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Updated over 5 years ago, 05/17/2019
Seeking advice: syndication term sheet and legal documents
Hi friends,
I want to start put together a term sheet that can send to potential limited partners (LP/investors).
I was hoping to find a typical set of legal documents including a term sheet, a partnership agreement, typical payout structure, etc. I searched the file repository on BP, but not sure how actionable they are. For example, the promissory note document is too short to be airtight.
These documents will be for entry-level commercial deals such as 10+ units apartments.
- If you are an experienced investor/syndicator, your help is greatly appreciated!!
- If you are a real estate lawyer, please send me a private message. I would love to have a lawyer review the documents once drafted.
Thanks,
Au