Exits of Syndication Deals?

[Hardik Patel]

If you had passively invested in syndication deals few years ago.. are any of those properties now sold (or not sold as expected)? Please share a little about those experiences. Did you get the est. IRR% on sale as expected? Did it actually sell (or not) within the years of hold planned? Would you have taken other route instead? It'll also help to know which teams were successful for your as a passive investor (and not so). TIA!

[Taylor L.]

My passive investments have had one exit so far. We exited before the business plan. The syndicator did not meet the pro forma, but we were profitable and my returns beat what I would have made on that capital following my previous strategy. Therefore I was satisfied.