Catherine Bell defines syndication as a group pooling resources and expertise on a shared platform to execute a deal together. It's how investors collaborate to build the capital stack needed for larger projects.
Syndication is a group that are all on the same platform to get together and do things, right?
So that's a syndication. It's a group of people just getting together to do a deal. So then—
are you guys, are you guys sharing your screen or— I'm on Doodle, sorry. No, no, that's okay. I thought it was on my end.
Oh, I thought, I thought it was shared because on here it shows as shared, but that doesn't mean anything. Okay, there you go. Are you seeing that now? Yes, thank you. Okay. Thank you for saying something. Okay. The recommended capital stack. So The capital stack just means like the loan, the equity, what the sponsor's bringing in, the total cost of the project. It's how the money is being brought in. And then how to structure the investor equity.
