I am at 61 units with a market value of 6 million.... I keep hearing “ your next step is a syndication “.... I have heard mixed reviews about syndications. Who here as experience with them?? And would you recommend it...
This question is aimed at those actively syndicating property(Gp) or passively investing in syndications(Lp). What are the best terms to negotiate on the banknote after you have raised your target equity?
Acquisition fee 2.95% of purchase price of assetDisposition fee 1% of sale price of assetAsset management fee: 1% of equity raisedFund admin fee: .25% of equity raise
Their waterfall is 70/30 split until 13% IRR then...
I closed my first multifamily syndicated purchase this week (24 unit, 7 yr old high quality condos in Des Moines),but, my second deal fell through because the largest investor pulled out at a late stage and I didn't h...
Hello All,
I have been reading a lot of the info here trying to get a good understanding of how to structure my first syndication. From reading, I do understand that there is no 'one size fits all' for structuring s...
I have a great deal in contract, by great I mean 16.6% cap. I want to syndicate the deal to raise some cash for a down payment. I don't want partners but i think that is the next step for me. Does anyone have a syndic...
Hey everyone.
First and foremost, it's been a blessing connecting with so many individuals in this space. You all have been very kind and warming to me, as a new agent and novice investor. Thank you.
I had an aweso...
Hi all,I'm putting together my first large syndicated deal - and I was wondering if there's anyone locally here in San Francisco/Oakland area that would be willing to meet with me and discuss over coffee/dinner, and c...
I've been reading with great interest the articles by Ben Leybovich, especially the dilemma regarding obtaining non-recourse financing for the debt portion of deals. I think doing the larger deals the - GP/Syndicator...
I am currently in the process of closing on my first rental property. Now that I have taken that first step, I want to look at other options for diversifying my investments. I've started looking into syndicated mort...