How does syndication go wrong?

[Dan Peebles]

Hi all,

I've been looking into some syndicated real estate deals as an investor but am wondering in what ways this sort of thing goes wrong, underperforms, and so on. I'd love to read stories on syndicated investments that didn't go as investors had hoped or otherwise led to undesirable outcomes. I'm also curious how all these things performed during the last big recession.

Thanks,

Dan