Wayne Courreges IIIManaging Principal, CREI Partners, CREI Partners, CREI Partners, LLC · Disciplined Passive Real Estate. Transparent Leadership.

What To Expect From A Real Estate Sponsor

Name: What To Expect From A Real Estate Sponsor
Uploaded: 2023-05-23T00:01:33+00:00
Duration: 56 s
Channel: Wayne Courreges III
Description: This short presenter-led video explains how prospective real-estate investors should vet sponsors. It advises thoroughly reading the sponsor's investment…

23 May 2023 · 1 min

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This short presenter-led video explains how prospective real-estate investors should vet sponsors. It advises thoroughly reading the sponsor's investment summary (typically a long PDF containing property photos, financials, business plan, projected returns, and team bios) and, when available, attending the sponsor's webinar or conference call to hear directly from the sponsor and ask questions.

Chapters

In this video, we're going to pretend you're getting to know some sponsors and you're all fired up about the next potential deal, going to stop you from getting the cart before the horse and share what you should expect from sponsors and how to vet these opportunities. As a sponsor start to get investment opportunities, they're going to send you materials to tell you about those opportunities. One is the investment summary and the other is a webinar or conference call or some sort. So let's start with the investment summary. Almost all sponsors will have this and it's going to be a long document, usually a PDF. It covers all the details of the investment and contains everything from pictures of the property to the projected returns, the financials, the business plan, the team involved, everything. I highly recommend you scour the investment summary in depth. Next, we have either the webinar or the conference call. Not all sponsors will offer a webinar or a conference call. When one is offered, you definitely want to attend, live if possible. Why? Because the webinar will be one of your only chances to hear directly from the sponsor.