Multifamily Syndication Sale and Winding Down

[Michael Anspach]

Hi Guys, in process of selling first syndicated multifamily property.  While there is a ton of information about buying and managing, looking for some recommendations on the winding down process of a multifamily syndicated deal.

For example:

1.  How fast after closing to return investor money?

2.  How much to hold back temporarily for unexpected costs after sale?

3.  For how long?

4.  When to cancel insurance?

5.  When to close up LLCs?  (Operating and Mgmt)

All answers, suggestions and anything else to be aware of are all greatly appreciated.  Thank you!