Is Syndication Dead ?

Why did you say, is syndication dead? Tell me what, you know, what you're thinking about that.

Yeah, if everyone just takes a step back and, you know, syndication is popularly associated with multifamily, right? And by that, I didn't mean that investing in multifamily is dead. We'll definitely cover that topic. But the method, it's really just a method of pulling resources together, right? And I'm not going to jump into the legal aspects of it, but it really is just a pooling of resources. Now, because of the growing of popularity, and obviously there's just limited amount of resources, competition has gone so high. And, and obviously for those to get a competitive edge, they have to figure out where they have to zag when everyone's zigging. Mm-hmm. And because now the, the information of, oh wait, we can just form a group and, you know, take down a multifamily together, that message has gone to mainstream. So everyone is doing it. Those people who've been doing it while it was still the best-kept secret, these larger firms, they're saying like, okay, now not only do we have to compete with institutional, we have to compete with these emerging operators. What are other methods that we can use to raise capital? And then you can speak to all sorts of different kinds of funds, debt funds, kinds of relationships. Those sort of things are now the emerging And in this space, it's very relationship-based. So you can't really— if you do a lot of transactions, people are bound to hear what you're doing. And now that messaging has also now trickled down to, again, starting to go to the mainstream. But there's still quite a few people still using syndication. So what I meant by that is it's not as popular as it seems because, again, it's a method. But because the method has gone more competitive, People are now shifting to different ways to accomplish to the same end.