Investing in syndications during 2008 timeframe

[Jennifer M.]

Since I've only been investing since 2016, and real estate has done nothing but go up since then, I was interested to hear from those who had invested in apartment syndications prior to 2008, how their investments faired through that time.  I am sure there were sponsors who were successful in protecting their investor's capital, and others who weren't so lucky.  I'd love to learn from the experience of others.