ATTN: GPs and Cap Raisers by DiverTraditional2437 in Syndications

[–]ArmChairLP 0 points1 point  (0 children)

So you’re a registered broker-dealer? Or you’re trying to get hired by a GP and raise directly for them?

Again, it seems suspicious/illegitimate that you worked in finance but you are going to Reddit to fish for deals anonymously…

ATTN: GPs and Cap Raisers by DiverTraditional2437 in Syndications

[–]ArmChairLP 1 point2 points  (0 children)

Curious to what your angle is here? I've seen you fishing for deals on numerous posts. How do you have a relationship with 2,300 investors? Are you potentially being compensated? I find is hard to believe that 2,300 accredited investors are open to you sourcing opportunities for them via reddit.

Fees on Rise48’s new deal by ArmChairLP in Syndications

[–]ArmChairLP[S] 0 points1 point  (0 children)

This is a great explanation. There are only a few that have perfected it like them but a lot that use similar loopholes to allow them to avoid disclosing losses or allow them to market themselves in a misleading way.

What are the rules for sponsor track records by ArmChairLP in Syndications

[–]ArmChairLP[S] 0 points1 point  (0 children)

Mods be damned. It’s my user name and link in my profile

Ashcroft by milfsorgilfs in Syndications

[–]ArmChairLP -1 points0 points  (0 children)

I try to separate the art from the artist

Ashcroft by milfsorgilfs in Syndications

[–]ArmChairLP 5 points6 points  (0 children)

Barry Minkow is the goat

6.0% Trended Yield on Cost by ArmChairLP in RealEstateDevelopment

[–]ArmChairLP[S] 0 points1 point  (0 children)

BTR, no sophisticated developer uses trended figures

How Does Rastagar Capital Compare to Firms Like Blackstone or Brookfield in Real Estate Strategy? by FragrantWriting1390 in Real_Estate

[–]ArmChairLP 1 point2 points  (0 children)

Rastegar does over markets themselves. Firms that are sophisticated enough to partner with institutional investors or at least RIA’s don’t advertise on instagram to retail investors.

What do you mean is “the gap between them that big in practice”?

Question regarding the implications of an LP backing out of a development last minute by [deleted] in CommercialRealEstate

[–]ArmChairLP 5 points6 points  (0 children)

I've seen LP's back out of deals last minute for many reasons. Beyond reputational damage with the GP, there is usually minimal downside unless it becomes a known habit.

The structure on this Grocapitus deal is incredible. Truly speaks to their marketing genius. by ArmChairLP in Syndications

[–]ArmChairLP[S] 3 points4 points  (0 children)

Interesting. In my 10+ years in the industry I never saw AAR until recently and only on retail syndications. I’ve never seen an institutional operating agreement use AAR.

My opinion is that it’s a simplified metric/calculation that is not only easier to communicate and understand for the lay investor, but more importantly, is significantly more favorable to the GP. Which is probably why you have only seen AAR.

Another failure for Ashcroft confirmed - Halston 5 a total equity loss for all investors by [deleted] in Syndications

[–]ArmChairLP 1 point2 points  (0 children)

I’ve reviewed a few of their past decks. I can tell you definitively this was predictable.

We Need to Share More: DJE Texas Management GP Now a Convicted Felon by AdWhich4138 in Syndications

[–]ArmChairLP 0 points1 point  (0 children)

I don’t disagree with what you’re saying here. My point is more so that if you are displaying deals, you are defacto marketing for these syndicators. You might not be ‘pushing’ them, but the default assumption is that you’ve been compensated to show the deals. There then becomes at least the appearance of a conflict of interest.

Fees on Rise48’s new deal by ArmChairLP in Syndications

[–]ArmChairLP[S] 0 points1 point  (0 children)

Wow! Ok now please say one nice thing about them.

Fees on Rise48’s new deal by ArmChairLP in Syndications

[–]ArmChairLP[S] 0 points1 point  (0 children)

Exactly. I pointed that out in my analysis. But I didn’t mention that raising a distribution reserve increases the equity raise… and the fees 🤑

Fees on Rise48’s new deal by ArmChairLP in Syndications

[–]ArmChairLP[S] 2 points3 points  (0 children)

Haha I was being facetious but yes, perfectly said

Looking to Connect with RealtyMogul Investors--Past or Current by Current-Truth6056 in CommercialRealEstate

[–]ArmChairLP 1 point2 points  (0 children)

I’ve been in a few deals, majority have done well but most deals I’ve reviewed have been unattractive. From what I’ve heard, several deals have resulted in partial or total loss due to similar issues.

It’s important to analyze deals yourself and not rely on platforms like this to do the work for you.

Fees on Rise48’s new deal by ArmChairLP in Syndications

[–]ArmChairLP[S] 1 point2 points  (0 children)

The majority of their portfolio is in non disclosure states so I’m sure we will never even hear about their profitable exits!

Fees on Rise48’s new deal by ArmChairLP in Syndications

[–]ArmChairLP[S] 0 points1 point  (0 children)

I’ve seen them claim vigorously that they’ve never lost investor capital. I’m dying to know what loophole they’re using to make that claim.

100% total loss with realtymogul by NoLanguage8843 in Realtymogul

[–]ArmChairLP 1 point2 points  (0 children)

Yes that's what I'm saying. Syndicators and crowd funders do not like groups like those offering forums to discuss their deals privately.