Deals
Wipe Out.
A syndication deal goes to zero. Yes, it happens.
Syndication
Cashflow
Do Syndications Really Provide "Simple Passive Cashflow"?
Don't fall for the argument that syndications offer Simple Passive Cashflow. It is an illusion. They can be great but don't buy the hype.
Choosing
The number five trait in a syndicator: values-aligned
A final key trait for us: is the syndicator values-aligned? This is a fairly long-term relationship, after all...
Choosing
The number one trait in a syndicator: trustworthiness
There is one most essential element in a syndicator: trust. You can't do without it given the nature and size of syndication investments and the structure of the LP/GP relationship.
Cashflow
Types of Returns from Syndications
We were pleased to receive a reader question about the types of options you have as an investor in a syndication. This investor is looking at the types of returns they can expect and when. They wonder what type of investment to choose within the world of syndications. As always,
Blue Lake Capital
Is 2023 a buying opportunity or a time to stay on the sidelines for multifamily syndication investors?
Are we in a recession or headed into one? Will the Fed really keep raising rates all year? Will rents go down in 2023 instead of up? Will distressed sellers have to give up great properties at low prices? The list of unknowns for syndication investors is long and growing
Inflation
How is Sustained Inflation Affecting Multifamily Real Estate Syndications?
We have been tracking the effects of sustained high inflation on our portfolio of multifamily real estate syndication holdings. We thought a quick update, in Fall 2022, might be of interest to some readers. We took a close look at the Q3 reports from about 10 of our holdings to
Fees
Fees: What You Are Paying Syndicators
As a limited partner, you get a lot of advantages: no hassles from the three Ts (tenants, toilets, termites), no handling of non-paying tenants (managing evictions), and just the upside of the cash flow and gains on disposition or refinancing. So what do the syndicators get? Answer: All that and
Cashflow
Patience and the Syndication Portfolio
You can't expect your syndication investments to work out exactly as the people promoting the deal tell you they will. You shouldn't expect it and may well be setting yourself up for disappointment if you do. In our experience, it makes sense to assume that the
Syndication
What could go wrong in a syndication investment?
There are some really appealing things about investing in a syndication. As eager syndicators (or sponsors or operators or deal promoters etc.) will tell you over and over, you get to invest passively in an appealing asset class, you don't have to do much work, you get a
Book Review
Book Review: "The Hands-Off Investor"
If you were to ask, "What's the one recent book I should read about investing in real estate syndications to get the basics before I start?," the list of possibilities would definitely include Brian Burke's The Hands-Off Investor: An Insider's Guide to
Book Review
Book Review: "Backstage Guide to Real Estate"
I think it is safe to say that the most fun book we have read about real estate syndications is Matthew Picheny's "Backstage Guide to Real Estate: Produce Passive Income, Write Your Own Story, and Direct Your Dollars Toward Positive Change."