Due Diligence

Four steps to help new investors invest in syndications confidently and move past decision paralysis.

Where in the capital stack does my money sit? Your answer determines not only your return profile in good times, but also your level of protection in bad times.

The SEC reported that investment scams cost Americans more than $5.7 billion in 2024, with many cases tied to private offerings (like real estate syndications) lacking oversight. Here are ten critical red flags every investor should be able to identify before committing funds to a real estate deal.

A recapitalization is a restructuring of a property's capital stack (the mix of debt and equity that finances an investment). While they can be legitimate business strategies, transparency can be an issue.

Ground-up multifamily development gives investors access to a proven asset class, long-term appreciation potential, and the ability to diversify outside of traditional stocks and bonds. This guide explains how the process works, why development is a strong choice for investors, the pros and cons to consider, and the steps to get started.

The FUND framework is a simple way to evaluate opportunities by looking at four pillars: Financials, Underlying Assets, Notable Differentiator, and Delegation of Responsibilities.

Learn how to read a CRE proforma. Get started evaluating revenue, expenses, NOI growth, debt structure, and cap rates for informed LP investing.

Market volatility, rising interest rates, and unexpected shifts in asset performance have underscored the importance of thorough due diligence. For Limited Partners (LPs), the need to sharpen their evaluation strategies has never been greater. Whether assessing a new sponsor, evaluating a deal, or stress-testing an underwriting model, a refined due diligence approach can help mitigate risk and enhance returns.

Experienced LPs can find themselves overwhelmed by financial models, market analyses, and sponsor presentations, yet struggle to make confident investment choices. Despite access to unprecedented amounts of data, many report increasing uncertainty and decision fatigue when evaluating potential opportunities.

Some of the biggest frauds and financial disasters have happened because investors skipped due diligence on a “friend of a friend.” It’s an easy trap to fall into, after all, if someone in your network vouches for an opportunity, why wouldn’t you trust them?