What happens after hold period in syndication deals?

[Martin Kim]

Hi everyone,

I was looking to answer my own question on Google but I could not find the answer. 

After the hold period of around 5-7 years in a syndication investment, what happens to your investment? Does the GP pay you back the original principal and you are no longer invested in that property? If the property is a long term hold and I want to continue to stay invested in this deal, earn cash flow & grow equity, is that something that's commonly done? Do most syndication deals plan on selling the property after a few years as an exit strategy? 

Also, what happens after the loan is refinanced? 

I was not sure if you (as the investor) would be getting back the principal and you have to find another deal, or you can choose to keep your money invested in that property for generations. 

Thanks in advance!