Prior, most syndications were structured as a Tenant In Common (TIC) structure for the 1031 exchange investor.As a result, many of the active DST players are either reinvented from the ashes of that crisis, or entirely new.There are some inherent (unanimous voting by all members to make any decisions) reasons why the TIC was replaced by DSTs, but I’ll save you the history lesson.The most useful lesson coming out of the last recession (and I share your perspective on the cyclical pattern coming around the corner ahead) is how different asset classes faired.You can get that data from public filings from REITs, who have to report far more data and intel than OTC private placement investments.Fast forward to the COVID crisis.

If theyre just going to send you a portfolio booklet or send you to a website of all their listings tell them to pound sand.Yes it's vitally important to know who you are working with, and have the history of the players involved.

U either drive the cashiers check to the Trustee and redeem or you have a courier take it there.in Practice when Northwest Trustee in Seattle was the big player we had a Courier drive it up and it helps to be on first name basis with the gals that work for the trustee like we were.

He now has a bad rep as I spread his name to the other players in my market. 

If you are dealing with a local market, you can press harder on them to get things done and show them you are a real player.

Again, maybe this makes sense for bigger players where the time input is worth for their 10 properties.

My take is that it's vitally important to know who you are working with, and have the history of the players involved.

Firstly, it's a booming city with a growing population and an influx of job opportunities from major players like Intel, Honda, Amazon, Nationwide, and more.

It's impressive to see so many new players entering the syndication space but I do wonder what the average is for the other 30%.

Looks like rates are between 6% and 10%.LOLLike others have said, it depends on how the loan is structured-DSCR, full doc, bank statements etc...Of course, credit and loan to value are big players in the rate as well.Stephanie