Syndication Fees Syndicate Fees- Are these normal????

[DongHui Patel]

• Acquisition fee 2.95% of purchase price of asset
• Disposition fee 1% of sale price of asset
• Asset management fee: 1% of equity raised
• Fund admin fee: .25% of equity raise

Their waterfall is 70/30 split until 13% IRR then 50/50