Updated almost 14 years ago on . Most recent reply

Reasonable GC Fees
If you were participating as a LP in a syndication what would you consider to be a reasonable GC fee for overseeing SFR builds?
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I would typically take 15% of construction costs. If the volume is higher and you can coordinate the same trades across multiple properties at the same time, then a lower percentage (12%) could be in line. My numbers were based off building in SoCal so those percentages were much higher in real dollars.