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PPM (Private Placement Memorandum)

June 2, 2026

Most real estate sponsors understand, at least in principle, that the PPM cannot be misleading. What is harder in practice…

Jason Powell

June 1, 2026

A real estate sponsor launches a value-add apartment offering in January. The PPM reflects the deal as it was underwritten:…

Jason Powell

May 31, 2026

In fiscal year 2025, the SEC filed 456 enforcement actions and obtained orders for monetary relief totaling $17.9 billion. The…

Jason Powell

May 29, 2026

A real estate sponsor shows an investor a well-produced pitch deck. The property is a value-add multifamily acquisition in a…

Jason Powell