This entry treats the syndication limited-partner role specifically as a capital-deployment strategy: an investor or allocator placing capital into sponsor-led real estate syndications to earn equity returns, viewed through the lens of capital allocation rather than the passive-income framing of...
Log in to followThis one closed in Q3 and I've been sitting on the numbers for a month before writing it up. Structure: $85k into a 214-unit garden multifamily deal in a mid-size southeast market…
Closed out last month at 1.03x on $55k over four years and I've spent a while working out where the money went, because the property did fine. Deal was a portfolio of small rural…
This one is closed now, or at least my money came back, and it came back at 0.94x after three and a half years. So I lost about $2,400 and three and a half years of anything else…
$30k into an apartment deal in 2022 because I wanted income without a second job. Sold my position back to the sponsor last year at 0.88x, which I understand was generous of them…
Long hold person by temperament and I got into LP deals because I wanted institutional-scale exposure without operating anything. Nine positions since 2018, checks between $50k an…
Before my first LP position I asked the sponsor for references from investors in their earlier deals. They gave me six names. I found two more myself through a local investor grou…
Wired $25k into a small industrial deal in March. Four tenants, 41,000 square feet, a sponsor who does about one of these a year in a market I know because I grew up two towns ove…
First LP position, $35k into a small industrial deal. I'd already decided to invest before I read the documents, which I now think is backwards. I printed the whole thing, 94 page…
I had $60k and a sponsor I liked with a $50k minimum. Almost put the whole thing in one deal. Instead I asked both that sponsor and a second one whether they'd take $30k. Both sai…