Comparison of syndication sponsors for an LP post GFC

[John Blanton]

As an LP, how should I compare the track record of a sponsor that began with experience in the market prior to the Great Recession and weathered the storm vs a sponsor that spawned post 2012? 

How much credence do you give to successful exits between 2017 and 2020 pre-Covid (proper implementation of business plan vs  overall cap rate compression)?

I know many of these may come down to case by case, but curious if there are any generalizations.

[Account Closed]

@John Blanton Take a listen to BP Podcast #378 (Brian Burke is Guest and just wrote a book for LP's on the topic of sponsor selection). 

While all the factors mentioned so far are meaningful in the decision making process, your selection needs to start with finding someone who has integrity and who you can trust. Without these, experience and the "numbers" do not matter.

Best of Luck!