MasterClass - Legal Aspects of Real Estate Syndication
With securities attorney Peter R. Fischer, partner at Sklar Kirsh
If you are a real estate developer/investor wanting to raise capital for your projects from private individuals, this advanced training is for you.
In this advanced Master Class you will be learning as Adam Gower discusses key legal concepts with securities attorney, Peter Fischer, partner at law firm Sklar Kirsh in Los Angeles.
Here is what you are going to be learning about in this course:
- What a real estate syndication is.
- What are the different roles in a syndication.
- What kind of profits you can realize in a real estate syndication.
- How you can get paid using a syndication.
- What kinds of different syndication legal structures there are.
- What the rights and responsibilities are of the different players in a syndication.
- What the typical size is of a syndication.
- What kinds of fees you can expect to earn.
- What are the most important things you should keep in mind.
- How real estate syndications are different from crowdfunding.
- A step by step guide to syndicating a real estate deal.
- What the biggest mistakes are that sponsors (and investors) make in syndications.
- The biggest misconceptions about syndications.
- The typical (legal) costs of putting together a syndication.
Peter is a recognized 'SuperLawyer.' He is a partner with Sklar Kirsh LLP and a member of the Firm’s Real Estate and Corporate Departments. He is an experienced commercial real estate transactional attorney, whose clients include developers, operators, syndicators, private equity providers, investors and lenders.
Peter’s practice involves all aspects of the real estate industry, including acquisitions, dispositions, equity investments, syndications, fund formation, development, joint ventures, leasing, and financing (including Fannie Mae, Freddie Mac and EB-5 transactions), and he routinely works on transactions involving multi-family, assisted living, construction, industrial, office, and raw land, as well as mobile homes and self-storage facilities.
In the corporate realm, Peter focuses on private, mid-market M&A matters, stock and asset transactions, fund formation, syndication, and private placements. Peter represents a broad range of companies, funds, investors, and entrepreneurs, and he also counsels his clients on crisis management, pre-litigation workouts, and investor, partnership, and shareholder disputes.
Peter's rate at time of publication is $650 per hour. This course took many hours of preparation, production, and post production to put together and is one of the best value advanced courses on legal aspects of real estate syndication available anywhere in the industry.
IMPORTANT NOTICE:
Adam Gower is not an attorney and offers no legal advice of any kind. The information contained in this training is for general information purposes only. Nothing is intended as legal advice. Transmission of the information is not intended to create, and receipt does not constitute, an attorney-client relationship. No attorney-client relationship will be established with Sklar Kirsh or any of their attorneys unless by a written, fully executed engagement letter provided by the firm.
Your Instructor
Dr. Adam Gower is the world's foremost expert on raising real estate capital online.
He has combined his decades long experience in real estate investment and finance with best-of-class digital marketing techniques to create the Investor Acquisition System - a process utilized by sponsors and crowdfunding platforms to raise hundreds of millions of dollars.
He has held senior management positions at some of the largest real estate companies and institutions in the world and is recognized as an industry thought leader on the impact of crowd funding on the industry. During the 1990’s he was President and CEO of a division of Universal Studios developing their real estate portfolio throughout the Asia Pacific Region. After the financial crisis of 2008 had taken hold, Dr. Gower advised major regional banks and the world's largest private equity fund on their asset disposition strategies, assisting them to divest of large portfolios of real estate collateralized loans, and personally transacting in excess of $1.5 billion in real estate of all types.
Dr. Gower builds digital marketing platforms for developers so they can raise capital online and has taught the only fully accredited course in the country that focuses on real estate syndication investment via crowdfunding. In total he has taught real estate syndication courses to over 5,000 investors and is a prolific author.
His most popular books include SYNDICATE, a guide to raising capital online, The SECRET World of Real Estate and Crowdfunding, that reveals hidden benefits of investing in real estate, REALITY, covers how to access discounted real estate investments while protecting your capital, and in Capital Calls and RESCUE Capital you'll learn what to do during a downturn when things go wrong.
Dr. Gower hosts The Real Estate Reality Show on YouTube and podcast channels and curates the (free) GowerCrowd newsletter, the real estate syndication industry's leading resource for news, training, and online education for both sponsors and investors alike.
Visit GowerCrowd.com to learn more.
Course Curriculum
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Start1 What is a real estate syndication (1:39)
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Start2 What are the different roles in a syndication (2:03)
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Start3 What kind of profit can you realize in a real estate syndication (3:59)
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Start4 How do you get paid in a real estate syndication (4:01)
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Start5 What kinds of different syndication legal structures are there (2:37)
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Start6 What are the rights and responsibilities in a real estate syndication (1:52)
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Start7 What is the typical size of a real estate syndication (6:58)
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Start8 What kinds of fees can a sponsor expect to earn in a syndication (1:33)
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Start9 What are the top things to be thinking about when putting together a real estate syndication (1:43)
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Start10 How is real estate syndication different from real estate crowdfunding (1:59)
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Start11 A step by step guide to syndicating a real estate deal (2:33)
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Start12What of the biggest mistakes the sponsors and investors make in real estate syndications (3:53)
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Start13 What are the biggest misconceptions that sponsors and investors have in real estate syndications (2:10)
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Start14 what is the typical cost of putting together a syndication (3:12)
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StartWhat is real estate syndication?
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Start1 Documents That Comprise a Typical Syndication (1:50)
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Start2 Is a PPM Required by Legislation (4:32)
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Start3 When a PPM is required (1:40)
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Start4 PPM Checklist (6:57)
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Start5 The difference between PPM Deal memo and pitch deck (4:08)
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Start6 Is the PPM a business plan (4:29)
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Start7 What alternatives are there to PPMs (3:38)
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Start8 Can a PPM be replaced by a page on a website (2:49)
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Start9 What is a sophisticated Investor (2:18)
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Preview10 Differences between Regulation D 506(b) and 506(c) (11:28)
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Start11 What filings with the SEC are required (1:57)
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Start12 The Cost of a PPM (1:50)
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StartWhat is a private placement memorandum, a 'PPM'?