George Lekas
Equity Build Finance, LLC
30 October 2018 | 107 replies
The partial judgment also prohibits Jerome and Shaun Cohen from soliciting any new investors for the remaining duration of the litigation.Jerome and Shaun Cohen also consented to the previously entered order appointing a receiver to continue until the final disposition of the case.
Mark S.
Fees on Fees on Fees - Syndication Deal
30 April 2020 | 6 replies
.), here is the deal structure / fee structure:85% / 15% cash flow split (investors/syndicator) - no preferred return3% PM fee (100+ units) - seems low4.9% acquisition fee1.9% capital raise fee - never heard of this one before0.35% asset management fee - ongoing fee each year85% / 15% profit split on back end (investors/syndicator)I did not see anything regarding a disposition fee, but wouldn't be surprised if there was one.This just seems like a lot of layers of fees (acquisition + capital raise + asset management).
Colton Fairchild
Syndication Fund - Fee Structure
2 October 2019 | 3 replies
Is there an Acquisition, Disposition, Loan, and all other type of fee.
Eric D.
Apartment Syndication Fees
20 September 2019 | 21 replies
You should also think about adding a disposition fee in there as well, when it comes time to liquidate
Bryan C.
Non Recourse Loans
22 October 2020 | 28 replies
Debt-Financed Property In general, the term “debt-financed property” means any property held to produce income (including gain from its disposition) for which there is an acquisition indebtedness at any time during the tax year (or during the 12-month period before the date of the property's disposal, if it was disposed of during the tax year).
Bellman Tumasang
Syndication fees explained
1 February 2020 | 8 replies
That amount is paid to the sponsor at closing.Let's say in 5 years that complex is sold for $14M, so disposition fee of 1%.
Vassilios Kovanis
NNN / stabilized syndication deals structure and fees
16 November 2020 | 0 replies
I can surely see an acquisition / disposition and maybe an asset management fee on these deals, but without value add component and active role in turning around the property a waterfall structure seems a bit over the top to me.
Derrick S.
RE Broker wants a WRAP rather than Sub2 - Explain like I'm 5?
10 May 2023 | 10 replies
@Jon Holdman is talking about the Garn St Germain Act of 1982"Part C Preemption of Due on Sale Prohibitions DUE-ON SALE CLAUSES (d) A lender may not exercise its option pursuant to a due-on-sale clause upon--, (1) the creation of a lien or other encumbrance subordinate to the lender's security instrument which does not relate to a transfer of rights of occupancy in the property; (2) the creation of a purchase money security interest for household appliances; (3) a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety; (4) the granting of a leasehold interest of three years or less not containing an option to purchase; (5) a transfer to a relative resulting from the death of a borrower; (6) a transfer where the spouse or children of the borrower become an owner of the property; (7) a transfer resulting from a decree of a dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property; (8) a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; or (9) any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board. " The Full Act is at https://en.wikipedia.org/wiki/Garn%E2%80%93St.
Ashley Barlow
Security Deposit Help
30 November 2023 | 2 replies
Where there is more than one tenant subject to a rental agreement, unless otherwise agreed to in writing by each of the tenants, disposition of the security deposit shall be made with one check being payable to all such tenants and sent to a forwarding address provided by one of the tenants.
Brandon Hall
THE Thread on the Final GOP Tax Bill - Q&A
8 August 2018 | 272 replies
There have been a lot of scenarios talking about taxable income as generated by rent, but what if the income comes from the disposition of a previously-bought-and-held rental property that had appreciated in value?