.🗓️ All Things Syndication: Sponsors, Accredited Investors, and more!

Join a brokerage or find someone to sponsor you. 

I'm trying to validate the completed projects advertised by a sponsor. 

However, I was told that wasn't a problem and that I could use a sponsor who does have the real estate schedule, net worth, and liquidity to sign off on the commercial loan and oversee certain operations on the deal.

In order to get out of Freddie Mac's "Limited Multifamily Experience Sponsor" category, you must have ultimate ownership & control of either (i) 3 multifamily properties [1 of which you've owned for at least 2 years], or (ii) 1 multifamily property which you've owned for at least 5 years. 

From a pure decency perspective, it's unforgivable for sponsors to not communicate to their investors. 

Posting an update here in case anyone is following or is curious on how this plays out.I received an investor update from the sponsor a day or two after initiating this thread.

Funds of funds is basically unregistered/unlicensed broker-dealers or investment advisors acting as a sponsor in a GP role raising money to invest in other funds.As you can see by my tone I am not a big fan of them Its the next version of wholesaling at a syndication level.

I cannot help with vertically integrated sponsors in NC.  

One of the comments I heard is that in Florida, Citizens, the State sponsored insurance, could basically run out of funds due to the amount of damage.