I have not received financial statement from general partner.

[Hugh C.]

After entering into a PPM for multi family apartment, I have yet to receive any monthly financial statement from the general partners regarding said property.  There are plenty of SEC requirements BEFORE completing the funding of a PPM, but what are the SEC requirements AFTER funding of a PPM?  Is there a requirement to issue financial statements monthly to limited partners?  What other general partner requirements are there to investors after the property is purchased?

[Brian Adams]

@Hugh C., I am an operator and make it a point to over communicate to my investors about the deal providing updates, financials on a monthly basis and the good, bad and the ugly of the property. My investors didn't invest $20 bucks, but $100k to a million in my projects so my approach is to communicate often and be transparent.

I just reviewed the PPM and Operating Agreement for one of my deals and the docs don't specifically say I need to issue out statements monthly, but annually.

So you may want to check the Operating Agreement of your deal.

My guess is the SEC would be silent on the AFTER as it is an arrangement between you and the operator. However if there is a case of fraud that is a separate topic.

You probably have contacted the operator requesting docs, if they are silent or simply ignoring you the next step might be to have your attorney draft a letter.

Good luck!!