Fundamentals of Real Estate Capital Formation:
The legal building blocks of real estate joint ventures, syndications and funds.
A real estate sponsor closes a successful multifamily acquisition. Distributions are running ahead of projections. Three investors send unsolicited emails…
Jason Powell
A real estate sponsor builds a polished website to support an upcoming Rule 506(b) capital raise. The site includes a…
Jason Powell
A real estate sponsor closes a multifamily fund at $12 million after accepting subscriptions from eighteen investors over a five-month…
Jason Powell
Most real estate sponsors think of their CRM as a sales tool and their investor communications as a relationship management…
Jason Powell
A sponsor is on a call with a prospective investor who has reviewed the PPM and is close to committing….
Jason Powell
In late 2024, the SEC’s Division of Enforcement concluded an investigation into a real estate sponsor who had raised capital…
Jason Powell
A rolling closing structure is often described as an investor-friendly feature of a private offering, and in one sense that…
Jason Powell
The wire hits the escrow account on a Tuesday afternoon. The purchase and sale agreement has a hard closing deadline…
Jason Powell
Here is a question most real estate sponsors cannot answer precisely: if the SEC sent an examination request tomorrow asking…
Jason Powell
Most real estate sponsors know they cannot admit unaccredited investors into a Rule 506(c) offering. Fewer understand that admitting an…
Jason Powell
A real estate sponsor finishes a two-year fundraise. The offering closed with thirty-two investors. Several months after the final close,…
Jason Powell
A ground-up multifamily development offering presents a three-phase business plan. Phase one is construction: a 22-month build on a fully…