The general partner, or sponsor, is the active operator of a real estate syndication: the party that finds the deal, underwrites it, arranges financing, raises capital from limited partners, executes the business plan, and manages the asset through to sale.
Log in to followI do land and entitlement work, so I know one thing well and almost nothing about running apartments. Twice now someone has floated me being the GP on a small multifamily raise be…
Small town, roughly 6,200 people, one large regional employer plus a hospital. 22 units in two buildings, $1.15M, in-place rents about 22 percent under what the newer product acro…
Got the PPM Friday. Two deals with this group as an LP, both mid-size value-add multifamily in secondary markets, both still holding, both roughly on plan. The next vehicle isn't…