to you regardless!